Corporate Social Responsibility Practices of Banking Sector in Bangladesh: An Evaluation

Md. Shajedul Islam
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Md. Shajedul Islam: North Bengal International University, Rajshahi, Bangladesh.

International Journal of Science and Business, 2023, vol. 18, issue 1, 153-164

Abstract: The banking sector of Bangladesh has been emphasizing on corporate social responsibility for the past few years. The main reason for this position is that the banking sector seeks to maintain a balance between their activities and society through corporate social responsibility. Therefore, this study aims to analyze the corporate social responsibility activities conducted by various scheduled banks of Bangladesh such as State-owned Commercial Bank(s), State-owned Development Bank(s), Private Commercial Bank(s), and Foreign Commercial Bank(s). The study is based on secondary data taken from Bangladesh Bank publications from 2018 to 2021. From this survey, it is seen that almost every bank is engaged in corporate social responsibility activities. Among all the scheduled banks, private commercial banks contribute comparatively more money than other banks. It is further observed from this study that the banking sector of Bangladesh is mainly involved in corporate social responsibility activities through contributions in disaster management, education, health, cultural welfare, environment, infrastructure development in remote areas, income generation activities for the deprived population and others sectors.

Keywords: Corporate Social Responsibility; Bangladesh; State-owned Commercial Bank(s); State-owned Development Bank(s); Private Commercial Bank(s); Foreign Commercial Bank(s). (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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