Standard Chartered Bangladesh was recognised as the 'Best CSR Bank in Bangladesh' at the International Finance Awards ceremony, says a press release.
The bank was awarded by the International Finance for its commitment to empowering all members of the community and for enabling both long-term and sustainable progress, growth, and recovery.
In dealing with the pandemic, Standard Chartered Bangladesh has facilitated lasting economic and social recovery while addressing the pressing need to save lives.
To deal with immediate challenges, Standard Chartered Bangladesh worked with development sector partners to deliver aid and essentials to communities hit hard by the pandemic and to support frontline health services.
To enable longer-term recovery, the bank focused on empowering individuals through education, skills development, and workforce reintegration. Standard Chartered has also launched community initiatives centred on health, environment, and sustainability in recent months.
Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, "Standard Chartered Bangladesh is very proud to receive the award for Best CSR Bank from International Finance. We hope this will help showcase our tested initiatives to the corporate sector, so that together we can achieve thelarge-scale impact that is required to address the need of the hour."
The bank has been focusing its community support measures in the following key areas:
Donation of oxygen plants to three community hospitals with combined capacity of 1,700 litre/min, serving up to 400 patients per day; Provision of life-saving medical services for critically affected Covid-19 patients, Provision of life-sustaining food and hygiene support to 125,000 individuals in 2021; Set-up of digital classrooms in 10 locations across Bangladesh to reduce technology-based inequality in the education sector in 2022; Provision of decent employment and entrepreneurship opportunities for 1700 beneficiaries in 2021; Digitisation of processes to expedite salary disbursement for RMG workers.
The International Finance is a premium business and finance magazine published by UK's International Finance Publication Limited.
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