Brac Bank has contributed 5% of its total CSR budget for the year 2023 to the Prime Minister’s Education Assistance Trust.
The Prime Minister’s Education Assistance Trust is a trust fund managed by the Ministry of Education in Bangladesh that awards scholarships to deserving impoverished students. The Trust is run by an advisory committee with the prime minister as its chief patron.
Representatives of the bank handed over a cheque to the Prime Minister’s Education Assistance Trust on 22 June, according to a press release.
The contribution will support the government’s efforts to create a more literary country and a better Bangladesh, the bank release stated.
Selim RF Hussain, Managing Director and CEO of Brac Bank also shared his opinions at the conference. The Trust has made incredible progress in just a few years in helping the poor afford their educational pursuits.
He continued, “As we continue to support the Trust, the outcome will ultimately have the upper hand in growing our country.
A values-based bank, Brac Bank offers a variety of banking channels and comprehensive financial solutions to customers from all walks of life. Additionally, Bangladesh Bank recognized the bank as one of the top 10 most sustainable banks.
BRAC Bank contributes 5% of its CSR to PM Education Assistant Trust
Dhaka, Monday, July 17, 2023:BRAC Bank has contributed 5% of its total CSR budget for the year 2023 to the Prime Minister’s Education Assistance Trust.
The Prime Minister’s Education Assistance Trust is a trust fund managed by the Ministry of Education in Bangladesh that awards scholarships to deserving impoverished students. The Trust is run by an advisory committee with the prime minister as its chief patron.
The contribution will support the government’s efforts to create a more literary country and a better Bangladesh.
Representatives of the bank handed over a cheque to the Prime Minister’s Education Assistance Trust on June 22, 2023.
“We should thank Bangladesh Bank for this timely initiative allowing banks to contribute to building an educated nation,” stated Selim R. F. Hussain, Managing Director and CEO of BRAC Bank. The Trust has made incredible progress in just a few years in helping the poor afford their educational pursuits.
He continued, “As we continue to support the Trust, the outcome will ultimately have the upper hand in growing our country.
A values-based bank, BRAC Bank offers a variety of banking channels and comprehensive financial solutions to customers from all walks of life. Additionally, Bangladesh Bank recognized the bank as one of the top 10 most sustainable banks.
For media inquiries, please contact:
Mohammad Abdur Rahim
BRAC Bank Limited
E: rahim@bracbank.com
T: +88 01730704702
About BRAC Bank Limited:
BRAC Bank Limited traded as ‘BRACBANK’ on Dhaka Stock Exchange has been one of the country’s fastest-growing banks since its inception in 2001 with a particular focus on the SME segment. With 187 branches, 30 sub- branches, 330 ATMs, 456 SME Unit Offices, 1,000 Agent Banking Outlets and a diverse workforce of more than 8,000 people BRAC Bank also serves customers across the Corporate and Retail segments. The bank has generated particularly strong financial performance over the past five years and now leads the industry in most of the financial metrics. With more than 1.4 million customers the bank has already proved to be the largest collateral-free SME financier in just 22 years of its operation in Bangladesh and continues to serve as a benchmark for governance, transparency and compliance in the banking sector.
