Rajshahi Krishi Unnayan Bank

Rajshahi Krishi Unnayan Bank (RAKUB) is a state-owned bank in Bangladesh with regional approach. The bank emerged as the government's plan of intensive care to agriculture of Rajshahi and Rangpur administrative divisions providing livelihood to 35 million people of the area. The region is less developed compared to other parts, yet full of potentials in agriculture. Rajshahi and Rangpur divisions characterized by its surplus food grain production are popularly called the "granary of the country". Besides catering to agricultural credit, RAKUB, as it is acronymed, renders deposit banking services through all the 383 branches. The headquarters of the bank is stationed at Rajshahi city, some 270 kilometer to the north of Dhaka.

Functions

As the largest development partner in agriculture of the northwest region RAKUB aims at overall development of farmers and all the sectors and sub-sectors of agriculture in this region. The bank also performs functions like financing agri-business and agro-based industries and poverty alleviation programs.

Capital

Present authorized capital of the bank amounts to Tk. 10000 million and paid-up capital TK 8250 million. Reserves stand at Tk. 208.50 million.

Rajsgahi krishi unnayan bank is one of the oldest bank of the country. Especially works for rural and agriculture base investments.

Local bank