StanChart recognised at BT Banking Award 2021

Standards Chartered Bangladesh has recently been recognised as the Best Bank in Covid-19 initiatives and best CSR Bank in Bangladesh at the BT Banking Award 2021.

For 2021, Standard Chartered Bangladesh has announced a Tk 135 million ($1.6 million) strategic Covid-19 response action plan that supports healthcare and immediate assistance, regenerate livelihood and catalyse long-term growth, said a press release.

“Standard Chartered Bangladesh has been resolute in standing beside our communities, helping them become resilient against immediate challenges and prosper in the long-run,” said Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh.

The bank was also recognised as an international bank with the highest CSR spend in 2020 by Bangladesh Bank, the release reads.

“To meet the immediate challenges faced by our communities, Standard Chartered has been working with development sector partners to deliver aid and essentials to the communities hit hard by the pandemic and supporting frontline health services,” he added.

Ezaz further said that to enable longer-term recovery through skills development and workforce reintegration, they were working with UCEP Bangladesh in reaching economically vulnerable individuals who had lost their livelihoods due to the impact of covid-19 pandemic.

The bank’s community initiatives over the years have focused on economic empowerment of marginalised communities; bridging the gender gap; improving access to health, education and financial literacy; supporting agricultural innovation; promoting sports, arts and culture as drivers of positive social transformation; and raising awareness about climate change and environment, it said.