Dhaka, Bangladesh, Jan. 21 -- Farm credit disbursement grew by 5.56 per cent in the first-half (H1) of this fiscal year (FY), 2019-20, as demand for such loan has been picked up due to seasonal effects.

Disbursement of agriculture loan rose to BDT 108.00 billion in the July-December of FY '20 from BDT102.31 billion in the same period of the previous fiscal, according to the Bangladesh Bank's (BB) latest statistics, released on Monday.

Of the BDT 108.00 billion, eight state-owned banks (SoBs) disbursed BDT 54.29 billion, and the remaining BDT 53.72 billion was disbursed by the private commercial banks (PCBs) and foreign commercial banks (FCBs).

On the other hand, the recovery of farm loans rose to BDT 115.00 billion during the period un...