THE BANGLADESH

Details & Description

ESTABLISHMENT

Rajshahi Krishi Unnayan Bank (RAKUB) was established by the President's Ordinance No. 58 of 1986 (later replaced by 'Rajshahi Krishi Unnayan Bank Act, 2014'). It took over the operations of 253 branches of Bangladesh Krishi Bank of the Rajshahi administrative division (presently Rajshahi and Rangpur divisions) and then started functioning on March 15, 1987. There are 383 branches of the bank including LPO and Dhaka branches among which 194 are in Rajshahi and 187 in Rangpur division. The number of rural branches is 333 while urban 50. RAKUB is the only specialized nationalized bank having its head office outside Dhaka, i.e. at Rajshahi.

CAPITAL

Authorized capital of the bank as determined by the government amounts to Tk. 10000 million and paid up capital Tk. 8250 million.

BOARD OF DIRECTORS:

To steer the bank in accordance with the government policies there is a Board of Directors comprised of the chairman and ten other directors as appointed by the government. Besides, there is a three-member executive committee for deciding on emergency policy matters.

VISION

Developing an efficient, inclusive, powerful financial and service system.

MISSION

Strengthen the financial investment system and develop the quality of services through strengthening institutional structure.

OBJECTIVE

To ensure proper utilization of agricultural possibilities of the north-western region of the country i.e. Rajshahi and Rangpur division, ensure necessary agricultural loans from the institutional sources.

Phone: 8802588820068

Email:  info@rakub.org.bd

Swift code: RKUBBDDH