Business

StanChart wins ‘Best CSR Bank’ award


Published : 23 May 2022 08:04 PM

Standard Chartered Bangladesh recently won “Best CSR Bank” in Bangladesh at the International Finance Awards.

The Bank was recognised by 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 Bangladesh has also launched community initiatives centred on health, environment, and sustainability in recent months.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladeshsaid, “The onset of the COVID-19 pandemic highlighted the need for a multi-pronged approach, addressing both the short-term needs and long-term aspirations of our communities. The employment and entrepreneurship opportunities launched by Standard Chartered Bangladesh are geared to future-fit individuals facing an evolving work environment.” 

The Bank has been focusing its community support measures in the areas include 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.

All selections were made by members of the International Finance jury. The selection process assesses candidates based on category-specific criteria.