|Title: AN INSIGHT ON GREEN BANKING PRACTICES IN BANGLADESH: A STUDY ON COMMERCIAL BANKS|
M. S. Mia*, S.M. Mahbubur Rahman, Shahedin Alom, Ferdoushi Ahmed, and Onanong Longpichai
Green Banking is any form of banking activities that are socially responsible as well as ensure sustainable development and protect the environment. This study aims to provide evidence on green banking initiatives taken by the commercial banks in Bangladesh over the past decade. Quantitative data was collected from different secondary sources to analyze the green banking practices in Bangladesh. The findings revealed that commercial banks in Bangladesh initiated a number of green banking activities during the past few years. The green banking practices of the commercial banks eventually contributes to improve the brand image of the banking sector at national as well as international level. The study also found that there is a need to monitor the commercial banks’ budgets and utilization of budget for the purpose of green banking practices. This study might be useful for policy makers and the banking organizations in Bangladesh in understanding more about its shortcomings and opportunities in green banking practices.
|Keywords: Green banking, Practices, Commercial banks, Bangladesh.|