DOS Circular Letter No. 07: Mainstreaming Corporate Social Responsibility (CSR) in banks in Bangladesh

website: www.bangladesh-bank.org www.bangladeshbank.org.bd Department of Off-site Supervision Bangladesh Bank Head Office Dhaka

DOS Circular Letter No. 07 Date: 15 July, 2010 Chief Executives/Managing Director All Scheduled Banks in Bangladesh Dear Sir,

Mainstreaming Corporate Social Responsibility (CSR) in banks in Bangladesh For the purpose of monitoring CSR adoption and CSR performance of banks in terms of BB guidance issued in June 2008, banks are required to submit certain information regarding CSR initiatives. You are, therefore, requested to submit a half-yearly statement on CSR as per enclosed format. The statement should reach Bangladesh Bank within 30 days of each half-year end. Accordingly, first statement as of 30 June, 2010 is to be submitted within July 31, 2010. Please acknowledge receipt. Enclosure: As stated. Yours sincerely, Sd/- (Sultan Ahmed) General Manager Phone: 7120376

Statement on Corporate Social Responsibility Initiatives Name of Bank: For the Period……. A. Organization:

1. Please provide a short description of the initiatives of institutionalizing corporate governance framework for the purpose of safeguarding the interests of shareholders and adding value to customers, shareholders, partners and employees, alike.
2. Provide a short description on the initiatives towards providing a modern, healthy and safe workplace and on the development and improvement of employee’s competencies and skills, creating a learning and development environment.
3. Provide a short description of the actions taken to reduce the bank’s adverse impact on environment as a result of its operation and business activity. B. Market Environment:
4. Provide a short description of the engagement with borrowers in scrutiny of the environmental and social impacts of their proposed undertakings and disseminating valuable environmental know-how to customers, associates and suppliers, as well. C. Financial inclusion: Description of initiatives Amount of Investment (Taka in crore) No. of beneficiaries i. Self-employment credit and SME lending programs, taken up solo or in association with locally active Micro Finance Institutions (MFIs), designed to create productive new on-farm /off-farm employment.

ii. Financing programs for installation of biomass processing plants, solar panels in rural households, for waste recycling plants in locations populated by urban poor and for Effluent Treatment Plants (ETPs) in manufacturing establishments.

iii. Mobile phone based/ local MFI outlet supported programs promptly delivering remittances from migrant workers to recipients in remote rural households; programs for card based/ mobile phone based delivery of financial services to such households;

iv. Financing programs supporting folk crafts, folk musical and performing arts, aimed at promoting domestic tourism and markets in cultural products/events besides income and employment for the population groups involved.

Contd/pg-2

-2- D. Social projects: Description of initiatives Amount of Expenditure (Taka in crore) No. of beneficiaries Direct social interventions conducted by the bank, both as occasional/remedial measures or sustainable/continuous projects.

i. Education ii. Health iii. Disaster Management iv. Environment v. Sports vi. Art & Culture vii. Others E. Community investment: Description of initiatives Amount of Expenditure (Taka in crore) No. of beneficiaries Supplementing initiatives of Civil Society Organizations (CSOs), NGOs and institutions involved in social and environmental improvement including:

i. Education ii. Health iii. Disaster Management iv. Environment v. Sports vi. Art & Culture vii. Others

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Authorized Signature Name, Designation