BKB to disburse Tk 5.90b farm loan in Khulna
Monday, 4 August 2014
KHULNA, Aug 3 (BSS): Bangladesh Krishi Bank (BKB) in Khulna regional office has set a target to disburse agricultural loans worth Tk 5.90 billion in five districts under Khulna division during the current fiscal year (FY) 2014-15.
Regional office in BKB will disburse the loan through its 88 branches for boosting crop production and to help boost rural economy as well as generating employment through enhancing agricultural and non agricultural production in all the nine upazilas under the district and in the city.
The target has also been set to recover loans of Tk 5.02 billion to deposit Tk 2.0 billion, said general manager of BKB in Khulna Regional Office Md Abul Quasem.
Target has been fixed to disburse Tk 2.0 billion as crop loan, Tk 1.50 billion as fishery, Tk 500 million as animal resource, Tk 50 million as agricultural and irrigation machinery, Tk 180 million as agro based industry, Tk 50 million as poverty alleviation, Tk 550 million as SME loan and Tk 937 million for other need-based sectors.
Abul Quasem told the news agency that Khulna Regional Office of BKB has been functioning through two administrative divisions for last two years to provide better service to the farmers as well as small entrepreneurs.
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, he said.
In Khulna administrative division, the bank has set a target of disbursing Tk 5.90 billion as loans among 60,000 farmers and recovering Tk 5.02 billion through its 88 branches in the region.
Mr Quasem said during the fiscal year 2013-14, BKB disbursed loan of Tk 4.50 billion and recovered Tk 4.49 billion including 42.47 classified loans and added that in 2012-13 fiscal year, BKB disbursed Tk 4.32 billion as loans among 42,000 farmers and small entrepreneurs and recovered Tk 4.39 billion including classified and outstanding loans. Banking services will be updated in different branches here through introducing online, SMS banking and ATM booths for the customers with a view to reaching better banking services to the doorsteps to the people, he said.