Bangladesh's Bank Asia and Khulna University Sign MoU To Improve Agricultural Productivity

On March 5, Bank Asia Limited and Khulna University signed a memorandum of understanding (MoU) to boost productivity in the country's agricultural sector.

According to a press release, Bank Asia SEVP Tahmidur Rashid signed the MoU at an event on the university campus with Khulna University Treasurer Professor Amit Roy Chowdhury as part of the bank's corporate social responsibility (CSR) activities.

Bank Asia has agreed to support Khulna University's research project titled "Introducing novel crop residue management approach for improving soil structure and crop productivity in Bangladesh's coastal saline soils."

The university's Soil, Water, and Environment discipline has undertaken the research project in order to increase agricultural production in the country.

Adil Chowdhury, President & Managing Director of Bank Asia; Prof Mahmood Hossain, PhD, Vice-Chancellor of Khulna University; and other high-ranking officials from both organisations were present at the MoU signing ceremony.

Bank Asia Limited is a Bangladeshi private commercial bank. The bank's President and Managing Director is Areef Billah Adil Chowdhury. Bank Asia Limited is chaired by Romo Rouf Chowdhury, chairman of Rancon Group.