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Krishi Bank earns TK 35.96cr profit in Khulna region


Bangladeshpost
Published : 05 Sep 2019 09:17 PM | Updated : 06 Sep 2020 03:22 PM

Bangladesh Krishi Bank (BKB) has attained an ever highest profit of Taka 35.96 crore during the recently concluded 2018-19 financial year, up by Taka 29.43 crore than that of the previous fiscal.

Assistant General Manager (AGM) of Krishi Bank in Khulna Region Shikdar Touhidul Islam said the state-owned specialized bank had made an operating profit of Taka 6.53 crore during the last 2017-18 fiscal, BSS reports.

At the initial stage of the fiscal, the bank management had formulated a work plan and given direction to the field level workforce for its proper implementation in order to transform the financial institution into a profit- earning and self-reliant one. BKB in Khulna region has setup target of loans TK. 1,463 crore while

disbursed Taka 929.34 crore as loans in the 2018-2019 fiscal year to help boost rural economy and generate employment through enhancing agricultural and non-agricultural production in the region. Side by side with disbursement of loans, the Bank has also realized Taka 973.90 crore including classified and outstanding loans during the same period, officials said here today. They said Khulna Krishi bank has been functioning through two administrative divisions since 2009-2010 fiscal years to provide better service to the farmers. AGM) Shikder Towhidul Islam told BSS today that in Khulna administrative division the bank has set a target of Profit Taka 55 crore as loans among 69,917 farmers and earns Taka 35.96 crore rate of 65 percent through its 88 branches in the region.

Of the loans, Taka 752.88 crore has been disbursed for agro loans among

63,372 farmers, Taka 34.69 crore has been disbursed for agro-based industries

among 276 people, Taka 139.07 crore disbursed for Small and Medium

Entrepreneurs'(SME) among 2,252 Entrepreneurs and Taka 2.70 crore disbursed

for Export-Import trade among 17 people.

“We are very much confident to attain the disbursement and recovery targets

through our quality and pro-people banking services,” he said adding that the

achievement in disbursement and recovery is 67 percent and 95 percent

respectively by the end of July 31, 2019.

Various business fields especially software, agro-processing and IT

business, agriculture, plantation, fisheries, poultry, tissue culture and

leather goods have been selected for investment.


Krishi Bank earns TK 35.96cr 

profit in Khulna region

Bangladesh Krishi Bank (BKB) has attained an ever highest profit of Taka 35.96 crore during the recently concluded 2018-19 financial year, up by Taka 29.43 crore than that of the previous fiscal.

Assistant General Manager (AGM) of Krishi Bank in Khulna Region Shikdar

Touhidul Islam said the state-owned specialized bank had made an operating

profit of Taka 6.53 crore during the last 2017-18 fiscal, BSS reports.

At the initial stage of the fiscal, the bank management had formulated a

work plan and given direction to the field level workforce for its proper

implementation in order to transform the financial institution into a profit-

earning and self-reliant one.

BKB in Khulna region has setup target of loans TK. 1,463 crore while

disbursed Taka 929.34 crore as loans in the 2018-2019 fiscal year to help

boost rural economy and generate employment through enhancing agricultural

and non-agricultural production in the region.

Side by side with disbursement of loans, the Bank has also realized Taka

973.90 crore including classified and outstanding loans during the same

period, officials said here today.

They said Khulna Krishi bank has been functioning through two

administrative divisions since 2009-2010 fiscal years to provide better

service to the farmers.

AGM) Shikder Towhidul Islam told BSS today that in Khulna administrative

division the bank has set a target of Profit Taka 55 crore as loans among

69,917 farmers and earns Taka 35.96 crore rate of 65 percent through its 88

branches in the region.

Of the loans, Taka 752.88 crore has been disbursed for agro loans among

63,372 farmers, Taka 34.69 crore has been disbursed for agro-based industries

among 276 people, Taka 139.07 crore disbursed for Small and Medium

Entrepreneurs'(SME) among 2,252 Entrepreneurs and Taka 2.70 crore disbursed

for Export-Import trade among 17 people.

“We are very much confident to attain the disbursement and recovery targets

through our quality and pro-people banking services,” he said adding that the

achievement in disbursement and recovery is 67 percent and 95 percent

respectively by the end of July 31, 2019.

Various business fields especially software, agro-processing and IT

business, agriculture, plantation, fisheries, poultry, tissue culture and

leather goods have been selected for investment.


Krishi Bank earns TK 35.96cr 

profit in Khulna region

Bangladesh Krishi Bank (BKB) has attained an ever highest profit of Taka 35.96 crore during the recently concluded 2018-19 financial year, up by Taka 29.43 crore than that of the previous fiscal.

Assistant General Manager (AGM) of Krishi Bank in Khulna Region Shikdar

Touhidul Islam said the state-owned specialized bank had made an operating

profit of Taka 6.53 crore during the last 2017-18 fiscal, BSS reports.

At the initial stage of the fiscal, the bank management had formulated a

work plan and given direction to the field level workforce for its proper

implementation in order to transform the financial institution into a profit-

earning and self-reliant one.

BKB in Khulna region has setup target of loans TK. 1,463 crore while

disbursed Taka 929.34 crore as loans in the 2018-2019 fiscal year to help

boost rural economy and generate employment through enhancing agricultural

and non-agricultural production in the region.

Side by side with disbursement of loans, the Bank has also realized Taka

973.90 crore including classified and outstanding loans during the same

period, officials said here today.

They said Khulna Krishi bank has been functioning through two

administrative divisions since 2009-2010 fiscal years to provide better

service to the farmers.

AGM) Shikder Towhidul Islam told BSS today that in Khulna administrative

division the bank has set a target of Profit Taka 55 crore as loans among

69,917 farmers and earns Taka 35.96 crore rate of 65 percent through its 88

branches in the region.

Of the loans, Taka 752.88 crore has been disbursed for agro loans among

63,372 farmers, Taka 34.69 crore has been disbursed for agro-based industries

among 276 people, Taka 139.07 crore disbursed for Small and Medium

Entrepreneurs'(SME) among 2,252 Entrepreneurs and Taka 2.70 crore disbursed

for Export-Import trade among 17 people.

“We are very much confident to attain the disbursement and recovery targets

through our quality and pro-people banking services,” he said adding that the

achievement in disbursement and recovery is 67 percent and 95 percent

respectively by the end of July 31, 2019.

Various business fields especially software, agro-processing and IT

business, agriculture, plantation, fisheries, poultry, tissue culture and

leather goods have been selected for investment.