Exim Bank's efforts to help poor, meritorious students
Tuesday, 11 August 2009
FE Report
Keeping up with its long tradition of aiding poor meritorious students with financial assistance, Exim Bank Limited, beginning from this year, is providing interest-free loan to the poor and meritorious students to help them bear their academic and other relevant expenses.
Under this programme, a fixed amount of quard or interest free loan is disbursed to the students in monthly installments till their accomplishment of the Master's degree. The selected students are required to repay only the principal amount in long-term monthly installments after they have joined any confirmed job accomplishing their education properly.
"At present, 138 poor and meritorious students from a number of reputed educational institutions like Dhaka University, Dhaka Medical College Hospital are being provided with quard," Exim Bank authority informed, adding that the expansion of this programme is still underway.
"The Exim Bank CSR activities are mainly centered round patronizing the poor and meritorious students in pursuing education as we consider investment in education as as the greatest of all and the best weapon to bring about social change", the Exim Bank authority said.
This latest Exim Bank initiative is the next in line of its mega project of providing underprivileged meritorious students with scholarships; a noble trend of which the Bank is one of the pioneers in this country.
Till to date, the decade old private commercial bank has provided scholarships to more than 1000 students coming from 150 reputed educational institutions across the country under this project.
Explaining the selection criteria of the project, Exim Bank authority said, "The students are enrolled in the programme in two levels--school level and university level. They are taken under this programme to be taken care of for their whole educational life subject to their fulfilment of the eligibility criteria," they added.
"The key criteria for receiving scholarships are brilliant academic records and financial insolvency," the Bank authority said, adding "Educational institutions are selected among the reputed ones of the country and are offered a number of scholarships for each of them".
The concerning institutional heads usually select the required number of students based on the criteria determined by the bank. Later, the scholarships are annually handed over to the students selected in this process which is due to be continued to the accomplishment of their master degree subject to their fulfilling the criteria.
Describing the success ratio of these scholarship holders, an Exim Bank official said, "In our first scholarship batch of 2006, we enrolled 34 students of classes IX and X who appeared for their SSC Examination in 2007 and 2008. 31 out of those 34 have obtained GPA-5 in their SSC Examination and have got themselves admitted in various renowned colleges like Notre Dame College, Holy Cross College, Viqarunnessa Noon School & College, Dhaka College, etc,"
"Sometimes students are selected from newspaper or TV reports, especially after SSC or HSC results each year," the Bank official informed. "However, students selected this way are regularized by the recommendation of the heads of the concerning educational institutions," he added.
Apart from its rigorous contribution to the education sector, Exim Bank also donates extensively to the distressed community during the time of natural disaster and also provides relief to the flood-affected people.
Over the time, the Bank has also financial assisted various educational institutions, hospitals and various charity organizations as well as sports or cultural initiatives the bank officials informed.
As part of its city beautification endeavor, Exim Bank has planted trees on the road-median from Bangla Motor Crossing to Hotel Sheraton Crossing of Dhaka metropolitan at a cost of Tk. 1.20 million.
The Bank has also built a foot over-bridge over Kazi Nazrul Islam Avenue at Paribagh at a cost of Tk. 150.00 million. Construction of two other foot over-bridges in the capital--one at Tejgaon and the other at Karwan Bazar is under plan.
Keeping up with its long tradition of aiding poor meritorious students with financial assistance, Exim Bank Limited, beginning from this year, is providing interest-free loan to the poor and meritorious students to help them bear their academic and other relevant expenses.
Under this programme, a fixed amount of quard or interest free loan is disbursed to the students in monthly installments till their accomplishment of the Master's degree. The selected students are required to repay only the principal amount in long-term monthly installments after they have joined any confirmed job accomplishing their education properly.
"At present, 138 poor and meritorious students from a number of reputed educational institutions like Dhaka University, Dhaka Medical College Hospital are being provided with quard," Exim Bank authority informed, adding that the expansion of this programme is still underway.
"The Exim Bank CSR activities are mainly centered round patronizing the poor and meritorious students in pursuing education as we consider investment in education as as the greatest of all and the best weapon to bring about social change", the Exim Bank authority said.
This latest Exim Bank initiative is the next in line of its mega project of providing underprivileged meritorious students with scholarships; a noble trend of which the Bank is one of the pioneers in this country.
Till to date, the decade old private commercial bank has provided scholarships to more than 1000 students coming from 150 reputed educational institutions across the country under this project.
Explaining the selection criteria of the project, Exim Bank authority said, "The students are enrolled in the programme in two levels--school level and university level. They are taken under this programme to be taken care of for their whole educational life subject to their fulfilment of the eligibility criteria," they added.
"The key criteria for receiving scholarships are brilliant academic records and financial insolvency," the Bank authority said, adding "Educational institutions are selected among the reputed ones of the country and are offered a number of scholarships for each of them".
The concerning institutional heads usually select the required number of students based on the criteria determined by the bank. Later, the scholarships are annually handed over to the students selected in this process which is due to be continued to the accomplishment of their master degree subject to their fulfilling the criteria.
Describing the success ratio of these scholarship holders, an Exim Bank official said, "In our first scholarship batch of 2006, we enrolled 34 students of classes IX and X who appeared for their SSC Examination in 2007 and 2008. 31 out of those 34 have obtained GPA-5 in their SSC Examination and have got themselves admitted in various renowned colleges like Notre Dame College, Holy Cross College, Viqarunnessa Noon School & College, Dhaka College, etc,"
"Sometimes students are selected from newspaper or TV reports, especially after SSC or HSC results each year," the Bank official informed. "However, students selected this way are regularized by the recommendation of the heads of the concerning educational institutions," he added.
Apart from its rigorous contribution to the education sector, Exim Bank also donates extensively to the distressed community during the time of natural disaster and also provides relief to the flood-affected people.
Over the time, the Bank has also financial assisted various educational institutions, hospitals and various charity organizations as well as sports or cultural initiatives the bank officials informed.
As part of its city beautification endeavor, Exim Bank has planted trees on the road-median from Bangla Motor Crossing to Hotel Sheraton Crossing of Dhaka metropolitan at a cost of Tk. 1.20 million.
The Bank has also built a foot over-bridge over Kazi Nazrul Islam Avenue at Paribagh at a cost of Tk. 150.00 million. Construction of two other foot over-bridges in the capital--one at Tejgaon and the other at Karwan Bazar is under plan.