RAKUB recovers Tk 1.79 billion outstanding loans

RAJSHAHI, Dec 20 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) has recovered outstanding loans worth Tk 1.79 billion (Tk 179 crore), including classified loan of Tk 290 million (Tk 29 crore), through its Victory Fair (Bijoy Mala).

The bank arranged the two-day fair in all its 378 branches from Dec 17 to Dec 18, marking the 47th Victory Day.

Apart from recovering loans, the bank distributed loan of Tk 1.29 billion (Tk 129 crore) in various potential sectors, including crops, farmers' credit, crop-sharing, green banking and dairy and spice farming, RAKUB Public Relations Officer Mohammed Jamil said on Wednesday.

RAKUB Chairman Nazrul Islam, Managing Director Muin Uddin, Deputy Managing Director Fazlul Haque and other officials concerned joined the fair.