Preview

Four basic models of the BGS relationship

Good Essays
Open Document
Open Document
1863 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Four basic models of the BGS relationship
Executive summary

Dutch-Bangla Bank Ltd is a commercial bank of Bangladesh. The Bank was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh with the primary objective to carry on all kinds of banking business in Bangladesh. It is one of the fast growing leading online banks in private sector. This is a descriptive report on Dutch-Bangla Bank Ltd. that mentions the activities of General Banking, On-line banking and corporate social responsibility (CSR) of the bank.

The bank is established jointly by local Bangladeshi parties spearheaded by M Sahabuddin Ahmed (Founder & Chairman) and the Dutch company FMO.

This report’s objective is to find out more information about CSR of Dutch-Bangla Bank Limited.
I hope that my report on CSR of Dutch-Bangla Bank Limited would be a summarized view of CSR activities of Dutch-Bangla Bank.

1. INTRODUCTION

Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.
The term "corporate social responsibility" came in to common use in the late 1960s and early 1970s. ISO 26000 is the recognized international standard for CSR (currently a Draft International Standard).

Figure 1: Where big corporations spending CSR resources
The banking sector of Bangladesh has a long history of involvement in benevolent activities like donations to different charitable organizations, to poor people and religious institutions, city beautification and improving art



Bibliography: www.dbbl.com www.wikipedia.com/dutchbanglabank www.ssupport.com www.google.com www.bangladeshbank.org Daily Newspapers

You May Also Find These Documents Helpful

  • Good Essays

    Corporate social responsibility (CSR) is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.…

    • 949 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Corporate Social Responsibility ( SCR) is a gathering of norms and rules following which a company should act and perform its business activities in a respectful way not only for a corporation’s bottom line but also for its shareholders ( employees, customers, communities)…

    • 1725 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    2. DEFINITION, DEVELOPMENT AND FORMATION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND GLOBAL REPORTING INITIATIVE (GRI)…

    • 1991 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The definition of corporates social responsibility (CSR) previously given by the commission of Europe was: *Company’s concept of incorporating the social and environmental preoccupation in their business running and also in their interference with their stakeholders willingly *.…

    • 2412 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Corporate social responsibility (CSR) is a concept whereby organizations consider the needs of all stakeholders when making decisions. CSR extends beyond legal compliance to include voluntary actions that satisfy stakeholder expectations.…

    • 1008 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a business model.…

    • 2769 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    The term 'corporate social responsibility' was originally coined in the 1930s by Harvard professors A.A. Berle and C.G. Means. Although this historical fact is a clue to its meaning, the term has undergone a number of shifts in usage since then.…

    • 2548 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The writer attempted to highlight the benefits and limitations of CSR, the challenges facing its implementation particularly in poorer communities that do not enjoy a good relationship with their local corporate industry due to the absence of strong state socio-economic agencies, poor legislation, and access to NGOs amongst other things.…

    • 1372 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    I have selected City Bank because it has been one of the leading banks in the banking industry of Bangladesh. It has always given priority to its customers and has served them with various customized products & services. It has also shown commitments on a consistent basis through different part of the society as a CSR activity. Thus, I have decided to choose City Bank as our subject of concern.…

    • 10951 Words
    • 44 Pages
    Good Essays
  • Powerful Essays

    Building a profitable and socially responsible financial institution focused on Markets and Business with growth potential, thereby assisting BRAC and stakeholders build a enlightened, healthy, democratic and poverty free Bangladesh".…

    • 4381 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    When Bangladesh came into existence on the 16th December, 1971, the banking sector of Bangladesh was in a total disarray. With the exception of two local banks incorporated in then East Pakistan, all the bigger local banks became inoperational.. Starting with such a humble condition, the Banking Sector of Bangladesh has grown to a great extent.…

    • 6815 Words
    • 28 Pages
    Powerful Essays
  • Satisfactory Essays

    Brac Bank History

    • 417 Words
    • 2 Pages

    a scheduled commercial Bank, commenced its business operation in Dhaka, Bangladesh on 4 July 2001. The Bank is mainly owned by the largest NGO in Bangladesh – BRAC. The Bank has positioned itself as anew generation Bank with a focus to meet diverse financial needs of a growing and developing economy. The Bank has embarked with an acknowledged policy to promote broad based participation in the Bangladesh economy through the provision of high quality banking service based on latest information technology. The Bank will ensure this by increasing access to economic opportunities for all individuals and businesses in Bangladesh with a special focus on currently underserved enterprises and house holds across the rural-urban spectrum. They believe that increasing the ability of underserved individuals and enterprises to build their asset base and access market opportunities will increase the economic well being for all Bangladeshis…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Modern banking system plays a vital role for a nation’s economic development. Over the last few years, the banking world has been undergoing many changes due to deregulation, technological innovations, globalization etc. These changes also made revolutionary changes of a country’s economy. Present world is changing rapidly to face the challenge of competitive free market economy. It is well recognized that there is an urgent need for better-qualified management and better-trained staff in the dynamic global financial market. Bangladesh is no exceptions of this trend. Banking Sector in Bangladesh is facing challenges from different angles though its prospect is bright in the future. Since banking industry is a highly service oriented industry, its overall success depends on the customers’ satisfaction regarding its service and perceived image of the banking services. So, no matter how good the bank’s management or employees are, if it cannot create a good image in the minds of the customers and cannot maintain its standards as promised, and then it won’t be able to increase its market share and loyalty among customers. Uttara Bank Limited is always ready to maintain the highest quality of service by upgrading banking technology prudence in managing and applying high standard of business ethics through its established commitment and heritage. Objectives of a private institution like IBBL are to maximize profit through optimum utilization of resources by providing best customer service.…

    • 10196 Words
    • 41 Pages
    Powerful Essays
  • Powerful Essays

    Business firms conduct activities to produce goods and services to generate profits. Obviously these activities greatly affect our society. Thus, social responsibility is the awareness that business activities have an impact on society and considering of that impact by firms in decision making…

    • 4883 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    Mission Statement

    • 654 Words
    • 3 Pages

    Mission of this organization is to provide service to our clients with the help of a skilled and dedicated workforce whose creative talents, innovative actions and competitive edge make our position unique in giving quality service to all institutions and individuals that we care for We are committed to the welfare and economic prosperity of the people and the community, for we derive from them our inspiration and drive for onward progress to prosperity. We want to be the leader among banks in Bangladesh and make our indelible mark as an active partner in regional banking operating beyond the national boundary in an intensely competitive and complex financial and business environment; we particularly focus on growth and profitability of all concerned.…

    • 654 Words
    • 3 Pages
    Satisfactory Essays