期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2022
卷号：4
期号：2
页码：514-523
DOI：10.35629/5252-0402264314
语种：English
出版社：IJAEM JOURNAL
摘要：The emergence of green banking in the modern banking industry is not new. This study focuses on the recent developments made in green banking to private commercial banks of Bangladesh. The study also highlights the contribution made by financial institutions to promote the green economy of the country. Review of secondary data is the basis for this research where data is collected from different sources such as published annual reports of the private commercial banks, Bangladesh bank website, articles, newspaper, published journals on green banking. The obtained data is reviewed by applying descriptive statistics. The study reveals that the central bank has played a significant role in adopting green banking policy in the sector of private commercial banks. A dedicated department of the central bank issued policies and regulations to establish a green financing environment in the overall financial system of Bangladesh. Even though the country is lagging in comparison to developed economies in implementing green policies to the financial system, the private commercial banks are the forerunner to adopt this. The government also assesses the need for the development of the green economy as the country is also committed to building a sustainable economy through the initiatives of green policy.
