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Green Banking Prospects in Bangladesh

Author

Listed:
  • Rahman, Md. Mustafizur

    (Rajshahi University)

  • Ahsan, Md. Ali

    (UITS)

  • Hossain, Md. Motahar

    (UITS)

  • Hoq, Meem Rafiul

    (UITS)

Abstract

Green banking is the operation of the banking activities giving especial attention upon the social, ecological and environmental factors aiming at the conservation of nature and natural resources. Banks can be green through bringing changes in six main spheres of banking activities. Those are Change in Investment Management, Change in Deposit Management, Change in House Keeping, Change in the Process of Recruitment and Development of Human Capital, Corporate Social Responsibility (CSR), and Making Consciousness Among Clients and General Mass. Such an initiation can ensure a safe residence for upcoming generation. Bangladesh Bank has already issued circulars regarding this. Banks have already been asked to make their own green banking policy. Now we only need raising voice, keeping hand over hands, thinking in positive way and working in collective manner to make this a true.

Suggested Citation

  • Rahman, Md. Mustafizur & Ahsan, Md. Ali & Hossain, Md. Motahar & Hoq, Meem Rafiul, 2013. "Green Banking Prospects in Bangladesh," Asian Business Review, Asian Business Consortium, vol. 2(2), pages 117-121.
    • Handle: RePEc:ris:asbure:0132
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    Citations

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    Cited by:

    1. Kishore Kumar & Ajai Prakash, 2020. "Managing sustainability in banking: extent of sustainable banking adaptations of banking sector in India," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(6), pages 5199-5217, August.
    2. Mousumi Sultana, 2020. "Moving Towards the Socially Responsible Banking Through Green Banking Initiative: An Investigation on IBBL," International Journal of Science and Business, IJSAB International, vol. 4(8), pages 146-153.
    3. Sabbir Hassan Chowdhury & Sanjoy Kumar Roy & Murshedul Arafin & Sifat Siddiquee, 2019. "Green HR Practices and Its Impact on Employee Work Satisfaction – A Case Study on IBBL, Bangladesh," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(3), pages 129-138, March.
    4. Fatema Khairunnessa & Diego A. Vazquez-Brust & Natalia Yakovleva, 2021. "A Review of the Recent Developments of Green Banking in Bangladesh," Sustainability, MDPI, vol. 13(4), pages 1-21, February.
    5. Mohammad MASUKUJJAMAN & Chamhuri SIWAR & Reaz MAHMUD & Syed Shah ALAM, 2015. "Banker’S Perception On Green Banking-An Empirical Study On Islamic Banks In Bangladesh," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 295-310, November.
    6. Nazia Nazeer & Saher Ali & Aliza Rind, 2022. "Using Mixed-Method to Explore Barriers and Cues to Action in Adoption of Green Banking Practices in Commercial Banks of Pakistan," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 12(4), pages 136-153.
    7. Farid Ahammad Sobhani & Amlan Haque & Shafiqur Rahman, 2021. "Socially Responsible HRM, Employee Attitude, and Bank Reputation: The Rise of CSR in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-17, March.
    8. Mukherjee, Srabanti & Datta, Biplab & Paul, Justin, 2020. "The phenomenon of purchasing second-hand products by the BOP consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 57(C).

    More about this item

    Keywords

    Green Banking; Green Policy; Green Products;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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