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Bangladesh Bank advises banks to help flood victims

Bangladesh Bank advises banks to help flood victims

DHAKA: Bangladesh Bank has advised all scheduled banks to distribute relief and financial assistance among the flood-affected people in the country, especially those in the northern areas, under their corporate social responsibility activities.

The banks were asked to show such expenditure as spending in social projects or community investment sector, the central bank said in a statement yesterday. Some 6.5 lakh people of 54 upazilas in 13 districts have been affected by floods triggered by torrential rains and the release of upstream water, according to the disaster management and relief ministry. The ministry warned floods could affect five more districts Munshiganj, Manikganj, Chandpur, Shariatpur and Bhola. Between July 3 and July 11, some 4,000 tonnes of rice, Tk 1.9 crore in cash and 18,000 packets of dry food were distributed among the flood victims, said the ministry.