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GIVING BACK TO THE SOCIETY
OUR PHILOSOPHY
SOCIAL, ECONOMIC AND ENVIRONMENTAL FRAMEWORK
Economic: The value BRAC Bank creates for its shareholders and, more broadly, for the society, by driving inclusive economic growth and mainstreaming a large swathe of the population into formal banking, by developing and implementing more efficient ways of doing business and through supporting economic growth and development.
Environmental: The value BRAC Bank creates for the natural environment, through businesses we finance or refrain from financing, investments towards decarbonizing the economy and any other environmental degradation and by helping our customers to reduce and mitigate the impact of climate change.
OUR OBJECTIVE
KEY IMPACTS ON SGDs
SECTOR-WISE CSR 2017
ART & CULTURE
Art and culture is the identity of a country. It refines human soul and defines intellect and creativity of a society. As a Bangladeshi Bank, we promote and nurture art, culture and heritage of the country. Our passionate and continuous attachments make BRAC Bank synonymous with art and culture. [KNOW MORE]
ENVIRONMENT
Art and culture is the identity of a country. It refines human soul and defines intellect and creativity of a society. As a Bangladeshi Bank, we promote and nurture art, culture and heritage of the country. Our passionate and continuous attachments make BRAC Bank synonymous with art and culture. [KNOW MORE]
Employee Initiatives
BRAC Bank’s employees passionately contribute to the social initiatives such as the bank’s annual fundraiser marathon, flood relief programs, warm clothes distribution, blood donation etc. Employee participation in CSR adds new dimensions to the bank’s social portfolio creating a unique ownership and affiliation with the organization. Each BRAC Bank team member is an agent of change.
CSR RECOGNITION
Hong Kong-based publication Asiamoney awarded BRAC Bank the “Best Bank for CSR” in recognition of its valued-based and sustainable CSR programs.
Asiamoney notes in award citation, “As befits a bank that springs from a charity, CSR is part of BRAC Bank’s DNA”. Asiamoney notes high about support to Rohingya refugees, Adamya Medhabi Scholarships, Diabetic Hospital and flood in the greater Ganges delta
WAY FORWARD
BRAC Bank nurtures indebtedness to people and society in its inner soul. Its attachment and passion to social works go beyond periphery and definition of CSR. So, it carries out social duties with enthusiasm and spontaneity.
BRAC Bank will be doing its social responsibilities as silently as possible. It will be drawing up social program to cover more lives and areas. BRAC Bank believes in sustainability. So, it prefers to be sustainable partner for lasting impact on people and society. It thinks its investment in social projects will bring in results in the years to come. BRAC Bank will also play a role from its capacity to contribute in achieving Sustainable Development Goals (SDGs) of United Nations
BRAC Bank CSR Desk
As per Bangladesh Bank Guidelines, BRAC Bank has launched a Corporate Social Responsibility (CSR) Desk to further expand, expedite and consolidate its social responsibility activities. The Desk helps the bank put focus its on different CSR activities and ensure transparency. General people will get access to information about the bank’s CSR programs.
Anybody can send CSR proposal to BRAC Bank CSR Desk. The Desk can be contacted by calling at Tel: +88 02 9884292 Ext - 2009 at Head Office and through E-mail- [email protected]
SECTOR-WISE CSR 2017
Education
Education enlightens people and society, it is the backbone of a nation. BRAC Bank puts immense priority on education in light with the vision of the bank for an enlightened Bangladesh. The bank extend its support to education initiatives to realize potentials of students with exceptional merit and intellect. With the country’s overall growth and progress in mind, the bank spends more than 40% of its CSR budget in the education sector. The stories say it all.
Health
Healthcare is one of the important agenda in the sustainable development goals (SDGs) that have being taken by the United Nations. The health crisis is evident in countries like Bangladesh. So, BRAC Bank set top priority on health initiatives. We invest in areas where it is needed most. Together we envision a healthy Bangladesh. Following stories will tell about healthcare efforts of the bank.
ART & CULTURE
Art and culture is the identity of a country. It refines human soul and defines intellect and creativity of a society. As a Bangladeshi Bank, we promote and nurture art, culture and heritage of the country. Our passionate and consistent attachments make BRAC Bank synonymous with art and culture. Here are a few notable initiatives
Environment
BRAC Bank is a planet caring bank. Its 3P philosophy defines environmental connection of the bank. BRAC Bank promotes green banking and support green initiatives, through its social works and banking, to do something for the mother nature. BRAC Bank invests 10% of its CSR Budget in Climate Risk Mitigation & Adaptation Programs. Here are some of the initiatives:
Thu, Mar 28, 2024 10:18 AM
Currency | Buying | Selling |
---|---|---|
USD | 109.50 | 110.00 |
EUR | 118.5228 | 125.5602 |
GBP | 138.3260 | 146.5437 |
Social Welfare
BRAC Bank is a socially responsible bank. The Bank feels that it must do something for welfare of the community it works with and the society it works in. The bank comes forward for humanitarian cause with passion and affection. The welfare works are few of many social commitments that this bank fulfills.
Lifetime Support to Bir Protik Taramon Bibi
She fought on the grounds fearlessly during our 1971 liberation war. She made great contribution in war for the independence of the country which we proudly call home. She is one of the two women to have been accorded the �Bir Protik' medal as a recognition of her bravery in the liberation war of Bangladesh. Then the management of BRAC Bank decided to provide lifetime financial support to the valiant freedom fighter who unfortunately met with economic hardship in the recent times. As a socially responsible organization, BRAC Bank believes that it is the least that it could for the only living �Bir Protik� woman in Bangladesh.
Initiative for safe drinking water for the people of former enclave
BRAC Bank Limited has embarked on an initiative to provide safe drinking water for the people of the former enclaves in the border areas.
BRAC Bank has installed five tube wells in Dasaichara, Fulbari in Kurigram. BRAC Bank will also provide agriculture loan facilities to the former enclave dwellers there.
BRAC Bank has responded to the call of Bangladesh Bank for ensuring overall welfare of the people of the former enclaves by providing financial services to the unbanked people and bringing them into the banking system.
Realizing Higher Education Dream: BRAC University Scholarships
BRAC Bank is providing financial support to the meritorious but financially challenged students to help them pursue higher education at the university. Each year, 10 undergrad students avail this scholarship that covers full tuition fee and living expenses. The scholarship program will continue for four years. The scholarship helps realize the dream for higher education of the students.
Making technical education affordable: UCEP Institute of Science and Technology
BRAC Bank Limited has partnered to support UCEP Institute of Science and Technology (UIST) that provides technical education at affordable cost.
The contribution will be used to establish an E-Library for the students of the polytechnic institute at Mirpur, Dhaka. UIST Dhaka is the first polytechnic institute of UCEP Bangladesh to provide quality higher technical education to the youth of the country. Started in 2015, UIST currently provides diploma degree in Mechanical, Civil and Electrical Technology.
As a values based bank, BRAC Bank invests in CSR programs that have lasting and long term impact on people and society.
Making technical education affordable: UCEP Institute of Science and Technology
BRAC Bank Limited has partnered to support UCEP Institute of Science and Technology (UIST) that provides technical education at affordable cost.
The contribution will be used to establish an E-Library for the students of the polytechnic institute at Mirpur, Dhaka. UIST Dhaka is the first polytechnic institute of UCEP Bangladesh to provide quality higher technical education to the youth of the country. Started in 2015, UIST currently provides diploma degree in Mechanical, Civil and Electrical Technology.
As a values based bank, BRAC Bank invests in CSR programs that have lasting and long term impact on people and society.