Abstract
While the traditional banking mostly focused only on the economic
10 motive, the Green Banking (GB) highlighted on economic, social and
11 environmental motives simultaneously. From the realization of green
12 banking practice, Bangladesh Bank (BB) took several initiatives in favor
13 of green banking, particularly BB issued a GB Policy Guideline in
14 February 2011 towards banks to protect environmental degradation and
15 maintain sustainable banking practices. As per circular of BB, most of
16 banks practiced according to their GB guidelines under three phases by
17 December 2013. This paper aims to know GB practices of some selected
18 scheduled banks of Bangladesh. Based on primary as well as secondary
19 data on five sample banks, most of the sample banks were found in top
20 ten banks as declared by BB, but each sample bank was not found active
21 in all areas of GB. This study recommends for positive attitude toward
22 green banking, strong coordination among stakeholders, developing
23 environmental governance within the bank, environmental awareness
24 among employees and clients, viable production technology, automation
25 of banks, uniform reporting of banks and proper feedback to
26 practitioners etc. Finally, this study will carry an enormous value to
27 academicians, bankers, policymakers and environmentalists etc.
Mohammed Syedul Islam. (2014) Green Banking in Bangladesh: How Much Implemented by the 2 Practitioners?, Abasyn Journal of Social Sciences, Volume-07, Issue-2.
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