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20 Mar, 2023
Shahjalal Islami Bank Ltd. disbursed Agri investment among the farmers in Faridpur region with the aim of increasing agricultural production
Shahjalal Islami Bank Limited has disbursed agricultural investment at a subsidized profit rate of 4 percent to the onion and corn farmers of Faridpur region for the financial year of 2022-2023 as per the instructions of the Honorable Prime Minister of the Government of the People's Republic of Bangladesh and as per the Agricultural and Rural Credit Policy of Bangladesh Bank. On March 20, 2023 the Director of Shahjalal Islami Bank Limited and former chairman Mr. A. K. Azad was present as the chief guest and handed over the investment cheque to the farmers. The Managing Director & CEO of Shahjalal Islami Bank Limited Mr. Mosleh Uddin Ahmed and the Additional Director of Faridpur Agriculture Extension Directorate Mr. Md. Harun R. Rashid were present as special guests. The Deputy Managing Director of Shahjalal Islami Bank Mr. Md. Shahjahan Shiraj presided over the program. Shahjalal Islami Bank Limited has disbursed Investment facility of Taka 75 lakh to 50 farmers for increasing production in onion and corn cultivation in Faridpur region.

The SEVP, Head of Public Relations and Bank Foundation Division of the Bank Mr. Md. Shamsuddoha (Shimu) moderated the program. Among others, the Head of SME & Agri Investment Division of Shahjalal Islami Bank Ltd. Mr. Md. Abdur Rahim, the Manager of the Bank's Sadarpur Branch Mr. Md. Mahmudul Hasan, the Manager of Charbhadrasan Branch Mr. K. M. Anisur Rahman and the manager of Faridpur branch Mr. Monirul Islam delivered speech in the program. Moreover, Rahid Sheikh, Md. Imtiaz, Md. Julhas Sek, Sushil Chandra Mandal (Sunil) and Md. Hamidul Munshi expressed views among the farmers. The farmers of Faridpur area will benefit from the agricultural investment and the investors request more investment in the agricultural sector. The local prominent people were also present in the program.

In the speech of the Chief guest, Mr. A. K. Azad said that in every sector of the country has achieved maximum development during the tenure of the current government. The country today has been able to ensure food security by developing the agricultural sector. Production is increasing in every sector of agricultural products. Various natural disasters and instability in the international food market remind us that there is no alternative to increasing investment and production in agriculture to achieve food security in times of crisis. We have to produce our own food. We need to ensure our production systems adapt to the changing climate. As Bangladesh is a major agricultural country, if we can increase production as much as possible in this sector, then achieving sustainable development of the country will be much easier. The Hon'ble Prime Minister directed to reach the doorstep of the backward, underprivileged sections of the country and make the banks SME and farmer friendly. For that purpose, Shahjalal Islami Bank Limited has continued its operations consistently.

In the speech of the special guest the Managing Director and CEO of the bank Mr. Mosleh Uddin Ahmed highlighted the importance of the agricultural sector in ensuring the country's food security. Moreover, he called upon all concerned to play a more active role in the banking sector for proper investment in the agricultural sector. He also mentioned in his speech that it will be possible to achieve the desired development of the country only if food security is ensured in every sector.
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