Dhaka, Bangladesh
StanChart, BRAC team up for aid

StanChart, BRAC team up for aid

The packages containing staples and non-perishable food items will be delivered to the doorsteps of the underprivileged families, reports bdnews24.com. The bank said in a statement on Thursday that it has launched a raft of programmes and taken scores of initiatives to support underprivileged people in Bangladesh from the beginning of the COVID-19 crisis. “As a unit we are determined to go ahead implementing our programmes for the benefit of mankind and I am proud to join my 2200 colleagues in supporting our clients and communities through longer-term aid and recovery phase,” said Naser Ezaz Bijoy, Standard Chartered Bangladesh CEO. “We are attending many communities to provide their essential needs and making them aware of social distancing as we believe all’s compassion, openness and kindheartedness can help low-income and underprivileged people greatly in such a crucial time to overcome virus scare,” said Asif Saleh, BRAC’s executive director. “This initiative focuses on the demographic group that sits between the bottom of the pyramid and the middle to affluent segments. This is a group which is not a usual beneficiary of social interventions, but whose limited means have been put under severe strain by the disruptions caused by the global health crisis,” Bitopi Das Chowdhury, chief of corporate affairs, brand and marketing at Standard Chartered, said. Standard Chartered had earlier announced a broad range of support measures for its retail customers and businesses, including loan repayment holidays, fee waivers or cancellations and loan extension facilities.

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