directors' report - Dutch-Bangla Bank Limited

growth in rural areas. The branches/centers also
facilitate quick transfer of funds from home and
abroad to rural people through ATMs at free of cost.
Contribution to the national exchequer
DBBL made significant contribution to the
government in boosting its revenue collection. As
per the prevailing law of the country, the Bank
being a corporate citizen pays tax and VAT on its
own income. Besides, the Bank deducts income tax,
VAT and excise duty at source from clients,
depositors and suppliers, and deposits the same to
the national exchequer.
During the year 2010, the Bank contributed Taka
2,353.0 million to national exchequer as against
Taka 1,282.9 million in the previous year.
Social Cause
DBBL being a responsible corporate citizen of the
country has been playing a pioneering role in
implementing various social and philanthropic
programs to help disadvantaged people of the
country. Education, healthcare, human resource
development, conservation of nature, creation of
social awareness, rehabilitation of distress
humanities and such other programs to redress
human sufferings are some of the important areas
where the Bank carries out its social and
philanthropic activities.
Dutch-Bangla Bank Foundation (DBBF) was
established in 2001 for discharging dedicated
activities related to Social Cause.
In order to discharge its activities related to Social Cause programs in effective way DBBL established the Dutch-
Bangla Bank Foundation (DBBF) in 2001 in which 5% pre-tax profit of the Bank was contributed on a yearly
basis up to 2009. In addition, Bank also makes direct contribution towards highly important Social Cause
programs in the area of education, healthcare etc. DBBL contribution to Social Cause Programs was Taka 107.5
million in 2010 compared to Taka 206.0 million in 2009.
DBBL is committed to eco-friendly business
environment
DBBL complies with environmental standard while
financing industrial projects. Projects with likely
adverse impact on environment are strongly
discouraged by DBBL. We are trying to incorporate
sound environmental management process in
business operations of projects financed by us that
can ensure healthy and sustainable lives for our
future generations. DBBL introduced a guideline
demanding assessment of environmental and social
impacts of the projects to ensure that operations of
the projects would be eco-friendly.
DBBL is sponsoring social awareness programs for
protecting the environment. Environmental
degradation and depletion of natural resources are
matters of great concern in Bangladesh like
anywhere in the world. Environmental degradation
is taking place due to poverty, over population and
lack of awareness about the environment. It is
manifested by deforestation, destruction of
wetlands, depletion of soil nutrients etc. Natural
calamities like floods, cyclones and tidal bores also
result in severe socio-economic and environmental
damage. DBBL has been continuously creating
social awareness to protect the environment that is
essential for present and future generations. With
that end in view, DBBL is regularly advertising in
print and electronic media to develop an ecofriendly
society for sustainable and healthy human
life.
DEVELOPMENT IN IT INFRASTRUCTURE AND
ONLINE BANKING SERVICES
Dutch-Bangla Bank Limited owns the country's
largest ATM network comprising of 1100 ATMs at
the end of 2010. Bank's all ATMs and POS terminals
are EMV-compliant, introduced by Europay,
MasterCard and VISA jointly to protect capturing
card data. We are the first Bank in Bangladesh to
ensure such security to protect the insterest of our
valued customers. The ATM / POS network of the
DBBL accepts the following cards:
• EMV compliant chip cards of all the banks in the
world;
• Non-EMV Visa & MasterCard cards of all the banks
in the world;
• DBBL's proprietary cards (Nexus).
DBBL ATM network is accessible by many banks of
the country and abroad as well. In the month of