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Rajshahi Krishi Unnayan Bank

autonomous · partial (verified 2026-05-17)

Profile

Head
Golam Murtuza
Role
Managing Director
Annual budget
Staff
3992
Established
1987
Legal basis
Presidential Ordinance No. 58, 1986

RAKUB reported a capital shortfall of Tk 2,620.11 crore as of June 2025 (Bangladesh Bank data); the proposed merger with Bangladesh Krishi Bank, approved in principle in April 2024, remains stalled as of mid-2026 amid concerns that both institutions are deeply insolvent. FY2024-25 loan disbursement target was Tk 4,100 crore; classified loan ratio improved to 16% (Tk 1,242 crore) from 19% as of the April 2025 board meeting.

Recent activity

Provenance & notes

verification_status=partial: website SSL errors blocked direct fetch of rakub.org.bd executive and overview pages; current_head Golam Murtuza confirmed by BSS report dated 2026-04-22 (single primary source, pre-dates window start of 2026-02-17 by event date only; the fire drill itself is within window). Wahida Begum held MD role as of 2025-07-31 (BSS divisional conference); Golam Murtuza's appointment date not found in public sources, set to null. Chairman Dr Muhammad Ali confirmed by multiple BSS board-meeting reports (April and July 2025) but his status under the post-Feb-2026 BNP-Tarique government is unconfirmed. Staff count of 3,992 is from Banglapedia citing 2020 data; likely reduced since. Capital shortfall of Tk 2,620.11 crore (approx Tk 25 bn widely cited in media) as of June 2025 per Bangladesh Bank data reported by Dhaka Tribune. BKB-RAKUB merger announced BB April 2024, FID review ongoing, no finalisation as of May 2026. RAKUB was carved out of Bangladesh Krishi Bank on 15 March 1987, initially receiving 253 BKB branches; now operates 383 branches.

Sources