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Research: Demand for CSR among Millennials

BRAC Bank Ltd

Company CSR Profile

CSR PROFILE

BRAC Bank Ltd

BRAC Bank is a private commercial bank in Bangladesh, operated by the BRAC development organisation, focused on Small and Medium Enterprises, with headquarters in Dhaka. The company’s CSR initiatives primarily focus on employee engagement and philanthropic donations.

Company Overview

Registered Name: BRAC Bank Ltd​

Industry: Banking

Founded in: July 2001

Headquarters: Dhaka, Bangladesh

Website: www.bracbank.com

Revenue: BDT 3,162 Crores

 

Operated by the BRAC development organisation, BRAC Bank was founded to reach financial services to small business owners (SMEs). BRAC Bank Ltd. primarily engages in philanthropic giving, engaging in monetary donations to either NGOs or departments under the govt. of Bangladesh.

CSR & Sustainability Overview

CSR Focal Areas: Education, Healthcare, Disaster Response.

Locations of CSR Initiatives: All over Bangladesh

Project Partners:  Govt. of Bangladesh

Sustainability Reporting Standards: None at present


BRAC Bank’s CSR activities fall under the CSR Guidelines of Bangladesh Bank Sustainable Finance Department, where it is mandatory to spread out CSR initiatives in certain approved initiatives for education, healthcare and climate change (disaster response or conservationism). The bank primarily engages in one-off donations to government relief funds under several categories. BRAC Bank hosts an annual run to raise funds called “Dour”, where the company raises funds from employees and participants, while doubling the amount raised. The donation goes to a changing roster of NGOs as per the management discretion.

CSR Activities

CSR & Sustainability Reports

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This company does not publish Annual Sustainability Reports in Bangladesh.

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