“Green Banking practices and its present scenario in Bangladesh”
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 3
Abstract
In economic system one of the most important elements is the role of bank. Banking activities greatly influence the operation of other business firms and industries. Due to environmental issue green banking initiatives are practiced by developed countries from long ago by following the slogan “Be green, Go green”. Developing countries like Bangladesh also responding to protect environment and adopt green banking policy. This study presents the current scenario of green banking practices by examining annual report (2015-2016) of Bangladesh Bank, reports of State–Owned Commercial Banks (SCBs), State-Owned Specialized Development Banks (SDBs), Public Commercial Banks (PCBs) and Foreign Commercial Banks (FCBs), and green banking policy and guideline introduced by Bangladesh Bank. The result shows that Bangladesh is now at very early stage to implement green banking services. Public Commercial Banks (PCBs) and Foreign Commercial Banks (FCBs) are performing well than State–Owned Commercial Banks (SCBs), State-Owned Specialized Development Banks (SDBs) in providing green banking services in Bangladesh.
Authors and Affiliations
Asma Akter, Hamida Akhter
Keywords
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- DOI 10.9790/487X-2003076976.
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