Agrani Bank PLC aims to reduce classified loans and strengthen debt collection with its 75-day-long fast debt collection program that took off on Monday. The debt recovery program was announced at the 898th virtual board meeting of the board of directors of Agrani Bank.
The meeting instructed all circles, corporate branches, regions, and branches to be vigilant that no new loans are classified and to achieve the desired target of reducing classified loans through collection, regularization, and recovery of classified loans. Also, with the aim of improving all business indicators, by continuing all banking activities, including deposit collection, loan disbursement, remittance collection, export trade, increasing interest income and non-interest income, and reducing expenses, directions are given to achieve the expected target of operating profit in 2023.
Chairman of the Board of Directors of Agrani Bank, Zayed Bakht, presided over the meeting. This special program was announced by the managing director and CEO of the bank, Murshedul Kabir.
The directors of Agrani Bank, observers, and deputy managing directors of Bangladesh Bank were virtually connected in the meeting.