Potential sectors should be brought under quality financing

Daily Sun, 28 July 2012

RAJSHAHI: All the existing potential sectors and sub-sectors of agriculture should be brought under qualitative and quantitative investments for making the region’s agro-based economy more vibrant.

This was stressed in the 384th meeting of the Board of Directors of Rajshahi Krishi Unnayan Bank (RAKUB) held at its board room here on Thursday with Board Chairman Prof Dr Shah Newaz Ali in the chair, RAKUB sources said.

The board meeting also noted that the bank’s administrative and operational activities must be transparent and accountable to be farmers-friendly for boosting agricultural production.

For the sake of sustainable livelihood of the farmers and for bolstering the agro- based economy, the meeting called for increasing the need-based credit flow.

The meeting discussed elaborately on how to make the bank’s operational and commercial activities more dynamic through strengthening the credit support for both farm and non-farm prospective fields.

Terming the farmers as the vital force to boost up the agricultural productions the board expressed its commitment to protect the farmers’ interests as a whole.

Managing Director (Acting) of the bank Abu Hanif Khan, Directors Khandaker Jahangir Kabir Rana, Abdul Mannan, Dr Rustam Ali Ahmed, Indu Bikash Mondal and Saifuddin Ahmed were present at the meeting.

General Manager (operation) Habibur Rahman, General Manager (Audit, Accounts and Recovery) Nishit Kumar Shaha, General Manager (Administration) Ekramul Haque, General Manager (Rajshahi division) Abdul Khaleque Khan and Council-Secretary AB Siddiqui were also present.

The meeting reviewed overall activities of the bank and took some important decisions relating to its operational and dministrative matters. —BSS

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