Corporate Social Responsibility Practices of Banking Sector in Bangladesh: An Evaluation
Author (s)
Md. Shajedul Islam
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).
| Title: | Corporate Social Responsibility Practices of Banking Sector in Bangladesh: An Evaluation |
|---|---|
| Author: | Md. Shajedul Islam |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.7581470 |
| Media: | Online |
| Volume: | 18 |
| Issue: | 1 |
| Issue publication (Year): | 2023 |
| Acceptance Date: | 26/01/2023 |
| Date of Publication: | 29/01/2023 |
| PDF URL: | https://ijsab.com/wp-content/uploads/2033.pdf |
| Free download: | Available |
| Page: | 153-164 |
| First Page: | 153 |
| Last Page: | 164 |
| Paper Type: | Research paper |
| Current Status: | Published |
Cite This Article:
Md. Shajedul Islam (2023). Corporate Social Responsibility Practices of Banking Sector in Bangladesh: An Evaluation. International Journal of Science and Business, 18(1), 153-164. doi: https://doi.org/10.5281/zenodo.7581470
Retrieved from https://ijsab.com/wp-content/uploads/2033.pdf
About Author (s)
Md. Shajedul Islam, Assistant Professor, North Bengal International University, Rajshahi, Bangladesh.
DOI: https://doi.org/10.5281/zenodo.7581470