Bangladesh Bank (BB) governor Fazle Kabir has urged the commercial banks of the country for further focusing on corporate social responsibility (CSR) to contribute in building human resources.
The BB governor was addressing a student’s scholarships distributing programme arranged by Al-Arafah Islami Bank Limited (AIBL) at Officer’s Club in the capital on Saturday.
He said the country, which recently became eligible to graduate from LDC (least developed country) status, needs to overcome too many social and economic challenges for successful transition in the next 6 years.
Suggesting financial institutions (FIs) for coming out of the normal banking activities, he said income earnings or capital raise for development works will not enough for achieving the goal.
“We have to spend more for social causes because programmes like scholarship will help build human resources to cope with the challenges ahead,” the central bank governor said.
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