Prime Bank PLC recently inaugurated an Open Agricultural Loan Disbursement Programme at the Dakbangla Field in Hatibandha Upazila, Lalmonirhat, underscoring its unwavering commitment to empowering local farmers and promoting sustainable agricultural development.
During the programme, a total of 288 farmers received loan cheques directly, providing them with immediate financial support to enhance productivity and farm management. According to an official press release from the bank, this initiative reflects Prime Bank’s proactive approach to making financial assistance more accessible at the grassroots level. Beyond increasing crop yields, the programme aims to foster sound farm management practices while ensuring the economic stability of rural communities.
As part of the inauguration, five exemplary farmers were honoured with commemorative crests in recognition of their responsible use of loans and timely repayments. This accolade not only rewards individual diligence but also seeks to instil a culture of financial discipline and accountability throughout the wider farming community.
Prime Bank has developed a diverse portfolio of agricultural loan products, including ‘Abad’, ‘Khamar’, and ‘Nobanno’, each tailored to meet the distinct needs of farmers. These products are designed to facilitate investment in modern farming technologies, high-yield seed varieties, and sustainable cultivation practices, thereby enabling farmers to maximise their production and achieve greater economic resilience.
In addition, the bank is actively encouraging the cultivation of alternative crops through low-interest loans, aiming to boost domestic production and reduce reliance on imports. This strategic initiative contributes to strengthening national self-sufficiency and enhancing Bangladesh’s long-term economic sustainability.
The launch ceremony was attended by both local and national dignitaries, including Rantu Poddar, Upazila Nirbahi Officer (UNO) of Hatibandha, Upazila Agricultural Officer Noor Islam, and Nazmul H. Farazi, Senior Manager of Narish Poultry & Haatari Limited. From Prime Bank, Senior Executive Vice President and Head of Branch Distribution Mamur Ahmed, Senior Vice President and Head of Agricultural Business Shahana Parveen, along with other senior officials, were present to mark the occasion.
Through initiatives like this, Prime Bank continues to play a pivotal role in fostering rural economic growth, supporting farmers’ livelihoods, and strengthening the agricultural sector as a cornerstone of national development, reaffirming its position as a key driver of inclusive financial empowerment in Bangladesh.