Credit Programs
Reform Programs

Establishment

 

Rajshahi Krishi Unnayan Bank (RAKUB) was established by the President's Ordinance No. 58 of 1986 with the aim of providing institutional agricultural credit for optimum utilization of agricultural potentials of Rajshahi Division. Taking over the branches and offices along with assets and liabilities of the Bangladesh Krishi Bank within Rajshahi division, the bank started functioning on 15 March 1987.

Functions

As the largest development partner in the northwest region Rajshahi Krishi Unnayan Bank aims at overall development of farmers and all the sectors and sub-sectors of agriculture in this region. Besides, catering to agricultural credit the bank performs ancillary functions as financing agri-business and agro-based industries and poverty alleviation programs.

Capital

Authorized capital of the bank amounts to Tk 1500 million. At present Paid-up capital amounts to Tk 1500 million and reserve Tk 208.49 million.
 

Management

The Board is vested with the responsibility of formulation of policy in line with attainment of growth in agriculture and economic development of the region through agricultural credit support. The Board of Directors is constituted by seven members, all appointed by the government. Besides, for emergency decisions there is an executive committee constituted of the Chairman of the Board and two other members: the Managing Director and one of the Directors elected by the Board. The Managing Director is the chief executive of the bank. 

Organizational Structure

The head office is stationed at divisional headquarters city of Rajshahi . The branches network of the bank comprises 357 branches including one in Dhaka. Eighteen zonal offices stationed in district headquarters control branches under them. The General Manager's office at Rangpur oversees activities of 12 zones of greater Rangpur, Dinajpur and Bogra districts. There are 18 independent regional audit offices for conducting regular audit in branches and zonal offices. The only training institute of the bank is situated at Rajshahi. There are 3,464 employees of the bank of which 1,525 are officers and 1,939 other staff. 




 

Particulars
1996-97
1997-98
1998-99
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
Authorized Capital
1500.00
1500.00
1500.00
1500.00
1500.00
1500.00
1500.00
1500.00
1500.00
Paid up Capital
980.00
980.00
980.00
980.00
1080.00
1080.00
1080.00
1500.00
1500.00
Reserve & Surplus
208.47
208.47
208.47
208.47
208.44
208.49
208.49
208.49
208.49
Dues to Bangladesh Bank
7814.94
8696.87
10383.99
10706.65
10158.49
11187.80
12415.79
13402.46
15606.79
Deposit
2862.33
3195.59
3675.83
5051.94
6702.88
9052.10
10658.21
10820.34
11566.03
Depositors
841,613
851,780
856,949
888,885
951,276
997,032
1,008,025
1,041,729
1108970
Loans & Advances
14937.72
15372.85
12206.84
12574.77
13460.18
14705.92
16424.63
18326.65
21427.83
Borrowers
618,748
622,892
715,996
726,303
736,220
751,628
764,093
808,504
874,144
Total Assets
19294.01
20256.87
18875.43
19868.52
21186.79
24014.30
26680.64
27989.12
30385.05