Banking Fair Bangladesh 2015

      

Home  |  Internet Banking  |  Forms & Downloads  |  Schedule of Charges  |  Interest Rates  |  Publication
Agricultural /Rural Loan
Agriculture remains the most important sector of Bangladesh economy. Overall economic development of the country is dependent on the development of agriculture sector. Agriculture contributes 23% to our GDP. It is inevitable that the food security of the country can be ensured only through expansion of this prioritized sector. However, as widely identified, one of the major constraints that has been hindering sustainable growth and development of this sector is scarcity of fund amongst the poor farmers.

Recognizing this and also to facilitate the same, Bank Asia has been providing agricultural credit since its inception. The credit facility has been distributed through Direct and Indirect Channels.

The Agricultural Credit Department of the Bank has been working since 2006. Till September, 2012 we have disbursed agri/ rural credit to 1,86,196 beneficiaries through its rural branches as well as NGO linkages.
Position of Agricultural credit
Particulars Direct NGO Total
Outstanding (As on 30.09.2012) 170.94 1,198.95 1,369.89
Disbursement (July’12- Sep’12) 39.70 22.50 62.20
No. of beneficiaries 333 1,85,863 1,86,196
Sectors/Sub-sectors
Bank Asia has been providing agricultural credit in the following sectors/ sub-sectors:
Target Customer
Mode of Finance
Interest Rate
Rate of interest is 13% p.a. with quarterly rests.
We are also offering loan facilities at 4% interest rate for cultivating spice, maize, oilseed and pulse.
About Us
About Bank Asia
Vision, Mission & Core Values
Message from Chairman
Message from MD
Corporate Milestones
Awards & Achievements
Corporate Social Responsibilities
Green Banking
Corporate Governance
Board of Directors
Executive Committee
Audit Committee
Risk Management Committee
Management
Media Room
Latest News & Events
TVC
Advertisement
Locations
Head Office
Branch Locations
ATM Locations
SME Centers
Subsidiaries
Bank Asia Securities Ltd
BA Exchange Company (UK) Limited