BKB to disburse Tk 35.50b agri loans for post-flood rehabilitation
Wednesday, 15 August 2007
FE Report
Bangladesh Krishi Bank (BKB) has fixed up an enhanced disbursement target of Tk 35.50 billion (3,550 crore) for agricultural loans for the current financial year in the context of the recent flood.
The loans would constitute 54 per cent of the total disbursement target of the country in the agricultural sector.
The decision was taken at a meeting of the BKB senior officials in the city Sunday with its Managing Director M Fazlul Haque in the chair. It was organised to fix up a special post-flood agricultural rehabilitation programme of the bank.
Cent per cent achievement of disbursement of the loans was also reiterated in the meeting, and some specific decisions were also taken after discussion on the prevailing situation.
Primarily, with a view to mitigating the suffering of the flood-affected agricultural farmers and rehabilitating the agriculture sector, a 'special complaints and monitoring cell' was formed under the direct supervision of the bank's MD.
The cell would work for boosting up disbursement of agricultural loans, making the disbursement process flawless, eliminating possible irregularities in disbursement, and ensuring transparency and accountability in this connection.
Bangladesh Krishi Bank (BKB) has fixed up an enhanced disbursement target of Tk 35.50 billion (3,550 crore) for agricultural loans for the current financial year in the context of the recent flood.
The loans would constitute 54 per cent of the total disbursement target of the country in the agricultural sector.
The decision was taken at a meeting of the BKB senior officials in the city Sunday with its Managing Director M Fazlul Haque in the chair. It was organised to fix up a special post-flood agricultural rehabilitation programme of the bank.
Cent per cent achievement of disbursement of the loans was also reiterated in the meeting, and some specific decisions were also taken after discussion on the prevailing situation.
Primarily, with a view to mitigating the suffering of the flood-affected agricultural farmers and rehabilitating the agriculture sector, a 'special complaints and monitoring cell' was formed under the direct supervision of the bank's MD.
The cell would work for boosting up disbursement of agricultural loans, making the disbursement process flawless, eliminating possible irregularities in disbursement, and ensuring transparency and accountability in this connection.