Thursday, 6th October, 2022
Thursday, 6th October, 2022

RAKUB camp recovers Tk 156 crore loans from borrowers

Rajshahi Krishi Unnayan Bank (RAKUB) has recovered loans worth around Taka 156 crore, including Taka 24.41 crore classified loans from 8,163 borrowers through camps held in 383 branches simultaneously on May 24 and 25.

Of the recovered loans, Taka 77.14 crore from Rajshahi division, while Taka 78.16 crore from Rangpur division and Taka 0.46 crore from local principal office.

Side by side with the loan recovery, the bank mobilized deposits valued around Taka 20 crore, said the RAKUB sources here today.

Through 383 branches, RAKUB has been operating its commercial activities in all the 16 northwest districts of the two divisions targeting the agricultural sector and all its sub-sectors, including agro-processing and industries.

Together with infusing dynamism into its loan recovery and deposit collection, the bank has launched online banking, Electronic Fund Transfer, A-chalan and SMS banking to supplement the government’s efforts of building digital Bangladesh.

On March 23 last, the bank entered into the era of mobile App and internet banking aimed at bringing dynamism into its banking services.

With this breakthrough, clients of the bank are being benefited in many ways, including banking transactions anytime and from anywhere, bill payment of utility services and opening of new bank accounts from home.

As the largest development partner in agriculture sector as well as the agro-based industrial sector of northwest Bangladesh, the bank authority launched the modern banking technology.

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