Laxmi Cares
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.
Mountain Bike Rally and Donation to Patan Hospital
A Mountain Bike rally was organized by Laxmi Cares on April 3, 2009
to contribute in children's play room (Furnish and paint, toys, books and clothes)
of pediatric ward in Patan Hospital. Laxmi Cares was able to donate NPR 100, 000/-
proceeds from Rally) to Patan hospital on the opening day of Lagankhel Branch of Laxmi Bank.
 
Saptakoshi Floods 2008
Laxmi Cares was able to donate a sum of NPR215,000 to the flood victims through
Nepal Red Cross Society.
 
Blood Donation Camp
A blood donation camp was held to mark the 6th Anniversary of Hattisar Branch &
Corporate office. The event was successfully supported by customers, friends and
family of staff members.
Visit to Home for the Aged at Banepa
To commemorate the 6th Anniversary of our Banepa branch we visited the Buddhist Home
for the Aged at Banepa and honored the senior citizens living there by gifting them
warm woolen shawls and edibles like fruits and biscuits.
Language classes to support staff
In order to encourage our support staff to improve their language skills, they are
being financed to attend English language classes through external coaching. The
purpose of this is to help them attain further skills and enhance their knowledge.
Educational scholarships to underprivileged children
This year assistance has been provided to orphaned children in the form of student
scholarships through the Nepal Army Welfare Association.
Saptakoshi Floods 2008
This year in August due to the breaking down of the Koshi
barrage huge areas of the Koshi region were swept away.
Villages were drowned and thousands displaced. In order
to raise funds to support relief causes, Laxmi Cares organized
a 'Sufi Night' to raise funds in addition to the personal
contribution by staff members and well wishers to be sent
to the flood victims along with clothes contributed by staff.
Road Safety Initiative
Staff of the Bank painting the concrete road dividers in
at various areas of the valley in visible colours to avoid
road accidents. Laxmi Bank employees volunteered for the
paint job and till date about 400 such dividers have been
painted at most key locations in Kathmandu.
Management Development Programs
Laxmi Bank has conducted a number of management development
programs for its own people as well as for executives of
partner organizations and customers. Faculty from internationally
well-known institutions like Indian Institute of Management
and XLRI were flown into Kathmandu for training and talk
programs. We believe in imparting knowledge on international
best practices to our customers and patrons with a view
to raising the quality of management know-how. Our own executives
have been engaged in sharing knowledge and expertises for
the benefit of management are banking students of universities
and institutions.
Documentary on Nepali cultures facing extinction
Lt. Col. L.B. Pun (OBE) has been kind enough to provide
an opportunity to Laxmi Bank to be a part of a mission to
research and salvage some of Nepali cultures facing extinction.
His documentary is currently under production and is slated
for release in 2006.
Sport sponsorship
The bank has been sponsoring upcoming sports personnel and
sporting events in the country, recent one being the Martyr’s
Memorial National League Football Tournament 2005 –
2006. This is a premiere league championship participated
in by all first class football clubs in the Nepal.
Blood Donation Camp
Our commitment to CSR is embedded within the overall Laxmi
Bank corporate values and organizing blood donation camp
was one such activity which not only provided us with the
forum to give back whatever little we can to the community
but also helped in fostering friendship and camaraderie
between members of the staff as well as our customers and
well wishers. Together with Nepal Red Cross Society, the
bank employees had organized “Friend & Family”
blood donation camp that coincided with the Bank’s
4th anniversary this year.
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.
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.
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.
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.
Hisef Scholarship
The bank seeks to continue with the scholarship program
initiated by Hisef, which involves supporting aspirants
pursuing Chartered Accountant courses.
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.
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.
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