United Commercial Bank PLC (UCB) has introduced agricultural loans for farmers to contribute to the development of the agricultural sector in Bangladesh.
Under this initiative UCB handed over a total loan of Tk 21 million to 71 farmers of Khagrachhari at the Marma Unnayan Sangsad Community Center on Tuesday, said a press release.
This initiative have made the farmers smile. The loan disbursement ceremony was attended by Mong Circle Chief (Majesty) Sachingpru Chowdhury of Khagrachhari Hill District, Additional Managing Director of UCB PLC Arif Quadri, Deputy Managing Director Nabil Mustafizur Rahman, Deputy Managing Director N Mustafa Tarek, Deputy Managing Director and Company Secretary ATM Tahmiduzzaman, Khagrachhari Fruit Owners Association’s President Divakar Chakma and other senior officials of UCB PLC.
Vijay Bikash Chakma said, “I could never have imagined that I would get a loan without collateral. I am really very happy. This loan will play an important role in my spice cultivation. Moreover, I did not have to suffer in any way to get this loan. I would like to thank UCB Bank for that. ”
Sachaingpru Chowdhury said, “Farmers here think that private bank means a lot of hassle, but this idea has been changed by United Commercial Bank PLC. Many times our farmers try again and again to get loans from different banks but they cannot get loans due to various complications. As a result, the living conditions of the farmers in Corona became more difficult. In such a situation, I would like to express my sincere gratitude to United Commercial Bank for standing by our farmers with easy unsecured loans. At the same time, we have a request to this bank, to stand by our farmer group.”
