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BB asks banks to meet farm credit target-534363


BB asks banks to meet farm credit target
Tk 120.78 bn disbursed in 6 months
Anisul Islam Noor
6th February, 2021 11:17:44
Bangladesh Bank (BB) is pursuing banks to meet the agricultural credit disbursement target by end of the current fiscal year to help boost crop production.
Banks disbursed Tk 120.78 billion or 46 per cent of the agricultural credit disbursement target during the July- December period of FY21.
The annual agricultural credit target for FY 21 has been set at Tk 262.92 billion.
Of the Tk 120.78 billion disbursed so far, eight state-owned banks disbursed Tk 54.41 billion while the remaining Tk 66.37 billion was disbursed by private banks.
Banks also have recovered Tk 140.91 billion of the farm credit disbursed in the first six months of current fiscal, which was Tk 115 billion in the same period of the previous fiscal. ....

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