Report of Exim Bank

8/12/2019 Report of Exim Bank

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Introduction:

Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into

a business model. Now a day every business organization does their corporate social

responsibility for the social welfare. t has now become an integral part of business activities of

organization. !an"ing sector of !angladesh is contributing to economy hugely now a day. t has

become one of the ma#or sectors of !angladesh. $s playing a ma#or role in the economy gives

them ma#or responsibility to the society. %very ban" is practicing corporate social

responsibility on their own way. %&port mport !an" of !angladesh 'imited (% !an")* one

of the leading private commercial ban"s in the country with an e&cellent wor"ing environment

and corporate culture. n this report we will analyze the corporate social responsibility of %&im

!an" in !angladesh. +he purpose is not only to find out the CSR activities but also their

implications and effectiveness on the society. Corporate social responsibility is one of the

ma#or ,ualities for evaluating a ban".


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Chapter-1(The Report)

1.1 Objectives of the study

1.1.1 Genera Objective

'eading ob#ective of this report is to analyze the CSR activities of %&im !an" 'imited in

!angladesh.//

1.1.! "pecific Objectives

+o analyze how CSR activities help social wellbeing.

+o analyze how CSR activities improve standard of living.

+o analyze how %&im !an" perform their CSR activities.

+o analyze how %&im !an" manage fund to perform CSR activities.

+o provide some recommendations to improve the CSR activities.

1.!. #ethodoo$ies

+he nature of the report is e&ploratory and descriptive. +he re,uired information is collected from

the following sources0

1.!.1 %ri&ary data:

1rimary data is collected through ,uestionnaires from the officers of the organization.

1.!.!"econdary data:

Interna "ources: 1ublished documents of 2ebsite*$nnual Reports.

'terna "ources: !oo"s* $rticles* 3ournals* Newspaper* 2eb browsing.

1. *i&itations

4espite giving utmost effort to prepare the report* there are some limitations of the

Study. Such are as follows-

'imitation of time creates constraints to ma"e an intensive study.

Non availability of ade,uate information is one "ind of obstacle.

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Chapter-!(The Or$ani+ation)

!.1 ,rief istory

%&port mport !an" of !angladesh 'imited was established in the year 666 under the leadership

of 'ate r. Shah#ahan 7abir* +he !an" starts functioning from 8rd $ugust* 666 with its name as

!engal %&port mport !an" 'imited. 9n :th November 666* it was renamed as %&port mport

!an" of !angladesh 'imited with r. $lamgir 7abir as the ;ounder $dvisor and r. ohammad

'a"iotullah as the ;ounder anaging 4irector respectively. 9n 5


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Short +erm0 S+-8 (Aood Arade)

Registered 9ffice 0 1rinters!uilding (


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Chapter-(C"R of 'i& ,an0)

.1 Corporate "ocia Responsibiity

Social responsibility becomes an integral part of the wealth creation process - which if managed

properly should enhance the competitiveness of business and ma&imizes the value of wealth

creation to society.

Corporate Social Responsibility is the continuing commitment by business to behave ethically

and contribute to economic development while improving the ,uality of life of the wor"force and

their families as well as of the local community and society at large.

!asically* it is a concept whereby companies decide voluntarily to contribute to a better society

and a cleaner environment. $ concept whereby companies integrate social and environmental

concerns in their business operations and in their interaction with their sta"eholders on a

voluntary basis.

$t last we can say* operating a business in a manner that meets or e&ceeds the ethical* legal*

commercial and public e&pectations that society has of business.

.! Corporate "ocia Responsibiity of 'i& ,an0 *td.:

%&im !an" performs a number of CSR activities in !angladesh. +he purpose of this !an" is to

improve the society as well as the economy of !angladesh by performing better ban"ing services

and CSR activities. %very year this ban" puts at least 5E of annual profit to conduct

Corporatesocial responsibility(CSR) activities. +he following CSR activities are carried out

through %&im !an":

Dealthcare service

Scholarship program for brilliant poor student.

%ducation 1romotion Scheme(nterest free loan).

Delping people affected by natural calamities.

Delping people in slum areas.

4onation to educational institutions to setup computer lab.

!eautification of 4ha"a City.

