Home ›› 14 Oct 2021 ›› Nation
Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed agricultural loans of Tk 572.57 crore during the first three months of the current 2021-2022 fiscal year.
The loans were disbursed through 383 branches in all 16 districts under Rajshahi and Rangpur divisions aimed at increasing crop production and boosting rural economy through recouping the losses being caused by the Covid-19 pandemic.
Besides, the specialised commercial bank also recovered loans of Tk 603.91 crore including classified loans of Taka 40.55 crore. It has collected deposits of Tk 139.10 crore during the same period.
Headquartered in Rajshahi, the bank has set a target of disbursing agricultural loans of TK 3,000 crore during the current fiscal year, said Ismail Hossain, Managing Director of RAKUB.
Target has also been set to recover loans of TK 2,800 crore, including classified loans with Tk 450 crore, and raise deposit collection to Tk 500 crore, he said.
As the largest development partner in the two divisions, RAKUB has been operating its banking activities targeting its agricultural sector and all its sub-sectors, including small and medium enterprises.
The bank has attained around hundred percent targets in all parameters under the Prime Minister’s stimulus package.
Its training institute has set an unprecedented instance in terms of competent human resource development through operating online training amid the Covid-19 pandemic.
