Islamic Bank Bangladesh Limited :

Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network ( total 286 Branches) among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia.

It is listed with Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. Authorized Capital of the Bank is Tk. 20,000.00 Million and Paid-up Capital is Tk. 14,636.28 Million having 33,686 shareholders as on 31st December 2013.

Mission

To establish Islamic Banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development in through diversified investment operations particularly in the priority sectors and less developed areas of the country. To encourage socio-economic upliftment and financial services to the loss-income community particularly in the rural areas.

Vision

Our vision is to always strive to achieve superior financial performance, be considered a leading Islamic Bank by reputation and performance.

Our goal is to establish and maintain the modern banking techniques, to ensure soundness and development of the financial system based on Islamic principles and to become the strong and efficient organization with highly motivated professional, working for the benefit of people, based upon accountability, transparency and integrity in order to ensure stability of financial systems.

We will try to encourage savings in the form of direct investment.

We will also try to encourage investment particularly in projects which are more likely to lead to higher employment.

Strategic Objectives

To ensure customers' satisfaction. To ensure welfare oriented banking. To establish a set of managerial succession and adopting technological changes to ensure

successful development of an Islamic Bank as a stable financial institution. To prioritize the clients welfare. To emerge as a healthier & stronger bank at the top of the banking sector and continue stable

positions in ratings, based on the volume of quality assets. To ensure diversification by Sector, Size, Economic purpose & geographical location wise

Investment and expansion need based Retail and SME/Women entrepreneur financing. To invest in the thrust and priority sectors of the economy. To strive hard to become a employer of choice and nurturing & developing talent in a

performance-driven culture. To pay more importance in human resources as well as financial capital. To ensure lucrative career path, attractive facilities and excellent working environment. To ensure zero tolerance on negligence in compliance issues both sharia’h and regulatory

issues. To train & develop human resources continuously & provide adequate logistics to satisfy

customers’ need. To be excellent in serving the cause of least developed community and area. To motivate team members to take the ownership of every job. To ensure developemnt of devoted and satisfied human resources. To encourage sound and pro-active future generation. To achieve global standard. To strengthen corporate culture. To ensure Corporate Social Responsibilities (CSR) through all activities. To promote using solar energy and green banking culture and ecological balancing.

Core Values

Trust in Almighty Allah Strict observance of Islamic Shari’ah Highest standard of Honesty, Integrity & Morale Welfare Banking Equity and Justice Environmental Consciousness Personalized Service Adoption of Changed Technology Proper Delegation, Transparency & Accountability

Corporate Social Responsibility of IBBL:

Corporate Social Responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/ Responsible Business) refers to the concept that “an enterprise is accountable for its impact on all relevant stakeholders. It is the continuing commitment by business to behave fairly and responsibly and contribute to economic development while improving the quality of life of the work force and their families as well as the local community and society at large”. CSR is not about philanthropy or charitable work. It is about how companies take responsibility for their actions in the world at large.

The role of business worldwide and specifically in the developed economies has evolved over the last few decades from classical ‘profit maximizing’ approach to a social responsibly approach, where businesses are not only responsible to its stockholders but also to all of its stakeholders in a broader inclusive sense. To address the social problems or the problems of the stakeholders, the business community evolved a new approach in their business strategies named CSR and through CSR enterprises are intent to strike a balance between economic and social goals, where resources are used in a rational manner and social needs are be addressed responsibly.

CSR IN ISLAMI BANK BANGLADESH LIMITED

For Islamic Financial Institutions CSR refers to all activities carried out by an Islamic Financial Institution to fulfill its religious, economic, legal, ethical and discretionary responsibilities as financials intermediaries for individuals and institutions.

To establish Islamic banking through the introduction of welfare oriented banking system Islami Bank Bangladesh Limited created a charitable fund named “Sadaqah Tahbil” (Charity Fund) on July 4, 1983, immediately after the inception. Gradually the volume of its activities increased with the passage of time and the “Sadaqah Tahbil” was renamed as “Islami Bank Foundation” on May 20, 1991. Continuing of this and to follow the instruction of Bangladesh Bank “Islami Bank Bangladesh Limited” established Corporate Social Affairs Department (CSAD) under Operations Wing on 16th July, 2009.

This report covers topics and indicators that reflect the Bank’s significant economic, environmental and social impacts or that which would substantively influence the assessments and decisions of our key stakeholders i.e. investors, employees, customers, suppliers, communities and environment.