Showing or providing prayer time in the newspaper.


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.!.1 eathcare service

$ < storied building having =*=== sft floor space at ?@= 7azi 1ara* Ro"eyaSarani*irpur*

4ha"a-5: has been hired to set up %&im !an" Dospital. +he decoration of this hospital is going

on in full swing. $ doctor has been recruited who is wor"ing as a resident director of the hospital.

9ther doctors and hospital staffs have been in the process of selection through recruitment notice

already published in the national dailies. +hey will be appointed as soon as the decoration of the

hospital is complete.

.!.! "choarship pro$ra& for briiant poor student

+his is a stipend pac"age for poor and meritorious students that ta"e care of the beneficiaries

throughout their student life. % !an" Scholarship 1rogram* launched in 5==: with : poor

and meritorious students selected from different reputed educational institutions of 4ha"a City

including Aovt. 'aboratory Digh School* Fi,arunnissa Noon School and College* 4ha"a

Gniversity* !G%+* 4ha"a edical College* etc. enrolled as many as === students from around


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.!.4 epin$ peope affected by natura caa&ities

$nother vital area of CSR activities is helping people survive natural calamities. Gnder this

welfare program* % !an" provides relief in cash and "ind for flood* fire or cyclone victims

and cold-stric"en people. +he aim of these CSR activities is to help the target group overcome

their provisional handicap and contribute to thesocio-economic growth as soon as possible.

4uring cold spells* the ban"/s foundation team goes to the northern area of the country and

distributes blan"ets and other necessaries to help them survive cold. n5==


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Chapter-4 (9indin$s of the study)

9indin$s:

%&im !an" pays more attention on CSR activities.

t performs CSR activities for economic as well as social development.

%very year this ban" puts at least 5E of annual profit to conduct Corporatesocial

responsibility (CSR) activities.

t has set up %&im !an" Dospital for health care services.

t has launched Scholarship program for brilliant poor student.

t provides interest-free loan for poor and meritorious students.

t helps people survive from natural calamities

t helps people in slum areas

t donates to educational institutions to setup computer lab.

t beautifies 4ha"a City.

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Chapter-5(Reco&&endation Concusion)

5.1 Reco&&endation:

2e would li"e to recommend the followings to improve of the CSR activities of % !an" to

help the organization to achieve competitive advantage.

+hey are as follows0

+hey can decentralize health care service.

+hey can arrange scholarship program more than === students.

+hey can build cyclone center for the people of southern part of !angladesh.

+hey can increase the amount of percentage of annual profit saved for CSR activities.

+hey can beautify not only 4ha"a city but also others cities of !angladesh.

+hey can provide fund to village schools to set up computer club.

+hey can create awareness about social responsibility among people of cities and towns.

+hey can increase consciousness about environment pollution.

+hey can arrange different programs to about bad effect of smo"ing.

+hey can provide fund for different cultural programs in a society.

+hey can ma"e employment opportunity to the educated unemployed people.

+hey can ta"e part to improve the infrastructure development such as road* bridge*

buildings etc.

+hey can assist agricultural sector to increase productivity.

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+hey can a campaign to remove ecological imbalance and encourage people to plant

more and more trees to reduce the problems.

+hey can arrange a programme to reduce gender discrimination by rising consciousness

among people.

5.! Concusion:

%&im ban" limited has always maintained their corporate social responsibility in various ways.

Corporate social responsibility disclosure has important implications for the credibility of the

capital mar"ets in transition economies. CSR is very important for our country and our economy.

CSR raise the public awareness and help to ta"e the right decision. Corporate social responsibility

depends on managerial performance as well as a consideration of social responsibility* the socio-

cultural-environmental dimension of business procedure* legal and ethical practices with a focus

on customers and other sta"eholders of an organization.

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Reference:

Corporate Social Responsibility* add0http0HHen.wi"ipedia.orgHwi"iHCorporateIsocialIresponsibility

%&im !an" CSR* add0http0HHwww.e&imban"bd.comHphpHstaticHsocial.php

http0HHwww.termpaperwarehouse.comHessay-onH1erformance-$nalysis-9n-%&im-!an"-nH

Documents

Report of Exim Bank