ISSN: IJSB: 2520-4750 (Online), 2521-3040 (Print) JSR : 2708-7085 (online)

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).

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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.

 

 

 

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DOI: https://doi.org/10.5281/zenodo.7581470

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