Amid the ongoing economic turbulence and constrained money flow, Islamic banks further slashed their spending on corporate social responsibility (CSR) activities in the first quarter of 2024.
CSR expenditure by the banks during the January-March period of this calendar year reached Tk 0.85 billion — a massive decline of 34.11 per cent compared to Tk 1.29 billion spent in the previous October-December quarter of 2023, according to Bangladesh Bank (BB) data.
This latest fall follows a…
Read More…
Source: https://thefinancialexpress.com.bd/economy/csr-spending-by-islamic-banks-falls-34pc-in-q1