Green banking is like a normal bank, which considers all the social and environmental/ecological factors with an aim to protect the environment and conserve natural resources. It is also called an ethical bank or a sustainable development for the future.

1. Stamford University Bangladesh
Submitted By
Md. Emran Hossain Sharin Azim
ID: ENV-06805219 ID: ENV-06805218
Miraz Hossain Fiza Azgar Shuha
ID: ENV-06705211 ID: Env-06805217
Submitted To
Dr-Mahmuda Parvin [Professor]
Stamford University Bangladesh
Department of Environmental science
Course Name: Geography & Environment Bangladesh
Assignment On
Green Banking in Bangladesh
Submission Date:14/12/2020

2. Green Banking In Bangladesh

3. Introduction
In Bangladesh, the Green Banking concept has
entered the public domain through the
circulation of policy guidelines by the Bangladesh
Bank. 'Green Banking Policy' (Green Banking Csrd
Circular No. 04 dated August 11, 2013) calls for
protecting the earth from possible ecological
catastrophes prompted by endless global
warming with the rising tendency of carbon
emission and further ecological pollutions, in
order to ensure the stakeholders move towards
Green Banking.

4. Green Banking
Green Banking is like a
normal bank, which
considers all the social and
environmental ecological
factors with an aim to protect
the environment and
conserve natural resources. It
is also called as an ethical
bank or a sustainable bank.
They are controlled by the
same authorities but with an
additional agenda toward
taking care of the Earth's
environment, habitats,
resources.

5.  To help safeguard the planet
from
 Unusual weather pattern
 Rising greenhouse gas
 Declining air quality
 For ensuring green economic
growth
 Economic growth which is
sustainable To meet one of the
Millennium Development Goals
 Ensure Environmental
Sustainability.
Why Need Green Banking

6. Green Loan
Mobile banking
and online
banking
Green Saving
Accounts
Green Credit
Cards
Green
Mortgages
Green Banking Product

7. Phases of Green Banking
Phase-I (Foundation)
1. Policy Formulation and Governance
2. Incorporation of Environmental Risk
3. Initiating In-house Environment Management
4. Introducing Green Finance
5. Creation of Climate Risk Fund
6. Introducing Green Marketing
7. Online Banking
8. Supporting Employee Training, Consumer Awareness And Green
Event
9. Disclosure and Reporting of Green Banking Activities

8. Phases of Green Banking
Phase-II(Intensification)
1. Sector Specific Environmental Policies
2. Green Strategic Planning
3. Setting Up Green Branches
4. Improved In-house Environment Management
5. Formulation of Bank Specific Environmental Risk
Management Plan and Guidelines
6. Rigorous Programs to Educate Clients
7. Disclosure And Reporting of Green Banking Activities

9. Phases of Green Banking
Phase-III(Diversification)
1. Designing and Introducing Innovative Products
2. Reporting in Standard Format with External Verification
3. Reporting Green Banking Practices on Quarterly Basis
4. Being Ethical and Environment Friendly
5. Bangladesh Bank’s In-house green activities
6. Comparative Analysis – i) Environmental Adoption, ii) Online
Banking,
iii) Mobile Banking, and iv) Green Financing

10. Top Ten Green Banks of Bangladesh
10. Prime Bank Limited
1. Bank Asia 2. Standard Chartered Bank
3. Dutch Bangla Bank 4. Trust Bank
5. Eastern Bank 6. Mutual Trust Bank
7. Islami Bank 8. Pubali Bank
9. Shahjalal Islami Bank

11. Green Banking unit has been established in 47 banks.
47 banks have introduced a Green Office Guide.
Environmental Risk Rating has been done for 12088 projects.
11165 rated projects have been financed.
703633.21 million taka has been disbursed.
214 branches and 161 ATM/SME unit offices are powered
By solar energy.
Major Green Banking Activities at a Glance

12. 37 banks are fully automated.
3445 branches have been facilitated with online coverage.
270921.53 million Taka has been disbursed as green finance.
258.89 million Taka has been utilized from climate risk fund.
90.42 million Taka has been utilized for green marketing,
training and development.
Major Green Banking Activities at a Glance

13.  Response of business
 Unawareness of customer
 Less priority gives to Green
Banking
 Financial barriers
 Technical barriers
 Customer support
 low performance in ATM
service
 Lac of available
advertisement
Barriers In developing of Green Banking in
Bangladesh

14. Solution
 Need to apply Green Banking and
use ERM (Enterprise Risk
Management) guideline in an
efficient manner.
 Bank should increase ATM service,
Online service and internet services.
 Apply quantitative approach for
Environmental Risk Rating.
 Bank should provide available
advertising and arrange more
seminar about green banking.
 Motivate clients by different way to
follow the policy.
 Bank should recruit green banking
specialist, who give available
information about green banking to
clients.

15. Conclusion
Though, even today the success or failure of green
banking has been analyzed for green banking is making
progress though its profit margins are far below than
the other commercial banks. Green banking requires a
paradigmatic change in thinking about economics,
business and finance. Its success would be greater if the
world governments started to revise their economic
paradigms from being 'monetary economics' to
'ecological economics' and begin to transform their
accounting principles from purely being financial into
ecological/operational energy accounting patterns.