RAKUB disburse Tk 101.93 crore loan in Joypurhat

RAKUB disburse Tk 101.93 crore loan in Joypurhat


Rajshahi Krishi Unnayon Bank (RAKUB), Joypurhat region, has disbursed a total of Taka 101 crore, 93 lakh and 91 thousand as agriculture and business loan to 10,313 farmers and small businessmen of the district during the last fiscal 2015-2016.

The bank distributed loans through its 15 branches under Joypurhat Sadar, Panchbibi, Akkelpur, Kalai and Khetlal upazilas of the district, RAKUB sources said.

On the other hand, the bank has also recovered Taka 127.15 crore against the target of Taka 81.75 crore at the same period as outstanding loan from the borrowers.

The percentage of loan recovery by the bank stood at 155 percent.

The loan was disbursed for crop production, fisheries, animal resources, farm and irrigation machineries, agro-based industries, SMEs, micro credit, poverty reduction, classified loan and other need-based sectors.

Tanzim Ibne Mahamud, Joypurhat Zonal Manager of RAKUB, told BSS that the bank attained its disbursement and recovery targets in the just concluded financial year, reports BSS.


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