Shahjalal Islami Bank provides agricultural investments among farmers in Rangpur

Shahjalal Islami Bank PLC has provided agricultural investments to marginal farmers in four districts of the Rangpur region in collaboration with Sheba AgroTech and Seed Limited for crop cultivation in the 2024-25 fiscal year.

The initiative was taken in accordance with the Agricultural and Rural Credit Policy of Bangladesh Bank, with the aim of achieving GDP growth by increasing agricultural production in the country, controlling global inflation and making the country self-sufficient in alternative imported food.

Mr. Md. Rafiqul Islam, Executive Director of Bangladesh Bank, Rangpur Office, handed over the investment cheque to the recipients as the chief guest at an event organised at the 4th Bhangni Union Parishad Complex, Mithapukur, Rangpur on Monday.

The event was chaired by Mr. Md. Abdur Rahim, Head of SME & Agricultural Investment Department of the bank; and the event was conducted by Mr. Md. Rafiqul Islam, Unit In-charge of SME and Agricultural Investment.

At the event, cheques worth Tk. 6.50 million were distributed among 52 farmers of four districts in the Rangpur region.

Among others, Mr. Md. Obaid Ullah Chowdhury, Director of Bangladesh Bank, Rangpur Office; Additional Director Mr. Miratur Rahman Chowdhury; Chairman of 4th Bhangni Union Parishad Mr. Md. Abdullah Al Mamun; Managing Director of Sheba AgroTech and Seed Limited Mr. Kazi Borhan Amin; and the managers of four branches of the bank of that region were present along with the officials of both organisations.