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Rajshahi Krishi Unnayan Bank (RAKUB),
the largest development partner in agricultural finance in the Northwest
Bangladesh
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About RAKUB Rajshahi Krishi Unnayan Bank is a state-owned bank in Bangladesh with regional approach. The bank emerged as the government's plan of intensive care to agriculture of Rajshahi division (Rajshahi and Rangpur Division at present) providing livelihood to 35 million people of the area. The region is less developed compared to other parts, yet full of potentials in agriculture. Rajshahi Division (Rajshahi and Rangpur Division) characterized by its surplus food grain production is popularly called the "granary of the country". Besides catering to agricultural credit, RAKUB, as it is acronymed, renders deposit banking services through all the 365 branches. The headquarters of the bank is stationed at Rajshahi city, some 270 kilometer to the north of Dhaka. |
Tea Garden (Panchagarh)
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RAKUB Activities | |||||
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Functions: As the largest development partner in the northwest region RAKUB aims at overall development of farmers and all the sectors and sub-sectors of agriculture in this region. The bank also performs functions like financing agri-business and agro-based industries and poverty alleviation programs. Capital: Authorized capital of the bank amounts to Tk 7500 million. Paid-up capital amounts to Tk 5700 million and reserve Tk 208.50 million as on 25 April 2010. We extend credit facilities for Crop production, Livestock & Poultry, Farm machinery, Fishery, Agro-industries and agri-business, Continuous credit, Poverty Alleviation and more. | |||||
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