RAKUB board vows to make agro-based economy vibrant

RAJSHAHI, Sept 08 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) should be committed to taking its banking services to the doorsteps of the farmers for elevating their living and livelihood condition.

Besides, the bank should also work for bringing all the existing agriculturally potential sectors and sub-sectors under qualitative and quantitative investments for making the region's agro-based economy more vibrant.

The Board of Directors of the bank made the observations at its 460th board meeting recently with Chairman Nazrul Islam in the chair, sources in RAKUB said.

RAKUB is operating its banking activities as the largest development partner in all the 16 northwest districts of Rajshahi and Rangpur divisions targeting its agricultural sector and all its sub-sectors.

The meeting noted that the bank's administrative and operational activities must be more transparent, accountable and farmer-friendly for boosting agricultural output.

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

The meeting discussed elaborately 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 'vital force' to boost the agricultural outputs, they expressed their commitment to protecting the farmers' interests as a whole.

Among others, the bank's Directors Saifuddin Ahmed, Kazi Hassan Ahmed, Prof Rustam Ali Ahmed and Abdul Wadud were present.

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