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Bangladesh Krishi Bank

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Bangladesh Krishi Bank
Company typeGovernment owned
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
Mohammad Ismail[1] (Chairman)
M. A. Yousoof (Managing Director)
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
Increase
WebsiteBangladesh Krishi Bank

Bangladesh Krishi Bank is a fully government owned bank in Bangladesh in 1973. The primary purpose of the bank is to provide services to farmers and agricultural industry.[2]

History

Bangladesh Krishi Bank is one of seven state owned banks in Bangladesh.[3] In 2015 the bank incurred a loss of 1589.3 million taka.[4] The Bank worked with the agriculture department of Bangladesh to provide loans to Boro rice Cultivators.[5] The bank was asked to stop providing loans to non-agricultural purposes. The Bank provided 19.26 billion taka loans for non-agricultural purposes from 2010 to 2013.[6] In 2015, Moulvibazar branch of the bank was robbed.[7] The Bank officials have faced investigations from Bangladesh Anti corruption commission.[8]

References

  1. ^ "Board Of Directors". krishibank.org.bd. Retrieved 3 February 2016.
  2. ^ "About Us". krishibank.org.bd. Retrieved 3 February 2016.
  3. ^ "State-owned banks in Bangladesh cut interest rates". bdnews24.com. Retrieved 3 February 2016.
  4. ^ "Tk 1 crore or more in 1.14 lakh accounts". thedailystar.net. The Daily Star. Retrieved 3 February 2016.
  5. ^ "Massive Boro cultivation in Netrakona". thefinancialexpress-bd.com. International Publications Limited. Retrieved 3 February 2016.
  6. ^ "Govt orders Krishi Bank to stop giving loans for non-agricultural purposes". bdnews24.com. Retrieved 3 February 2016.
  7. ^ "Moulvibazar Krishi Bank branch robbe". /bdnews24.com. Retrieved 3 February 2016.
  8. ^ "ACC grills 4 Krishi Bank officials over embezzlement". thedailystar.net. The Daily Star. Retrieved 3 February 2016.