Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study

Masud Rana

doi:doi:10.11648/j.jfa.20160402.17

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Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study

Masud Rana

Published in Journal of Finance and Accounting (Volume 4, Issue 2)

Received: 24 March 2016 Accepted: 30 March 2016 Published: 15 April 2016

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Abstract

Rajshahi Krishi Unnayan Bank (RAKUB) plays an important role in the economic development of the Bangladesh especially for financing the farmers of the 16 districts of Rajshahi and Rangpur in Bangladesh. Agriculture remains the most important sector of Bangladeshi economy, contributing 19.6 percent to the GDP and providing employment for 63 percent of the population. A plurality of Bangladeshis earn their living from agriculture. The performance of this sector has an overwhelming impact on the overall economic development of the country. For efficient performance of this sector proper credit facilities and adequate support is essential both from government and private sector. The main objective of the study is to analyze the financial performance of Rajshahi Krishi Unnayan Bank, Bangladesh. It is observed that RAKUB is able to achieve a steady growth in terms of employees, branches, deposits, loans and advances during the period 2009-2014. Different trend equations and square of correlation coefficient (r²) have been tested for different activities of Rajshahi Krishi Unnayan Bank, Bangladesh. Finally, results are interpreted in this context and suggestions are given for improving the future performance of this bank.

Published in	Journal of Finance and Accounting (Volume 4, Issue 2)
DOI	10.11648/j.jfa.20160402.17
Page(s)	71-80
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Financial Performance, Deposit, Loan, Equity, Rajshahi Krishi Unnayan Bank, Bangladesh

References

[1]	Shah Johir Rayhan, S. M. Sohel Ahmed, and Ripon Kumar Mondal. (2011). Performance Evaluation and Competitive Analysis of State Owned Commercial Banks in Bangladesh. Research Journal of Finance and Accounting, Vol 2, No 3, 99-114.
[2]	Islam, Siddiqui, Hossain. (2014). Performance Evaluation of the Banking Sector in Bangladesh: A Comparative Analysis. Business and Economic Research, Vol. 4, No. 1, 70-106.
[3]	Md Reaz Uddin, and Jannatul Ferdous Bristy. (2014). Evaluation of Some Private Commercial Banks in Bangladesh from Performance Perspectives. International Journal of Managing Value and Supply Chains (IJMVSC) Vol. 5, No. 4, 1-17.
[4]	Suat Teker1, Dilek Teker and Oya Kent. (2011). Measuring Commercial Banks’ Performances in Turkey: A Proposed Model. Journal of Applied Finance & Banking, vol.1, no.3, 2011, 97-112.
[5]	Md. Zakir Hossain, Afjal Hossain, Dhanonjoy Kumar, Shaikh Masrick Hasan, and Md. Farijul Islam. (2012). Financial Performance Analysis of NCBs in Bangladesh. A case Study on Janata Bank Limited. Bangladesh Research Publications Journal, Vol. 7, Issue: 4, 428-436.
[6]	Tanbir Ahmed Chowdhury and Salma Chowdhury. (2011). Performance Evaluation of Agricultural Banks in Bangladesh. International Journal of Business and Management, Vol. 6, No. 4, 75-89.
[7]	B. Nimalathasan. (2008). A comparative study of financial performance of banking sector in Bangladesh – An application of CAMELS rating / Annals of University of Bucharest, Economic and Administrative Series, 141-152.
[8]	Richard S. Barr, Kory A. Killgo, Thomas F. Siems and Sheri Zimmel. (1999). Evaluating the Productive Efficiency and Performance of U.S. Commercial Banks. Managerial Finance, Vol. 28, Issue 8, 1-39.
[9]	Bishnu Pada Banik and Prahallad Chandra Das. (2013). Comparison of Financial Performance of State Owned Commercial Banks: A Case Study of Bangladesh. International Journal of Science and Research (IJSR), Vol. 2, Issue 2, 423-428.
[10]	Shah Md. Al Emran Sarker and Amitav Saha. (2011). Performance Indicators of Banking Sector in Bangladesh: A Comparative Study. ASA University Review, Vol. 5 No. 1, 21-36.
[11]	Shawgat S. Kutubi. (2011). Board of Director’s Size, Independence and Performance: An Analysis of Private Commercial Banks in Bangladeshi. World Journal of Social Sciences, Vol. 1. No. 4, 159-178.
[12]	Hossain, Abdullah and Farhana. (2012). Performance Appraisal & Promotion Practices on Private Commercial Bank in Bangladesh: A Case Study from Pubali Bank Ltd. Asian Business Review, Vol. 1, Issue 1, 49-55.
[13]	A A Rushdi. (2009). Performance Measure for the Commercial Banks in Bangladesh: An Application of Total Factor Productivity. AIUB Bus Econ Working Paper Series, No 2009-01, 1-21.
[14]	Review of Annual Report of Rajshahi Krishi Unnayan Bank of 2009-2010, 2010-2011, 2011-2012, 2012-2013, and 2013-2014.

