Bangladesh Bank Governor highlights importance of farm loans
Bangladesh Bank Governor Dr Ahsan H Mansur has said that agricultural loans not only increase farmers' production but also serve as one of the most effective tools for rural development and improving the living standards of borrowers.
"As far as Bangladesh has progressed, it has done so holding the hand of agriculture. The future progress of Bangladesh may also come through agriculture," he said.
Dr Mansur delivered these remarks on September 18 as the chief guest at the Agricultural Entrepreneurs' Assembly and Skills Development Training, organised by United Commercial Bank PLC. The event was attended by nearly 300 agricultural entrepreneurs from the district.
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"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," Dr Mansur said.
He cautioned that without sufficient support, both agricultural production and market systems would be hampered. "Adequate assistance and loan facilities for agricultural entrepreneurs are essential to strengthen the rural economy," he stressed, while praising UCB's initiative.
