NRBC Bank organises open credit disbursement programme in Barguna

NRBC Bank PLC hosted an Open Credit Disbursement programme under the Bangladesh Bank Refinance Scheme Fund at the RDF Auditorium in Barguna, providing micro-loans to low-income, marginalised individuals.

Soheli Afrin, Additional Director of the Financial Inclusion Department of Bangladesh Bank, attended as the chief guest, while AKM Rabiul Islam, Head of Islamic Banking Division and Barishal-Khulna Zone Head of NRBC Bank, presided over the event. Senior officials from Bangladesh Bank, NRBC Bank, Sonali Bank, and other institutions were also present.

A total of 69 micro-loans were disbursed to account holders with Tk 10 accounts, with loan amounts ranging from Tk 50,000 to Tk 5 lakh. NRBC Bank issued the highest number of cheques, serving 23 customers. Other participating banks included Sonali Bank, Agrani Bank, Bangladesh Krishi Bank, Islami Bank, UCB, Uttara Bank, and BRAC Bank.

Chief Guest Soheli Afrin noted the positive impact of financial inclusion initiatives, saying, "By allowing low-income individuals to open accounts with minimal deposits, we've paved the way for their access to banking services. Loans are now available with simple documentation, supporting small entrepreneurs who can eventually grow into major contributors to the economy."

Debashish Roy, Joint Director of Bangladesh Bank, highlighted the institution's dedication to inclusivity: "Our financial inclusion programmes ensure no one is excluded from banking services, empowering every individual to contribute to the national economy."

AKM Rabiul Islam remarked, "NRBC Bank is dedicated to uplifting marginalised communities. Through this scheme, we've distributed Tk 93 crore to 3,000 entrepreneurs, empowering farmers, fishermen, potters, and other small-scale entrepreneurs in remote areas."

Ramzan Ali Bhuiyan, Head of Micro Finance at NRBC Bank, added, "With the support of Bangladesh Bank, we aim to drive economic growth by facilitating opportunities for the underprivileged and awakening the nation's economy."

This programme underscores the collective efforts of financial institutions in fostering entrepreneurship and improving the livelihoods of marginalised communities across Bangladesh.