RAKUB for bringing potential sectors under quality financing

Posted by BankInfo on Tue, Sep 16 2014 11:55 am

RAJSHAHI: All the existing potential sectors and sub-sectors of agriculture should be brought under qualitative and quantitative investments for making the region’s agro-based economy more vibrant.

Services of Rajshahi Krishi Unnayan Bank (RAKUB) should be taken to the doorsteps of the farmers for elevating the condition of their living and livelihood, a RAKUB press release here said on Monday.

The Board of Directors of the bank in its 418th meeting on Monday made these observations. With Board Chairman Prof Dr Shah Newaz Ali in the chair, board members Mofazzal Hossain, Saifuddin Ahmed, Helaluddin Ahmed, Nuruzzaman Mollah, Prof Modan Mohan Dey and Prof Obaidur Rahman Pramanik were present at the meeting, reports BSS.

Deputy Managing Director Dr Nazmul Bari and Secretary Emdadul Haque also attended the meeting.

For the sake of sustainable livelihood of the farmers and for bolstering the agro- based economy, the meeting called for increasing the need- based credit flow.

The meeting discussed elaborately on how to make the bank’s operational and commercial activities more dynamic through strengthening the credit support for both farm and non-farm prospective fields.

Terming the farmers as the vital force to boost up the agricultural production the board expressed its commitment to protect farmers’ interests as a whole.

The meeting laid emphasis on intensifying the bank’s activities to supplement the government’s efforts to expand social safety net and ensure poverty reduction and food security, the release added.

Besides, the meeting reviewed overall activities of the bank and took some important decisions relating to its operational and administrative matters.

News:Daily Star/16-Sep-2014
Posted in Banking, News

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