Krishi Bank vital to farm sector growth: FID secretary

Bangladesh Krishi Bank has been playing a crucial role in strengthening the country's agricultural economy by extending loans to climate-dependent and high-risk sectors, sustaining farm production to ensure food self-sufficiency, and supporting various government initiatives, said Nazma Mobarek, secretary to the Financial Institutions Division (FID) under the Ministry of Finance, at a programme today.

She made the remarks while addressing a day-long seminar as chief guest, according to a press release.

The seminar, titled "Role of Bangladesh Krishi Bank in Agricultural Development: Roadmap to Overcoming Challenges", was organised by Bangladesh Krishi Bank at its head office in Dhaka.

Mobarek underscored the need for proper implementation of the proposed roadmap to overcome existing challenges, ensure the bank's continuous development, and guide it towards profitability.

Mohammad Zahid Hossain, chairman of Bangladesh Krishi Bank, presided over the event.

At the seminar, Sanchia Binte Ali, managing director of the bank, presented a roadmap highlighting its activities, the challenges of financing the high-risk agricultural sector, and strategies for the way forward.

Md Sayed Kutub, additional secretary of the FID; Maksuma Akter Banu, joint secretary of the FID and member of the bank's board of directors; Sheikh Farid, joint secretary; Md Abdur Rahim and Mohd Khaleduzzaman, deputy managing directors of the bank; along with all general managers and senior officials of the head office, attended the seminar.