About RAKUB

Rajshahi Krishi Unnayan Bank (RAKUB) 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 and Rangpur administrative divisions 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 and Rangpur divisions characterized by its surplus food grain production are popularly called the "granary of the country". Besides catering to agricultural credit, RAKUB, as it is acronymed, renders deposit banking services through all the 374 branches. The headquarters of the bank is stationed at Rajshahi city, some 270 kilometer to the north of Dhaka.

As the largest development partner in agriculture of 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.

Present authorized capital of the bank amounts to Tk 7500 million and paid-up capital Tk 5700 million. Reserves stand at Tk 208.50 million as on 31 Decembar 2012.