Krishi Bank Is A Fully Government-owned Bank In Bangladesh, Established In 1973. The Main Purpose Of The Bank Is To Provide Services To Farmers And Agricultural Industries. Rajshahi Krishi Unnayan Bank Is Another State-owned Agricultural Bank Of China In Bangladesh.
History
Krishi Bank Was Established In 1973.
Krishi Bank Is One Of Six State-owned Banks In Bangladesh. In 2006, The Bank Was Ordered To Ensure 2% Interest On Loans To Farmers. On November 16, 2006, M Fazlul Haque Was Appointed Managing Director Of The Bank
On January 30, 2008, Khondkar Ibrahim Khaled Was Appointed Chairperson Of Bangladesh Krishi Bank And Md Mukter Hussain Was Appointed Managing Director Of Bangladesh Krishi Bank. 'In 2009, It Had 952 Branches, The Largest Number Of Branches Among Bangladesh Banks.
The Bank Was Asked To Stop Lending To Non-agricultural Purposes. From 2010 To 2013, The Bank Provided 19.26 Billion Taka Loans For Non-agricultural Purposes.
In December 2014, Four Bangladeshi Krishi Bank Officials Faced Investigation By The Anti-Corruption Commission. The Four Were Accused Of Providing Fraudulent Loans 1.52 Billion Taka To Wahidur Rahman, The Owner Of Firoz Group And A Restaurateur.
In 2015, Bangladeshi Krishi Bank Made A Loss 1.5893 Billion Taka. The Bank Partnered With The Agricultural Extension Department In Netrokona District To Provide Loans To Boro Rice Growers. The Bank's Moulvibazar Branch Was Robbed Over 600,000 Taka.
On November 23, 2016, Muhammad Awal Khan Was Appointed Managing Director Of Krishi Bank In Bangladesh.
In November 2017, The Anti-Corruption Commission Indicted Six People, Including Three Officials Of The Bank, For Misappropriating 4.30 Billion Taka With The Owners Of M/S RN Sweaters.
In August 2018, The Anti-Corruption Commission Indicted Six Officials Of Krishi Bank And Wahidur Rahman In Bangladesh, Accusing Them Of Embezzling 1.52 Billion Taka Between 2009 And 2013.
Justices M Enayetur Rahim And Sardar Md Rashed Jahangir Asked The Bank To Explain Why It Waived Tk 480 Interest On Loans Made To Businesspeople And Bangladesh Nationalist Party Politician Abbas Ali In May 2021. It Was One Of Nine Banks In Bangladesh That Lost Money In Quarter 1 2021. It Had The Highest Loss, At Tk 7.74 Billion. The Other Banks Were BASIC Bank Limited, Bangladesh Commerce Bank Limited, Bangladesh Development Bank, ICB Islamic Bank, Meghna Bank, NRB Bank, Padma Bank Limited And Rajshahi Krishi Unnayan Bank. On August 16, Shirin Akhter Was Appointed Managing Director Of The Bank. Following Shirin's Retirement, She Joined Karmasangsthan Bank In December 2021.
Krishi Bank Of Bangladesh Requires Deposits From State-owned Enterprises. In June 2022, It Had The Highest Capital Shortfall In Bangladesh At 128.77 Billion Taka. It Received A Thank You Letter From Bangladesh Bank For The Allocation Of Loans. The Bank Donated 10 Million Taka To The Relief Fund Of Prime Minister Sheikh Hasina.
