Bangladesh Krishi Bank (BKB) has geared up its rural and agriculture loans disbursement drive in order to boost agricultural production in the country.

To be self-reliant in food production, the bank disbursed Agri-loan of Tk 47.34 billion in the current year which is 103 percent against the annual target.

During the period, the bank recovered Tk 44.83 billion loans, 85 percent of the target and Tk 10.39 billion more than the amount realised during last fiscal.

The bank has reduced its loss to Tk 650 million through disbursement and recovery of said amount of loans during the calendar year.

The bank has already set its annual loan disburse-ment target for the fiscal 2012-13.

It is expected that the bank will be able to make profit in the current year and disburse and recover higher loans in the next year.

The Daily Sun/Bangladesh/ 13th July 2012