‘Potential sectors should be brought under quality financing’

Posted by BankInfo on Fri, Oct 14 2011 04:15 am

All the field level activities of Rajshahi Krishi Unnayan Bank (RAKUB) should be more proactive, transparent and accountable for implementing its objectives properly. Besides, importance should be given to bringing all the existing agricultural potential sectors and sub-sectors under qualitative and quantitative investments for making the region’s agro-based economy more vibrant.
The observations came at the 369th meeting of the Board of Directors of Rajshahi Krishi Unnayan Bank (RAKUB) held at its board room here on Wednesday with Board Chairman Prof Dr Shah Newaz Ali in the chair.
The meeting also noted that the bank’s administrative, operational and commercial activities must be farmers-friendly for boosting agricultural production.
For the sake of sustainable livelihood development of the farmers and for bolstering the agro-based economy, the meeting called for increasing the need-based credit flow so that the hopes and aspirations of the farmers in general are reflected properly.
The meeting discussed elaborately how to make the bank’s operational and commercial activities more dynamic through strengthening the credit support for both farm and non-farm prospective fields. Terming the farmers as a vital force for boosting up agricultural productivity the meeting expressed its commitment to protect the farmers’ interests as a whole.
Managing Director of the bank Prodip Kumar Dutta, Directors Khandaker Jahangir Kabir Rana, Abdul Mannan, Prof Rustam Ali Ahmed and Saidur Rahman attended the meeting.
Besides, Deputy Managing Director Siddiqur Rahman, General Manager Nozmul Hoque and Council-Secretary Aminul Islam Khandaker were also present. The meeting reviewed overall activities of the bank and took some important decisions relating to its operational and administrative matters.

News: The Independent / Bangladesh/ 14-Oct-2011

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