RAKUB recovers Taka 200 crore in Boishakhi Mela


22nd April, 2019 06:09:51 printer

RAKUB recovers Taka 200 crore in Boishakhi Mela

Rajshahi Krishi Unnayan Bank (RAKUB) has recovered outstanding loans worth around Taka 200 crore, including classified loan of Taka 33.02 crore, through its Boishakhi Fair, a RAKUB press release said.

The bank arranged a daylong fair in all its 381 branches in all 16 districts under Rajshahi and Rangpur divisions early last week, marking the celebration of Pahela Boishakh, the first day of 1426.

Apart from recovering loans, the bank distributed loan of Taka 141 crore in various potential sectors, including crops, farmers’ credit, crop-sharing, green banking and dairy and spice farming, the release added.

RAKUB chairman Nazrul Islam accompanied by the officials concerned visited different branches in Dinnajpur, Nilphamari, Rangpur and Gaibandha districts to see the loan recovery and disbursement activities.

As the largest development partner in all 16 northwest districts of Rajshahi and Rangpur divisions, RAKUB has been operating its banking activities in the country’s northwest region targeting its agricultural sector and all its sub-sectors.