Prime Bank disburses agri loans to farmers in Faridpur

Prime Bank PLC has organised a programme to disburse open agri loans to farmers in Madhukhali upazila of Faridpur as part of its ongoing efforts to accelerate the growth and development of the agriculture sector in Bangladesh.

Around 150 farmers participated in the loan disbursement ceremony held at Madhukhali upazila today, according to a press release.

TM Forhad Reza Jewel, additional director of the Agricultural Credit Department at Bangladesh Bank, attended the programme and disbursed loans among the farmers.

Speaking on the occasion, M Nazeem A Choudhury, deputy managing director of Prime Bank PLC, said: "The agriculture sector plays a significant role in ensuring food security, generating employment, and alleviating poverty. Prime Bank is always committed to promoting farmers' financial inclusion."

"At present, the bank is supporting farmers through its specialised agricultural loan schemes -- "Abad" for crop production, "Khamar" for farm management, and "Nabanna" for the purchase of agricultural machinery."

"In continuation of this effort, Prime Bank has undertaken the initiative to disburse loans among farmers in this region," he added.

During the event, Prime Bank honoured eight farmers with crests for their exemplary record of timely loan repayment, which serves as an inspiring example for others in the community.

Md Abu Rasel, upazila nirbahi officer of Madhukhali; Md Mahbub Elahi, agricultural extension officer; Shahana Parvin, senior vice-president and head of agri business at Prime Bank PLC; and Tarikul Hasan, vice-president and zonal head, along with other senior officials of the bank, were also present.