Regulatory Alerts2022-11-29
Added
SFD Circular No. 06: Contribution toward Prime Minister's Education Assistance Trust under Corporate Social Responsibility of Banks and FIs
Scheduled banks and financial institutions in Bangladesh are required to contribute 5% of their Corporate Social Responsibility budget, determined based on the net profit as of December 31 of the previous year, to the Prime Minister's Education Assistance Trust fund by May 30 of the current year. This contribution is intended to support the education of needy students and must be reported under the education sector in the reporting format issued via SFD Circular Letter No. 01 dated April 10, 2022.
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