BKB disburses Tk 679m loans in Jhenidah
Our Correspondent | Tuesday, 13 November 2018
JHENIDAH, Nov 12: Bangladesh Krishi Bank (BKB), Jhenidah region, disbursed a total of Tk 679.10 million loan for crop farming, livestock rearing, fish farming, SME loan and others, in the first four months (July to October) of fiscal year (FY) 2018-2019, against their annual target of Tk 3.11 billion.
During this time the bank disbursed the amount through its 15 branches, the achievement being 22 per cent of the annual target.
Of the grand total, the bank distributed Tk 589.40 million as agriculture loan against annual disbursement target of Tk 2.41 billion and the achievement is 24 per cent.
The bank collected foreign remittance worth Tk 77.10 million against yearly target of Tk 300 million and it is 26 per cent of their annual target.
The bank targeted to disburse a total of Tk 490 million SME loan and it could disburse Tk 87.80 million, the percentage of achievement is 18.00.
The branches here disbursed a total amount of Tk 0.263 million at 4 per cent interest in cultivation of pulse, oil seeds and spices against its annual target of Tk 21.30 million.
The bank sources said that the majority of this category of loan is disbursed in the second half of the financial year (January to June).
The number of Tk 10 account holders under BKB Jhenidah region is 0.12 million among whom 19,000 people raise various allowances under government social safety programmes through this bank.
And many of the rest account holders continue loan activities through their Tk 10 accounts.
Meanwhile, the bank recovered a total of Tk 616.80 million against the annual target of Tk 1.82 billion which is 34 per cent their annual target.
BKB made net profit of Tk 88.9 million in the last financial year 2017-18.
Out of a total of 15 BKB branches in Jhenidah region, 11 branches are conducting online activities while the rest four are conducting manual activities.
AKM Ferdous Alam, Chief Regional Manager (CRM), Bangladesh Krishi Bank (BKB), Jhenidah region said among the five regions under Kushtia BKB division, Jhenidah chief region obtained the first position in respect of all kinds of target achievements.