BRAC Bank, GUK renew partnership to boost high-value crop output

FE DESK | Published: August 11, 2024 22:40:03

Md Sabbir Hossain, Deputy Managing Director and Chief Operating Officer of BRAC Bank, and Khondaker Alamgir Hossain, Executive Director of Gram Unnayan Karma, signed a partnership agreement at the bank's head office recently.

BRAC Bank and Gram Unnayan Karma (GUK) have again signed a strategic alliance to help farmers in remote char areas grow high-value crops using innovative agricultural technology and knowhow.
The two organisations will work together as part of a specially designed Corporate Social Responsibility (CSR) initiative focused on agriculture, says a press release.
The partnership will provide farmers of Dhunat, Bogura access to machinery and technology, enabling them to enhance harvest of cash crops including maize, jute, mustard, green chilli. Last year, the bank initiated partnership with GUK to assist farmers with high-yielding crops in Sariakandi, Bogura.
Md Sabbir Hossain, Deputy Managing Director and Chief Operating Officer of BRAC Bank, and Khondaker Alamgir Hossain, Executive Director of Gram Unnayan Karma, inked the agreement on behalf of their respective organisations at the bank's head office recently.
Md. Sabbir Hossain said, "We are happy to extend our partnership with Gram Unnayan Karma, which will help marginalised farmers in remote areas of the country boost agricultural output. By equipping these farmers with cutting-edge farming equipment and techniques, we hope to create sustainable markets and improve their standard of living."
"Building on the success of our past initiatives, last year, the bank enabled 1,400 farmers in char areas of Bogura with advanced agricultural technology, training, modern agricultural machinery and quality agricultural materials, facilitating increased harvest and uplifting economic wellbeing," he added.