Corporate Social Responsibility

As a responsible corporate citizen of the country, the Bank has been involved in contributing to the society in various ways as a part of its Corporate Social Responsibility (CSR). To promote and focus on CSR activities the Bank has established a charitable foundation called NIC ASIA Foundation. The Bank has committed to pledge 1% of its net profit every year to the NIC ASIA Foundation for promoting various CSR related activities. In the past, the NIC ASIA Foundation has carried out various activities including, but not limited to, distributing disaster relief packages to the victims of various disasters, contributing to the Prime Minister Relief Fund, organizing health camps, organizing blood donation camps, providing support to old age homes and orphanages, providing scholarships to the needy students, etc. A significant number of people have been benefitted, directly or indirectly, by the activities carried out by the Foundation. The Foundation plans to continue the same in the future as well.