BB asks banks to help landslide victims

Bangladesh Bank has advised all scheduled banks to distribute relief and financial assistance among the people affected by the recent landslides in Chittagong hill tracts areas.

Banks were asked to help them under corporate social responsibility activities and show such expenditure in the balance sheet as spending in social projects or community investment sector, the banking regulator said in a statement yesterday.

As of yesterday, 150 people, including four army men, were killed in the landslide and the death toll may rise as the rescue operation has not yet come to an end.