Green Banking: Advancement and Opportunities
KEIEI TO KEIZAI, Vol. 92, September 2012
13 Pages Posted: 20 Oct 2013
Date Written: 2012
Abstract
The objective of this paper is to discuss the contemporary green banking initiatives taken globally and more specifically in Bangladesh. North America and European regional banks were found to be forerunners in adopting green banking practices. Home mortgage, home equity loan, auto loan, credit card, etc, are common products found globally. In Bangladesh, solar home system, solar irrigation pumping station, biogas plant, effluent treatment plant, green credit card, etc. are already in the offering. Recommendations such as building awareness, incorporating green banking consideration in bank lending decisions, developing green reporting and rewarding frameworks were suggested.
Keywords: Green banking, ethical banking, sustainable banking, Bangladesh
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