Atiur hails PCBs' role in protecting economy during global recession

---

FE Report
Bangladesh Bank (BB) Governor Dr Atiur Rahman Tuesday credited the local private commercial banks (PCBs) for providing the country's economy with a much needed safety cushion during the global downturn.
"One of the big reasons why Bangladesh is not much affected by the wave of the financial crisis is that our local PCBs have been able to attain and maintain their customers' confidence over the years," he said.
The BB Governor's remark came on the eve of the 10th anniversary of Exim Bank of Bangladesh Limited, one of the country's leading PCBs, celebrated at a city hotel Tuesday.
Applauding the PCBs' role in flourishing the local industries and stabilising the national economy over the last decade, Dr Atiur said, "Winning the customers' confidence is the key to success in financial sector."
Urging all the financial institutions (FIs) to take their corporate social responsibility (CSR) activities to the remotest corners of the country, he said, "From Bangladesh Bank, we are planning to publish an annual report each year that would document various CSR initiatives taken up by the FIs."
Later, he handed over the Exim Bank Scholarship cheques to two underprivileged students who have passed the SSC examination this year with GPA 5.0.