Corporate Social Responsibilities
Corporate social responsibility (CSR) is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. It's the integration of bussiness, operations and values, whereby the interests of all stackholders including investors, customers, employees, the community and the environment are reflected in the company's policies and actions. It can bring benefits in terms of risk management, cost savings, access to capital, customer relationships, human resource management and innovation capacity.Corporate Social Responsibility is increasingly becoming a part of good management practice, even to the extent that intitutions that risk responsible behaviour in their communities risk the chance of being "accepted" by the same community in which they take their employees, customers and suppliers.
Corporate Social Responsibility (CSR) is an integral part of Farmers Bank Ltd. culture. Though different projects we presume to contribute to the community, but our main focus is to help underprivileged children and poor pleople in Bangladesh. The Bank has always been active in social responsible projects scince the inception.The Bank spent whole money for affected people of Rana Plaza disaster which was allocated inaugural program of the Farmers Bank Ltd. at hotel Radisson. In future the Bank will spend a significant porstion of profit for CSR activities for the economic development of the country.
FBL Objectives of CSR
To support social and humantarian activities, events and charitable causes aimed at serving local communities.
To educate and provide the underprivileged sections of people through financial services.
To promote education to the deprived sections of the society.