Dhaka, March 27 -- Banks' spending in Corporate Social Responsibility (CSR) has decreased by 18 percent to Tk 924.32 crore in 2023, compared to the previous year.

Bangladesh Bank (BB) report on CSR of 2023 released on Wednesday saw that banks spent Tk 924.32 crore in 2023, which was Tk 1129 crore in 2022. It shows that banks' spending in the CSR sector decreased by 18 percent or Tk 204.67 compared with the previous year.

According to the report, the highest expenditure in 2023 was in the health sector followed by education and environment and climate change issues.

According to the BB guidelines, 30 percent of the total CSR expenditure of banks and financial institutions should be spent on education, 30 percent on health, and 20 percen...