Research
Corporate Social Responsibility in the Banking Sector of Bangladesh: A Case Study on AB Bank Limited
The aim of our article is to scrutinize the practices of corporate social responsibility (CSR) of AB Bank in Bangladesh as well as give some suggestions based on findings. The study found that total CSR expenditure of AB bank has been increasing over the years but the growth rate of total CSR expenditure is seen decreasing trend. The study also found that growth rate of CSR expenditure on education and environment sector decreased in 2013 compared to the previous years. So for the wellbeing of the society CSR expenditure of AB Bank should increase much more. This study further found that the CSR practices of Bangladesh are confined within some selected sectors. Therefore this study suggests some possible areas should be considered for CSR activities. This Study further suggests that a proper guideline by Government regarding CSR contribution, involvement of large corporation in CSR activities and mandating CSR disclosures in the annual report will fulfill the intended goals of the corporate organizations and also ensure a successful and sustainable development of the society.
Dynamics of Remittance in Bangladesh: A Case Study on United Commercial Bank (UCB)
The aim of this paper is to evaluate the inward as well as outward remittance performance of United Commercial Bank (UCB), Bangladesh. The study exposes that the inward and outward remittance of UCB has been increasing over the years i.e. from 2007 to 2013. In 2013, the highest inward remittances come through Xpress money among the leading five products (Xpress money, Western Union, NEC Italy, Money gram and Modern Exchange). In 2013, the remittance inflow has decreased compared to 2012 from Soudi Arabia, Libya and United States of America while remittance in flow has increased from Malaysia, United Kingdom, Italy, Kuwait and Qatar. The rate of growth of inward remittance of UCB has dropped after 2010, although in 2013, it increased a little bit compared to 2011 and 2012. While growth rate of outward remittance showed an erratic trend form 2010 to 2013. Based on the findings it can be said that UCB should introduce new inward remittance product as well as it should arrange seminar and symposium to introduce the cost and benefits of their remittance products in home and abroad which may increase the remittance flow from different countries and this will ultimately benefit the county’s economy.
