Brac Bank recently signed a strategic partnership with a non-governmental organisation (NGO) Gram Unnayan Karma to support farmers living in remote char areas by enabling them to adopt high-value crops and develop markets for their agricultural produce.

Md Sabbir Hossain, deputy managing director and chief operating officer of the bank, and Khondaker Alamgir Hossain, executive director of the NGO, signed the deal at the bank's head office in Dhaka, said a press release.

Through this agreement, char-based farmers in Bogura can increase their income by expanding the cultivation of cash crops such as maize, jute, mustard, and green chili, utilising machinery.

"By empowering these farmers with modern machinery and advanced agricultural methods, we aim to develop sustainable markets and positively impact their livelihoods," said Sabbir.

Md Mahbub Alam, senior director of the NGO, and Md Rashidul Islam, director (social), and Tapos Kumar Roy, head of MFI and agriculture finance at the bank, along with other senior officials from both organisations were present.