BB gives Tk 5.3m to marginal farmers in Cox's Bazar

| Updated: November 25, 2019 20:48:28

BB gives Tk 5.3m to marginal farmers in Cox's Bazar

A total of Tk 5.3 million (Taka 53 lakhs) was distributed among the Tk 10 bank account holders of different commercial banks in Cox's Bazar on Saturday as part of the Bangladesh Bank (BB)'s financial inclusion efforts.

Executive Director of Bangladesh Bank A K M Fazlur Rahman distributed the cheques of loan money as the chief guest among 100 account holders of 28 commercial banks at a ceremony at the BIAM Foundation Auditorium.

The loan was given from the re-financing fund of the central bank. Regional BRAC Bank Head of Chattogram Salah Uddin Hajari presided over the function.

The BB arranged the loan distribution function under the supervision by BRAC Bank at the district town, the prime tourism hub of the country.

Head of BRAC Bank SME Banking Department Sayed Abdul Momen, Manager of its Cox's Bazar branch Ahmed Samshed Sultan Shaibal and Cox's Bazar Press Club President Mahbubur Rahman also attended the programme and spoke. Branch Managers of 28 commercial banks in Cox's Bazar were also present, among others.

In his address, Fazlur Rahman said the central bank has taken up the programme with the view to bringing to the mainstream economy the marginal farmers, landless peasants and those living under poverty line.

He said that another aim of this loan distribution is to inspire them to open bank account and promote and expand the Tk 10 account opening programme, he added.

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