Home ›› 29 May 2023 ›› Nation
Rajshahi Krishi Unnayan Bank (RAKUB) has been playing a vital role towards bolstering the agro-based economy through financial investment in the country's northwest region.
The specialised state-owned commercial bank has been providing loans to grassroots farmers to supplement the government's efforts of making the country self-reliant in food production.
The Board of Directors of the bank revealed this while sharing their views in the 563rd board meeting with its Chairman Roisul Alam Mondal in the chair in Rajshahi on Sunday.
Through its 383 branches at present, RAKUB has been operating its activities as the largest development partner in all the 16 northwest districts of Rajshahi and Rangpur divisions targeting the agricultural sector and all its sub-sectors.
As the largest development partner in agriculture as well as the agro-based industrial sector of northwest Bangladesh, currently, the bank has adopted an effective work plan which is being implemented at the grassroots level to attain all the targets within the stipulated time.
RAKUB has not only developed the agricultural sector in the country's northwest region but also played a vital role towards its industrialisation.
RAKUB Managing Director Niranjan Chandra Debnath and Directors GSM Zafarullah, Habibur Rahman, Shamsul Wadud, Abdur Rouf and Aftab Hossain joined the meeting held at RAKUB headquarters boardroom.
Niranjan Chandra Debnath told the meeting that their bank has attained operational profit worth Tk 44.8 crore in the last 2021-2022 financial year overcoming the loss of Tk 3.10 crore incurred in the previous 2020-2021 fiscal year.
It has also attained operational profit worth Tk 22.95 crore during the first six months of the current 2022-2023 financial year up by Tk 19.31 crore in the corresponding period of the previous 2021-2022 fiscal year.
