Bangladesh Bank Training Academy Journal

Abstract

Green Banking (GB)is banking honoring environment.Compared to the developed economies, the status of GB is not satisfactory in developing countries. The broad objective of the study is to discuss the conceptual aspects and existing literature in the context of both the developed and developing countries, and examine the implementation status of GB in Bangladesh. The study finds that all the banks of the country have formulated GB policies and have departments/cells for GB; over 41 percent bank branches have online banking facilities; about 80 percent banks have some initiatives related to financing environment friendly projects; all the banks have some sort of training arrangement for their employees. In general, banks do not publish separate reports of their green activities, however, all the banks report to Bangladesh Bank and in their annual reports. The study recommends that the challenges faced in implementing GB can be overcome by the active participation of all stakeholders.