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Masud Rana. (2016). Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. Journal of Finance and Accounting, 4(2), 71-80. https://doi.org/10.11648/j.jfa.20160402.17

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ACS Style

Masud Rana. Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. J. Finance Account. 2016, 4(2), 71-80. doi: 10.11648/j.jfa.20160402.17

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AMA Style

Masud Rana. Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. J Finance Account. 2016;4(2):71-80. doi: 10.11648/j.jfa.20160402.17

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@article{10.11648/j.jfa.20160402.17,
  author = {Masud Rana},
  title = {Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {2},
  pages = {71-80},
  doi = {10.11648/j.jfa.20160402.17},
  url = {https://doi.org/10.11648/j.jfa.20160402.17},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.17},
  abstract = {Rajshahi Krishi Unnayan Bank (RAKUB) plays an important role in the economic development of the Bangladesh especially for financing the farmers of the 16 districts of Rajshahi and Rangpur in Bangladesh. Agriculture remains the most important sector of Bangladeshi economy, contributing 19.6 percent to the GDP and providing employment for 63 percent of the population. A plurality of Bangladeshis earn their living from agriculture. The performance of this sector has an overwhelming impact on the overall economic development of the country. For efficient performance of this sector proper credit facilities and adequate support is essential both from government and private sector. The main objective of the study is to analyze the financial performance of Rajshahi Krishi Unnayan Bank, Bangladesh. It is observed that RAKUB is able to achieve a steady growth in terms of employees, branches, deposits, loans and advances during the period 2009-2014. Different trend equations and square of correlation coefficient (r2) have been tested for different activities of Rajshahi Krishi Unnayan Bank, Bangladesh. Finally, results are interpreted in this context and suggestions are given for improving the future performance of this bank.},
 year = {2016}
}

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TY - JOUR
T1 - Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study
AU - Masud Rana
Y1 - 2016/04/15
PY - 2016
N1 - https://doi.org/10.11648/j.jfa.20160402.17
DO - 10.11648/j.jfa.20160402.17
T2 - Journal of Finance and Accounting
JF - Journal of Finance and Accounting
JO - Journal of Finance and Accounting
SP - 71
EP - 80
PB - Science Publishing Group
SN - 2330-7323
UR - https://doi.org/10.11648/j.jfa.20160402.17
AB - Rajshahi Krishi Unnayan Bank (RAKUB) plays an important role in the economic development of the Bangladesh especially for financing the farmers of the 16 districts of Rajshahi and Rangpur in Bangladesh. Agriculture remains the most important sector of Bangladeshi economy, contributing 19.6 percent to the GDP and providing employment for 63 percent of the population. A plurality of Bangladeshis earn their living from agriculture. The performance of this sector has an overwhelming impact on the overall economic development of the country. For efficient performance of this sector proper credit facilities and adequate support is essential both from government and private sector. The main objective of the study is to analyze the financial performance of Rajshahi Krishi Unnayan Bank, Bangladesh. It is observed that RAKUB is able to achieve a steady growth in terms of employees, branches, deposits, loans and advances during the period 2009-2014. Different trend equations and square of correlation coefficient (r2) have been tested for different activities of Rajshahi Krishi Unnayan Bank, Bangladesh. Finally, results are interpreted in this context and suggestions are given for improving the future performance of this bank.
VL - 4
IS - 2
ER -

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Author Information

Masud Rana

Department of Business Administration, Faculty of Business Studies, Pabna University of Science and Technology, Pabna, Bangladesh

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APA Style

Masud Rana. (2016). Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. Journal of Finance and Accounting, 4(2), 71-80. https://doi.org/10.11648/j.jfa.20160402.17

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ACS Style

Masud Rana. Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. J. Finance Account. 2016, 4(2), 71-80. doi: 10.11648/j.jfa.20160402.17

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AMA Style

Masud Rana. Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study. J Finance Account. 2016;4(2):71-80. doi: 10.11648/j.jfa.20160402.17

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@article{10.11648/j.jfa.20160402.17,
  author = {Masud Rana},
  title = {Performance Evaluation of Rajshahi Krishi Unnayan Bank (RAKUB) in Bangladesh: An Exploratory Study},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {2},
  pages = {71-80},
  doi = {10.11648/j.jfa.20160402.17},
  url = {https://doi.org/10.11648/j.jfa.20160402.17},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.17},
  abstract = {Rajshahi Krishi Unnayan Bank (RAKUB) plays an important role in the economic development of the Bangladesh especially for financing the farmers of the 16 districts of Rajshahi and Rangpur in Bangladesh. Agriculture remains the most important sector of Bangladeshi economy, contributing 19.6 percent to the GDP and providing employment for 63 percent of the population. A plurality of Bangladeshis earn their living from agriculture. The performance of this sector has an overwhelming impact on the overall economic development of the country. For efficient performance of this sector proper credit facilities and adequate support is essential both from government and private sector. The main objective of the study is to analyze the financial performance of Rajshahi Krishi Unnayan Bank, Bangladesh. It is observed that RAKUB is able to achieve a steady growth in terms of employees, branches, deposits, loans and advances during the period 2009-2014. Different trend equations and square of correlation coefficient (r2) have been tested for different activities of Rajshahi Krishi Unnayan Bank, Bangladesh. Finally, results are interpreted in this context and suggestions are given for improving the future performance of this bank.},
 year = {2016}
}

Copy | Download