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.