BD moving forward with power of agriculture BB Governor

Business Report :

Agricultural loan is one of the best ways to boost rural development and raise the standard of life for borrowers in addition to increasing farmers’ output, Said Dr. Ahsan H. Mansur, the governor of Bangladesh Bank on Thursday.

“As far as Bangladesh has come, it has done so with agriculture at its side. Agriculture may also play a role in Bangladesh’s future development,” BB governor added.

He made these remarks yesterday while speaking as the chief guest at a program titled “Agricultural Entrepreneurs’ Assembly and Skills Development Training” organized by United Commercial Bank PLC (UCB).

Nearly 300 agricultural entrepreneurs from the district participated in the daylong event.
In his speech, Dr. Mansur also said: “Agriculture is not just farmers’ livelihood-it is the food security of the entire nation and the backbone of the economy. Therefore, ensuring support for agricultural entrepreneurs and access to loans on easy terms is our main goal.

We want agricultural loans to reach genuine farmers, banking services to become more accessible, and farmers to enjoy more benefits through digital banking.” Issuing a note of caution, he said that without sufficient support to farmers, both agricultural production and market systems would be hampered.
“Therefore, adequate assistance and loan facilities for agricultural entrepreneurs are essential to strengthen the rural economy,” he stressed. He praised UCB’s initiative in this regard.
From the morning, the venue was filled with vibrancy. Entrepreneurs from remote areas of the district exchanged experiences, shared new plans, and received guidance from experts. The event was abuzz with discussions on knowledge, experiences, and future prospects centered on agriculture. Meanwhile, the Bangladesh Bank increased the agricultural loan disbursement target for the current financial year, 2025-26, to Tk 39,000 crore, up by 2.63 per cent from the past year’s Tk 38,000 crore target.
Of the total allocation, Tk 13,880 crore is earmarked for state-owned commercial and specialised banks, while Tk 25,120 crore is for private and foreign banks. The allocation for the livestock sector has been raised to 20 per cent from 15 per cent.