Regulatory Alerts2021-07-12
Added
BRPD Circular Letter No. 37: Operating Special CSR Activities under Corporate Social Responsibility (CSR) of Banks To Mitigate COVID-19 Crisis
The document authorizes scheduled banks in Bangladesh to execute special Corporate Social Responsibility (CSR) activities through the Army Welfare Organization to mitigate the COVID-19 crisis, in addition to existing channels such as District Administrators, NGOs, and MFIs. Banks must maintain separate accounts for funds distributed via the Army Welfare Organization and ensure coordination with its Chairman's office. All other instructions from BRPD Circular No. 09/2021 and BRPD Circular Letter No. 29/2021 remain unchanged and effective immediately.
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