AGRICULTURAL CREDIT DISBURSEMENT ROSE BY 20.58% IN FIVE MONTHS

Agricultural credit disbursement rose by 20.58% in five months

Agricultural credit (including non-farm rural credit) disbursed by banks during July-November 2013-14 amounted to a provisional Tk.55.01 billion as compared to Tk. 45.62 billion in July-November 2012-13, showing a growth of Tk. 9.39 billion or 20.58 percent. The credit disbursement achieved 37.69 percent of total target (Tk.145.95 billion) set for 2013-14. Agricultural credit disbursed by banks in November 2013 also increased by Tk. 1.45 billion or 11.75 percent to Tk. 13.79 billion from Tk. 12.34 billion in November 2012. Meanwhile, total recovery of agricultural loan during July-November 2013-14 rose by Tk. 9.67 billion or 18.86 percent to Tk 60.95 billion from Tk.51.28 billion during July-November 2012-13. But agricultural credit recovery by banks in November 2013 increased by Tk. 5.91 billion or 66.78 percent to Tk. 14.76 billion from Tk. 8.85 billion in November 2012.

 




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