Bangladesh Krishi Bank (BKB) will disburse Taka 1,781.23 crore agri-loans in the Khulna region during the current 2019- 20 fiscal year to facilitate increasing crop production and enhance rural economy, reports BSS.
The BKB will disburse the loans through its 88 branches in five districts under Khulna region, Assistant General Manager (AGM) of Krishi Bank in Khulna region Shikder Towhidul Islam told BSS on Saturday.
Target has also been set to recover loans of Taka 845.70 crore and target has been set to profit Taka 60 crore during this current period, he said.
The Bank already has given Taka 161.4 crore for agri-based loans against recovered Taka 119.61 crore and earned Taka 11.19 crore during this current fiscal year so far, source said.
The Bank also has been taken decision to increasing capital, distribution and realization of loans, classified loans, reduction of classified loans, realization of blocked loans and other action plans for achieving the set business targets, he said.
The official said the bank disbursed loan of Tk 929.34 crore, recovered Taka 973.90 crore including classified loans in 2018-19 last fiscal year.
The Krishi bank has attained an ever highest profit of Taka 35.96 crore during the 2018-19 financial year, up by Taka 29.43 crore than that of the previous fiscal, he added.
Deputy General Manager (DGM) of BKB Khulna region SMA Quyaum said, the bank enhanced its lending activities in multipurpose potential fields for boosting agricultural production, intensifying food security and flourishing poultry and dairy sectors.
“Putting maximum emphasis on ensuring best services to the farmers side by side with working with utmost sincerity and responsibility for continuous advancement of the reputed bank and making its profitable”, he added.