Bangladesh Bank will announce the agriculture and rural credit policy and programmes today for the current financial year 2013-14 with a disbursement target of Tk 14,595 crore.

The target is around 3.29 per cent higher than the target of Tk 14,130 crore for the just concluded FY 2012-13.
BB governor Atiur Rahman will announce the policy at a press conference at the central bank headquarters in the city.

All the banks collectively disbursed Tk 14,667.49 crore, or 103.80 per cent, of the annual target of Tk 13,180 crore, in farm loans in the FY 2012-13.

A BB official told New Age on Sunday that the

 
new policy would set fresh rules and regulations to stimulate farm loan disbursement.

According to the new BB farm loan policy, the scheduled banks will have to disburse agricultural loans through

the Tk 10 farmer’s account apart from exceptional cases, he said.

Shah A Sarwar, Managing Director of IFIC Bank, inaugurates a branch of the bank at Dholaikhal in Dhaka on Monday.

IFIC Bank Limited opened its 108th branch at Dholaikhal in Dhaka on Monday.

Shah A Sarwar, Managing Director of the bank, inaugurated the branch as chief guest, said a press release.

Mati-ul Hasan, Deputy Managing Director (Business), SM Abdul Hamid, Deputy Managing Director and CFO, MM Haikal Hashmi, Deputy Managing Director and Chief Risk Officer, AKM Mazharul Hoque, Company Secretary, executives and local elites attended the inaugural ceremony.

A Sarwar said, “IFIC Bank has taken initiatives to introduce cutting-edge technology-based banking services in order to cope with the demand of the time. The bank offers real-time online banking service to its customers through all of its 108 branches.”

“IFIC Bank has business wings in Nepal, Oman, UK and several other countries. The Bank is also involved in different activities for socio-cultural development of the country,” he added.

 Southeast Bank Limited has expanded its branch network by opening its 97th branch at Sharulia at Demra in Dhaka recently.

Shahid Hossain, Managing Director of the bank, inaugurated the branch, said a press release.

SM Mainuddin Chowdhury, DMD, Khurshid Hasan Siddiqui, Head of Sharulia Branch, local businessmen, customers, educationists, and local elites were present.

 Al-Arafah Islami Bank Limited organised a discussion meeting on 'Siam, Iftar and Jakat' followed by Iftar Mahfil on Sunday.

Managing Director of the bank Md. Habibur Rahman was present in the meeting as chief guest, said a press release.

Founder chairman AZM Shamsul Alam and director of the bank Engr. Kh. Mesbah Uddin Ahmed were present on the occasion.

Kazi Faqurul Islam, Managing Director of BASIC Bank Limited, seen with the participants of a training course at the bank's training institute in Dhaka recently.

BASIC Bank Limited organised a five-day training workshop on "Audit, Monitoring and Compliance" for its assistant officials at the bank's training institute in Dhaka recently.

Kazi Faqurul Islam, Managing Director of BASIC Bank Limited was present as chief guest in the closing ceremony of workshop, said a press release.