Responsibility to the Investors:Islami Bank Bangladesh Limited has been discharging it responsibility to safeguard the interest of the shareholders in line with the objectives of the Bank by complying Shariah & Law of the land strictly, building a strong and efficient management and enhancing shareholders value & financial performance. Various announcements on price sensitive information and other disclosures are made through newspaper, website, and other media.

Responsibility to the Employees: Islami Bank Bangladesh Limited has succeeded to develop a group of highly motivated professionals, working for the benefit of the people, based upon accountability, transparency and integrity. The bank always aware of continuous development of knowledge, competencies and attitude of the employees; comfortable and modern working environment as well as justified and competitive compensation packages for them.

Relationship with the Customers:IBBL considers the customers as its partners and develops relationship through its employees as well as by organizing various programs in different occasions:

a. Bank organizes Service week/fortnight in every year.

b. All the branches organize Iftar Mahfil during the month of Ramadan every year

c. Every year the Bank distributes New Year’s souvenir - calendar, diary, card etc. among the customers.

Responsibility To The SuppliersSuppliers play a fundamental role in the Bank’s micro environment. As an essential component of overall business function, suppliers regarded as inclusive partners. The Bank develops its relationships with supplier’s organizations on the basis of value and trust.

Responsibility To The CommunityThe Bank is very much conscious regarding its responsibility towards the communities within which it operates:

(1) EducationFor promoting of education IBBL takes several regular programs. Like as:

01. Scholarship to the very poor students secured GPA 5 in SSC & HSC02. Medical College, Health Technology Institute, Nursing Training Institute, Technical Institutes03. English medium school, Bangla medium school, Girl’s madrasha04. Forqania Maqtabs (elementary religious school)05. Award to the meritorious students for outstanding results in SSC, HSC and MBA06. Mobile Library in Dhaka City.

(2) Health01. 6(six) fully owned hospitals, 7 (seven) Community Hospitals, 05 (five) Homeopathy

02. Mobile Eye Camps in rural areas

03. Circumcision Camps (Sunnat-e-Khatna) for free of cost

04. Charitable Dispensaries.

(3) Humanitarian and Disaster Relief(4) Sports, arts & culture(5) Women empowerment

Responsibility To The EnvironmentThe main theme of environmental responsibility is to create ‘No Harm’ to the environment in view to remain it healthy for future generation. IBBL, being a responsible corporation, has taken following initiatives in this regard:

1. Educating the employees in ‘Green Banking’

2. Established online connectivity with all the branches

3. Online Investment proposal

4. Employees are encouraged to efficient use of energy and thus instructed to avoid unnecessary consumption of electricity by light, fan, air condition and other electrical appliances.

5. Customers are encouraged to check their balance/statement through internet/ mobile phone/ATM machine without giving paper statement.

6. Eight Solar Panel of 2720 W capacity is installed in different offices of the Bank.

Measures taken with the community:Due to quick urbanization in the country, forest and agricultural land is becoming squeeze which hampers ecological balance severely. In view to improve ecological harmony, IBBL takes a campaign program of “one man one plant” among the employees and the customers. It observes ‘plantation week’ during the rainy season every year.

BRACK BANK LIMITED:

Corporate VisionBuilding profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting BRAC and stakeholders to build a just, enlightened, healthy democratic and poverty free Bangladesh”.

Corporate MissionSustained growth in Small & Medium Enterprise sectorContinuous low-cost deposit Growth with controlled growth in retail assets.Corporate Assets to be funded through self-liability mobilization. Growth in Assets through syndications and investment in faster growing sectors.Continuous endeavor to increase non-funded incomeKeep our debt charges at 2% to maintain a steady profitable growthAchieve efficient synergies between the bank’s branches, SME unit offices and BRAC field offices for delivery of remittance and Bank’s other products and servicesManage various lines of business in a full controlled environment with no compromise on service qualityKeep a divers, far flung team fully controlled environment with no compromise on service qualityKeep a diverse, far flung team fully motivated and driven towards materializing the bank’s vision into reality

Core ValuesOur Strength emanates from our owner - BRAC. This means, we will hold the following values and will be guided by BRAC as we do our work.

Value the fact that one is a member of the BRAC familyCreating an honest, open and enabling environmentHave a strong customer focus and build relationships based on integrity, superior service and mutual benefitStrive for profit & sound growthWork as team to serve the best interest of our ownersRelentless in pursuit of business innovation and improvementValue and respect people and make decisions based on meritBase recognition and reward on performanceResponsible, trustworthy and law-abiding in all that we do.

