The Minister of State for Finance Mojibor Rahman yesterday called for continued endeavours for realisation of outstanding industrial and bank loans from the defaulters through understanding, reports BSS.

Inaugurating a two-day annual conference of Bangladesh Shilpa Bank in the city the State Minister for Finance, however, said that there was no scope tY linger the outstanding loan cases for a long time in the name of discussion.

. Mojibor Rahman asked the bank officials to make sure that the loan money for industrial purposes are not diverted to any other sectors.

He referred to the reform programmes undertaken by the present democratic government and said we shall have to wait for some time to enjoy the fruits of these reforms. He appreciated the Shilpa Bank authorities for their devoted efforts in implementing the reform measures.

Presided over by the Mana-

glng Director of the Shilpa Bank Akmal HosSaln. the inaugural session of the conference was addressed, among others, by Chairman of the Board of Directors ATM Alam-gir, MP and General Manager (Administration) Mahmudul Karim.

The Chairman of the Board of Directors of the Bank, in his speech, said that the activities of the Shilpa Bank got an impetus following the implementation of reform measures. But such efforts are being disturbed due to unstable political situation in the country, he said. *

He pointed out that the Shilpa Bank sanctioned Taka 1288 million including a foreign exchange component of Taka 27 million during 1993-94 .financial year as against Taka 413 million in the preceding year. This has represented a rise of 212 per cent.

The bank during the same period realised Taka 694 mil lion as arrear loan against Taka 576 million fulfilling the target by 93.41 per cent.