State-claimed business bank Janata Bank Limited (JBL) hopes to embrace a higher mindful strategy while choosing borrowers before very long to assist with expanding productivity.
The bank will likewise focus on farming, power and CMSME areas to furnish with credits in accordance with the public authority’s approach to help them.
This was seen at the fifteenth Annual General Meeting (AGM) of the bank held at its administrative center in the city’s Motijheel region on Sunday.
JBL Chairman Dr SM Mahfuzur Rahman managed the AGM while its Managing Director and CEO Md Abdus Salam Azad offered opening comments.
Extra Secretary of the Financial Institutions Division Mofiz Uddin Ahmed, JBL chiefs Ajit Kumar Paul, KM Shamsul Alam, Mohammad Asad Ullah, Ziauddin Ahmed, Md Abdul Majid, Rubina Amin and Meshkat Ahmed Chowdhury were available at the gathering.
Bangladesh Bank-designated spectator Md Humayun Kabir, JBL Deputy Managing Director (DMD) Md Abdul Jabbar, Sheik Md Zaminur Rahman, Md Asaduzzaman, Md. Quamrul Ahsan, CFO Md Nurul Alam, Company Secretary MHM Jahangir and other senior supervisors additionally joined the AGM, among others.
Talking on the event, Dr Mahfuzur Rahman said the bank has gained striking headway in the beyond three years pivoting from antagonistic circumstances.
He praised the jobs of the bank’s staff addressing from various levels.
JBL MD Abdus Salam Azad said the bank’s stores crossed Tk 1.0 trillion last year denoting an ascent of more than 23%.
The bank created a net gain of over Tk 3.0 billion of every 2021 which was essentially higher than Tk 140 million in the barely a year ago.
The bank’s MD likewise said the characterized advance of the bank diminished from 22.69 percent to 17.61 percent.
“Since the bank has taken areas of strength for an against defaulters and upgraded checking, how much ordered credits will slowly diminish,” he said.
Prior, the bank’s high-ups gave recognition to the representation of the Father of the Nation Bangabandhu Sheik Mujibur Rahman situated at the bank premises.