Bangladesh Krishi bank disbursed Tk 954.36 crore as loans in Khulna Division in the 2010-2011 fiscal year to boost the rural economy and generate employment through enhancing agricultural and non- agricultural production in the region.

Alongside disbursement of loans, the bank also realized Tk 533.19 crore as outstanding loans during the same period, officials said here Monday.
They said Khulna Krishi Bank has been functioning through two administrative divisions since 2009 to provide better services to the farmers. Khulna, Satkhira, Bagerhat, Jessore and Narail districts are functioning under Khulna Regional office while Kushtia, Jhenidah, Chuadanga, Meherpur and Magura districts are functioning under Kushtia Regional office under Khulna division.
Assistant general manager of Krishi Bank Kazi Baes Newaz told BSS that the Khulna administrative division of the bank set a target of disbursing Tk 522.26 crore as loans among 75,730 farmers and recovering Tk 287.60 crore through its 84 branches in the region while the bank disbursed Tk 517.33 among the farmers and recovered Tk 267.79 in the last fiscal year.

News: The Independent/ Bangladesh/ 12-Oct-2011