Green Banking and Its Potentiality & Practice in Bangladesh
Science Journal of Business and Management
Volume 4, Issue 2, April 2016, Pages: 28-33
Received: Feb. 9, 2016; Accepted: Mar. 9, 2016; Published: Apr. 6, 2016
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Authors
Md. Omar Faruque, Department of Finance, Jagannath University, Dhaka, Bangladesh
Md. Nurul Kabir Biplob, Department of Finance and Banking, Begum Rokeya University, Rangpur, Bangladesh
Md. Al-Amin, Department of Business Administration, Dhaka International University, Dhaka, Bangladesh
Md. Sazzad Hossain Patwary, Department of Finance and Banking, Begum Rokeya University, Rangpur, Bangladesh
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Abstract
Banks are financial institution which can play an outstanding role between sustainable economic growth and environmental protection in order to prove themselves as environment friendly and socially accountable institution. For promoting this there is nothing but “Green Banking” which is the most talked topic in the recent banking activities and responsibilities. Green Banking refers to the banking business conducted in selected area and technique that helps the reduction of carbon emission surround the world. To aid the reduction of carbon emission bank should finance green technology and pollution reducing sectors. Green finance is an integral part of Green banking that makes a great contribution to the transition to resource-efficient and low carbon industries. Green Banking is certainly a new initiative throughout the world. The leading bankers and entrepreneurs have come forward to protect human being from environmental disasters. In the context of Bangladesh, if we think about it, we will find the situation to be terrible. Our people have little awareness about environment pollution and they do not understand the severe consequences of this pollution which will create an unexpected trouble in the coming decades.
Keywords
Green Banking, Green Finance, Environment, Corporate Social Responsibility (CSR), Online Banking
To cite this article
Md. Omar Faruque, Md. Nurul Kabir Biplob, Md. Al-Amin, Md. Sazzad Hossain Patwary, Green Banking and Its Potentiality & Practice in Bangladesh, Science Journal of Business and Management. Vol. 4, No. 2, 2016, pp. 28-33. doi: 10.11648/j.sjbm.20160402.12
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
References
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