Laxmi Bank is fully committed towards being a responsible corporate citizen by giving back to the society, with a spirit of caring and sharing and also encouraging corporate volunteering through our people to volunteer and support local charities and community groups.

With the encouragement from the bank, the employees of Laxmi bank at their own initiative have also pooled in their resources and time toward upliftment of the Nepalese society and the creation of healthier economic and social environments through collaboration with social welfare organizations and local community.

Employees also regularly collect clothes and other items, which are placed in a special box at the bank, called “Orange Box”. The collections are then distributed to various social organizations.

Development of a more formal approach to CSR builds on a tradition in the Bank of recognizing that being a good corporate citizen goes beyond stating our business principals. And below are some examples of our activity in this area.

Women Entrepreneurship
With its objective of recognizing contribution made by women entrepreneurs and to support the cause of women empowerment, Laxmi Bank has been promoting the annual event, “Celebrating Womanhood” which is the forum for the “Woman Entrepreneur of the Year” award.

In the year 2004, the recipient of the Laxmi Women Entrepreneur Award was Ms. Binita Pradhan, the Executive Director of AVCO International Pvt. Ltd., while in the year 2003; the recipient was Ms. Hajuri Bista. Ms. Bista is the Head of H.K. Foods Product Industry, which produces various pickles and candies under the brand name, Navaras.

Health Post (Gurkha Medical Facility)
The bank provided a financial assistance for the creation of a Heath Post in Man Bhawan, Kathmandu, which was created under the initiative of the Brigade Boys Club - a club established by the family members of the Gurkha servicemen. The Heath Post shall serve the local community who are in need of quality medical care at affordable cost or even for free.

Hisef Scholarship
The bank seeks to continue with the scholarship program initiated by Hisef, which involves supporting aspirants pursuing Chartered Accountant courses.

Environment Protection
The bank believes that there is no better way to start behaving in an environmentally friendly manner than in our own workplace. We have implemented a waste management and recycling initiative across the bank. The bank encourages staff to reduce the use of paper and maximize the use of electronic communication to maximum possible. We have also reduced energy consumption through a range of measures. We recycle all the computer consumables inline with our environmental policy.

Tsunami Aid to Sri Lanka
Laxmi Bank handed over a contribution to the Sri Lankan embassy, to aid the victims of the disaster in Sri Lanka that was affected by the Tsunami that hit across South Asia in December 26, 2004.

Everest Clean Up climb
The year 2003 marked the golden jubilee of the ascend of Mount Everest. Many climbers have scaled this monumental mountain and many visited the base camp to view this magnificent mountain, and what remained behind is the pile of garbage on its trail. Laxmi Bank celebrated the golden jubilee by supporting the group involved in the Everest base camp clean up project.

Orphanage
Laxmi Bank believes the future is in the hands of the children. With this belief, the bank has actively participated and supported the initiative taken by Ms. Baljinder S. Toor for the renovation of the Toddler’s room at Bal Mandhir, the orphanage. The employees are also aggressively contributing in their own little ways to the orphanage. Conflict Victim Children, an orphanage and Early Rehabilitation Center for physically challenged children are amongst the few organization where they send relieve every month both in cash and kind.