An agreement on ‘Agricultural and Rural Credit’ between National Bank Ltd and Barind Multipurpose Development Authority (BMDA) was signed in Rajshahi recently.

Under the agreement, the joined venture Agricultural and Rural Credit programme sponsored by National Bank Ltd and BMDA was renewed.

Neaz Ahmed, managing director of NBL and Shafiqur Rahman, executive director, BMDA on behalf of their respective organisations, signed the agreement at a function at Shahebbazar in the city recently, said a press release.

Wasif Ali Khan, executive vice president and regional head of the NBL was present at the function.

Among other, Nurul Islam Thandu, chairman, BMDA, A K M Shafiqur Rahman and A S M Bulbul, deputy managing directors of NBL and Binoy Kumar Sikder, senior vice president and manager of Rajshahi branch attended the function. Dr M Monjur Hossain and more than a hundred peasant representatives were present at the function.

It was revealed at the meeting that, the agricultural loan disbursed by the bank amounted to Tk 1.00 billion.

National Bank has been disbursing agricultural loan in the region since 1993 and so far total 70,000 farmers became self-dependence with this loan support from the bank, said the press release.

News: Daiy Sun/ Bangladesh/ Apr-28-2011