Dutch Bangla Bank Ltd (DBBL) has declared a Tk 1.0 billion scholarship project, which will cover 30,000 needy but meritorious students every year by 2016. The bank officials disclosed details of their recent corporate social responsibility (CSR) endeavour at a city hotel on Saturday,February 12,2011.

DBBL Chairman Abedur Rashid Khan said, “Creating opportunities for the deprived ones, reducing discrimination in education sector, and establishing the rights of poor people are at the core of our spirit for launching this programme.”

DBBL officials informed the media that every year the bank awards scholarships to 575 SSC and HSC students. “We have realised this number is not enough to cover all the needy students across the country, and so, we would upgrade the number to 30,000 by 2016″, Mr Khan said.

“This big project to support the country’s education sector would require a total amount of Tk 1.02 billion”, Chairman of the executive committee Sayem Ahmed said.

Board directors Zaheed Hossain Khan, Dr Irshad Kamal Khan, Dr Syed Fakhrul Ameen ,Md Fakhrul Islam and K.S. Tabrez,Managing Director of DBBL were also present on the occasion.

DBBL has decided to award financial support to 5,000 SSC and HSC students this year. According to the official data revealed by Bangladesh Bank, DBBL spent more than Tk 159 million in various CSR activities in 2009. The total expenditure stood at Tk.2080 million.

1.0 b Scholarship Project Ceremony