3.8 Social and Environmental Improvement

The banks had significant community investments by way of donations to initiatives of Civil Society Organizations (CSOs), NGOs and institutions involved in health, education and culture; for social and environmental improvement including nutrition, health and education in the disadvantaged population segments. The following table shows participation of banks in various areas of community development:

Table 4: Community investment for social & environmental improvement

Compliance issue

SCBs

(4 Nos.)

DFIs

(5 Nos.)

PCBs

(30 Nos.)

FCBs

(9 Nos.)

Banks having community investments by way of donations to CSOs, NGOs or others

3

2

30

8

1. Education

3

2

22

5

2. Health

1

3

25

4

3. Disaster relief

3

2

5

8

4. Sports

3

1

14

3

5. Art and Culture

2

1

6

4

6. Environment

0

O

4

1

7. Others

2

1

16

3


It was observed that, Education and Health were the more popular area of participation by the banks in community development. A total of 3 SCBs, 2 DFIs, 22 PCBs and 5 FCBs have made donations to various educational institutions for their cause. In the health sector, 1 SCB, 3 DFIs, 25 PCBs and 4 FCBs patronized a number of health care organizations by way of financial support to them. Disaster Relief also received due attention as 3 SCBs, 2 DFIs, 25 PCBs and 8 FCBs have provided donations to Relief and Rehabilitation Programs for the people affected in different natural calamities.

On the other hand, as shown in the following table, only 12 banks out of 30 PCBs and 3 banks out of 9 FCBs have conducted direct social interventions, both as sustainable/continuous projects or occasional/remedial measures. These banks actually tried to enrich economic and social indicators of the society by way of reducing poverty, giving standard health care service, proper nutrition, and ensuring environment friendly society for the present and future generation. However, none of the SCBs or DFIs conducted any direct social interventions. The following areas were covered by the banks that had direct social intervention programs:

1.    Having considered education as a tool for social change, 8 PCBs and 1 FCB have chalked out programs with a view to remove the access barrier of some of many economic hardship-hit estimable students to their desired level of education by providing scholarship, fellowship, infrastructural development, etc.

2.    Since a large number of poor people in our country are deprived of the opportunity to cure their health problem, 4 PCBs and 2 FCBs have established permanent health projects to reduce their sufferings.

3.    Bangladesh lies in a natural calamity-prone area where floods, cyclones and other natural calamities often occur. Some Banks have always been at the service of the people afflicted by the natural calamities. 5 PCBs and 1 FCB have taken direct steps to provide aid and rehabilitation program they considered necessary to the group of people affected in different natural disaster.

4.    1 PCB and 1 FCB have some projects covering Art & culture aspects.

5.    1 PCB and 1 FCB have environmental project to combat the devastating effects of environmental changes for