Banks donate Tk 147.73cr to PM’s relief fund to combat coronavirus

Staff Correspondent | Published: 22:58, Apr 05,2020


The Bangladesh Association of Banks on Sunday donated Tk 147.73 crore to the Prime Minister’s Relief and Welfare Fund for purchasing medical equipment to combat the coronavirus outbreak in the country.

On behalf of the association, BAB chairman Md Nazrul Islam Mazumder handed over the money to the fund, said a BAB statement issued on the day.

The money was donated for purchasing personal protective equipment, testing kits and respiratory equipment, among other things.

Of the amount donated, National Bank contributed Tk 15 crore, the fourth generation banks contributed Tk 20 lakh each and the remaining banks contributed Tk 5 crore each.

Besides, employees of Al-Arafah Islami Bank donated their one day’s salary worth Tk 83,18,340 to the fund.

In the statement, the association also welcomed Sheikh Hasina’s announcement of a stimulus package worth Tk 72,750 crore to overcome the economic losses incurred due to the pandemic.

The association believes that the stimulus packages would help small, medium and large industries to remain in operation and thus help to sustain the pace of the country’s economic development, the statement said.

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