Brac Bank donates 5pc of CSR fund to PM’s trust

Brac Bank has contributed 5 per cent of its total corporate social responsibility (CSR) budget for 2022 to the Prime Minister's education assistance trust (EAT).

The bank handed over a cheque equivalent to Tk 11,517,754 to the PM's EAT on April 20, 2022, a press release said.

"We should thank Bangladesh Bank for this timely initiative allowing banks to contribute to building an educated nation. The trust has done remarkably well in only a few years to support the education of the underprivileged," said Selim RF Hussain, managing director of Brac Bank.

"As we continue supporting the trust, the result, in the long run, will have the upper hand in developing our country," he added.

In addition, the Prime Minister's education assistance trust is a government trust fund under the ministry of education responsible for providing scholarships to underprivileged students based on merit.

An advisory council headed by the PM manages the trust.