Bangladesh Bank Training Academy Journal

Abstract

The idea of green Bankingis comparatively new in Bangladesh. This paper presents the green banking real practices and prospects in Bangladesh. The study is mainly based on secondary data that highlights the online and green financing guidelines for green banking practices as well as green banking unit. Green Banking is a new way of conducting the banking business by considering the ethical and environmental issues as well as corporate social responsibility (CSR). It is inevitable to practice greenbanking through banks because of globalization and to face the competition. Onaverage, bank allocated Tk. 657.67 million for greenbanking in 2012. Since October2012, Tk.838.4 million has been allocated to the green projects. For 2018, banks have allocated Taka101,190 million for green finance of which Taka 76,150 million has been utilized. The study concludes the green safety and security measures. Green banking is one of the major mechanisms to achieve SDGs and to be listed as a developed country.