BRAC Bank organizes a workshop on financing solutions and insurance facilities for cattle farming

BRAC Bank held an awareness workshop for its sales team in Chattogram on livestock finance and insurance facilities for cattle farming entrepreneurs.

The workshop was meant to train its field staff on the benefits of the finance facility and how it can help farmers grow their livestock business, a press release read.

SM Alomgir Hossain, Head of Small Business, East; Biplab Kumar Biswas, Head of Underwriting, Small Business (North and South); Md Ariful Islam, Head of Underwriting, Small Business, (South); Mesbah Uddin Muntassir, Senior HR Business Partner, SME, Legal and Recovery; and SM Saiful Islam, Agricultural Finance Manager of BRAC Bank, attended the workshop while Syed Abdul Momen, Deputy Managing Director and Head of SME Banking; joined him virtually.

The Bank’s Regional Manager, Territory Managers, Area Credit Managers, Business Development Managers from Chattogram, Cox’s Bazar, Rangamati and Khagrachhari attended the workshop which was held at Well Park Hotel in Chattogram April 2nd. Tasvir Ahmed, AVP; and Ariful Islam; AVP; of Green Delta Insurance, were also present.

Previously, BRAC Bank partnered with Green Delta Insurance Company Limited, Swisscontact, Embassy of Switzerland, Microinsurance Market Development Program (BMMDP/Surokkha) to launch livestock insurance services for pastoralists in rural areas. The project will help 600 farmers with a unique litter of 1,600 cattle.

To ensure the financial viability and long-term sustainability of this delicate business, BRAC Bank & Green Delta Insurance Company Limited, supported by Swisscontact earlier, organized a series of outreach programs to spread knowledge about efficient farming among breeders. The bank also organized the staff sensitization workshop in Dinajpur.

This insurance coverage will boost the country’s cattle industry and encourage more people to take up commercial farming on a larger scale, thereby creating jobs and reducing poverty.

About Keneth T. Graves

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