BRAC Bank CSR Activities

As part of 3P Philosophy – People, Planet & Profit - the mission of social work is embedded in DNA of BRAC Bank. We believe that we have a responsibility to people we work with and places we operate in. As a mission-driven bank, we prefer to work for welfare of people and society than to making profit. We maintain these values while carrying out our day-to-day business as well.

In Corporate Social Responsibility, BRAC Bank prioritizes on long term programs rather than short term ones for lasting impact on people and society. We develop partnership with long term commitment to implement CSR programs to ensure sustainable impact on communities. We support non-for-profit organization with seed money rather than one-off donation.

Currently, BRAC Bank CSR program focuses on

•Environment,

•Education,

•Health,

•Young leadership,

•Culture and heritage, and

•Community development.

Education: BRAC Bank-Prothom Alo Trust Adamya Medhabi Scholarship ‘BRAC Bank-Prothom Alo Trust Adamya Medhabi Scholarship’ was introduced in 2010 to assist meritorious student of insolvent families fulfill their pursuit of higher education. BRAC Bank would be with the students in their entire study life. With the scholarship, many students are now studying in BUET, medical, Dhaka University and other reputed institutes. A total of 224 students have so far availed the scholarship.

Health: Facilitating higher education in nursing at BSMMU BRAC Bank Limited has extended support for facilitating higher education in medical nursing at Bangabandhu Sheikh Mujib Medical University (BSMMU). This little support may go a long way for development of professional nursing in the country.

Social Welfare: Standing beside Savar victims BRAC Bank stood beside the victims and families of Savar building collapse incident. BRAC Bank has donated Tk. 1 crore to Prime Minister’s Relief Fund for rehabilitation of Savar victims. Other initiatives include blood donation, donation of one day salary by all employees, medicines for emergency treatment, assistance for emergency surgery.

Environment: Solarizing SME Unit Offices BRAC Bank continues to expand its solar power capacity as it has brought new SME Offices under the renewable energy as part of its commitment to environment. The bank has completed installation of solar panels in 149 SME Unit Offices as of in 2013. The bank is committed to bring all 400 SME Unit Offices under solar energy.

Art & Culture: BRAC Bank-Samakal Shahitya Puroshkar BRAC Bank-Samakal Shahitya Puroshkar 2012 has started for second year to inspire writers for their creative works and enrich Bangla literature. BRAC Bank Limited and Daily Samakal have teamed up to launch the literary award to inspire writers and litterateurs to further enhance treasure of Bangla literature.

Young leadership: Taking Bangladesh on top of the world Iconic summiteer Wasfia Nazreen has conquered the highest peak of Antarctica as first Bangladeshi national. As part of the fourth leg of her “Bangladesh on Seven Summits” campaign, she successfully climbed Mount Vinson of Antarctica. BRAC Bank and BRAC Bank subsidiaries along with BRAC have extended support for her expedition of the highest mountain of the South Pole.

Employee Initiative in CSR Marathon for Humanity Employees of BRAC Bank runs marathon every year to raise fund for supporting human cause. The marathon for the cause of humanity has set an example in banking industry as how a bank can reach out to less advantaged people of the society. A portion of the fund is donated to charity organization every year.

EDUCATION

224Poor students realize dreams to pursue higher study

5,000+students inspired for nation building

1,200students inspired for science education

200Students to continue study

HEALTH

300Garment workers get medical treatment

50Nurses get opportunity for higher study

ENVIRONMENT

10,000Trees saved

149SME Unit Offices solarized

SOCIAL WELFARE

8,000Employees donate 1-day’s salary for Rana Plaza victims

16,800Cold-hit people receive clothes for warmer nights

2,000Employees run for humanity

600 Employee stand up to raise voice against violence to women

10,000Readers avail library

ART & CULTURE

4.5million people inspired to book reading

40,000People find roots in classical music

BRAC Bank Limited follows the 3Ps (People, Planet and Profit) philosophy in its operation. Besides core business, the bank carries a strong emphasis on Corporate Social Responsibility-initiatives that support the people and protect the planet.To expand social activities and carry out them in a focused way, BRAC Bank has launched a CSR Desk with a dedicated team assigned for the desk.The desk initiated in line with guidelines of Bangladesh Bank, will help the bank put focus its on different CSR activities and ensure transparency. It will also help to carry out CSR jobs in an organized way. General people and prospective beneficiaries will get access to information about the bank’s CSR programs.