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BB plans to bring the disabled into banking network [ STOCK & CORPORATE ] 22/01/2015
BB plans to bring the disabled into banking network
Scheduled banks asked to allocate fund under CSR
The central bank has asked the commercial banks to allocate fund under annual corporate social responsibility (CSR) programmes to ensure banking services for physically challenged persons.

"We want to bring the physically challenged persons into our banking network through strengthening the ongoing financial inclusion programmes in Bangladesh," a senior official of the Bangladesh Bank (BB) told the FE Wednesday.

He also said the central bank has already taken various measures to ensure banking services for physically challenged persons.
Around 10 per cent of the total population in the country is physically challenged persons, the official added

The central bank issued a circular in this connection Wednesday asking the chief executive officers and managing directors of the scheduled banks to take necessary steps to implement the instructions.

 "We\'ve issued the circular in line with the guidelines on CSR, issued on December 22 last," another central banker said.

The dedicated CSR unit/foundation will propose budgetary allocations for CSR programmes annually for approval of the board of the bank/financial institution; the board will approve allocations by appropriations from annual post tax net profits, according to the guidelines.

Earlier on October 28, 2009, the central bank asked the commercial banks to assign an official as focal person of each branch to make the banking services easier for physically challenged persons.
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