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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 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 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 357 branches. The headquarters of the bank is stationed at Rajshahi city, some 270 kilometer to the north of Dhaka. |
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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 1500 million.
Paid-up capital amounted to Tk 1500 million and reserve Tk 208.49 million as on
30 June 2005. | |||||
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