HSBC Bangladesh has committed to support the recovery and rehabilitation of communities affected by the recent flash floods in Chittagong.
Through a philanthropic support of Tk10 crore, the bank aims to help vulnerable flood-affected households rebuild their homes, restore livelihoods, rehabilitate schools, and improve access to safe water and sanitation.
Triggered by persistent heavy rainfall and upstream runoff, the recent floods caused widespread flash flooding, landslides, and prolonged waterlogging across 10 severely impacted districts, affecting more than 1.04 million people.
The disaster damaged thousands of homes, schools, sanitation facilities, water sources, and agricultural lands, leaving many families in urgent need of long-term recovery support.
To help communities rebuild their lives, HSBC Bangladesh is providing financial support to Brac to implement a seven-month recovery and rehabilitation program comprising six months of field implementation followed by one month of project reporting and close-out.
This humanitarian assistance will target the worst-affected areas focusing on three key areas: schools, households and livelihood; particularly in Ward no. 38 in Chattogram City Corporation, Satkania and Banshkhali Upazilas in Chittagong and Chakaria Upazila in Cox's Bazar.
Marking this recovery and rehabilitation initiative, an event was organized at the Chittagong Circuit House on August 30.
The event was graced by Finance Minister Amir Khasru Mahmud Chowdhury as chief guest, Swarup Kumar Chowdhury, director, Bangladesh Bank, Md Ziauddin, commissioner, Chittagong Division, and Mohammad Zahidul Islam Miah, deputy commissioner (DC) and district magistrate of Chittagong as special guest.
Md Mahbub ur Rahman, chief executive officer, HSBC Bangladesh and Md Liakath Ali, director, Disaster Risk Management Program (DRMP), Climate & Environmental Innovation Program (CEIP), Brac, also spoke on the occasion.
The initiative will repair and rehabilitate 50 flood-damaged schools, distribute learning materials, repair and reconstruct 250 flood-damaged houses, repair and reconstruct 400 damaged household latrines and repair and rehabilitate 30 damaged tube wells.
The project will also support to provide livelihood restoration support to 300 of the most vulnerable households and provide need-based agricultural inputs to 600 of the most vulnerable farming households.
Md Mahbub ur Rahman, CEO, HSBC Bangladesh, said: “At HSBC, our responsibility goes beyond business to uplift the communities we serve. Through our partnership with Brac, we are investing in homes, livelihoods, and critical services to help families recover and build lasting resilience against climate challenges”.
Md Liakath Ali, director, Disaster Risk Management Program (DRMP), Climate & Environmental Innovation Program (CEIP), Brac, said: “Beyond immediate relief, it is equally important to support affected families in rebuilding their lives and livelihoods while strengthening their capacity and resilience to future disasters. Through this project, we have undertaken initiatives to support flood-affected communities in the Chittagong region in restoring their homes, access to safe water and sanitation, livelihoods, and education-related infrastructure.”
The seven-month recovery program will prioritize women-headed households, families with persons with disabilities, older persons, pregnant and lactating women, and other vulnerable groups.
This initiative aims to support communities through long-term climate resilient solutions and sustainable development through impactful partnerships.
