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Tk 123 crore arrears realized

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July 28, 2000 

  

Dhaka (UNB)- Loan recovery, investment and disbursement of Bangladesh Shilpa Bank rose by Tk 23.45 crore, Tk 37.41 crore and Tk 21.91 crore respectively last fiscal from previous year's records.


Timely action, close monitoring and new managerial methods brought the state-owned development finance institution the record success, BSB managing director Rabiul Hossain told a conference yesterday (Thursday).


BSB realised Tk 123 crore from arrears in 1999-2000 fiscal year.


Hossain unveiled a new action plan to make the officers-employees "more sincere, disciplined and hardworking to bring further dynamism in the bank operations".


Chairman of the BSB Board of Directors Prof M Shamsul Huq and members Sharif M Afzal Hossain and M Shahjalal Majumder also spoke at the conference of the bank's divisional, regional and branch officials.


Eight branches that achieved 100 per-cent loan recovery target last year and nine others who achieved 50 per cent were accredited in the meeting with certificates.



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