NBFIs asked to submit statements on CSR

Last updated: January 11, 2012

Dhaka, Bangladesh (BBN)- The central bank has asked the non-banking financial institutions (NBFIs) to submit their statements on Corporate Social Responsibility (CSR) and report on gender equality related performance indicators on half-yearly basis.

The Bangladesh Bank (BB) has issued a circular in this connection and asked the chief executives and managing directors of all NBFIs to maintain the latest instructions properly.

The central bank said the statement and report would have to be reached to Bangladesh Bank within 30 days of each half-year end.

The circular also said banks and financial institutions are required to submit certain information regarding CSR initiatives as per the BB guidance.

BBN/SSR/AD-11Jan12-8:20 am (BST) 

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