Preview

Green Banking

Powerful Essays
Open Document
Open Document
3835 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Green Banking
An Executive Development Program on 'Green Banking Initiative: Opportunities for Bangladesh' was organized by Islami Bank Bangladesh Ltd (IBBL) on September 28,2010 at the Mohammad Younus Auditorium of Islami Bank Tower in the city. Presided over by Mohammad Abdul Mannan, Managing Director of the Bank, Prof Dr Bandana Saha, Director General of Bangladesh Institute of Bank Management (BIBM) was present in the program as Chief Guest. The key discussion was presented by Dr Shah Md Ahsan Habib, Associate Prof and Director (Training) of BIBM. The function was attended among others by Md Habibur Rahman and Md Setaur Rahman, Deputy Managing Directors, Nurul Islam Khalifa, Executive Vice President and Director General of Islami Bank Training and Research Academy (IBTRA), top executives, Incumbents of Dhaka City branches of the Bank.

Professor Dr Bandana Saha in her speech as Chief Gust called upon the Banks to play pioneer role in planning, evaluation and implementation of sustainable development. She praised Islami Bank for taking initiatives to create awareness on Green Banking at different tyre of employees.

>Mohammad Abdul Mannan in his Presidential Speech said that the idea of Green Banking is quite similar to the goals and objectives of Islami Bank. Since the very inception of the Bank, IBBL has been conducting diversified investment in financial upliftment of the deprived and downtrodden class of the society and development of the economy of the country as a whole for attaining welfare instead of manipulating profit. IBBL has been working as a partner of Green Banking initiative by investing in environment friendly projects and giving priority on social welfare in industrial investments.

Dr. Shah Md. Ahsan Habib in his keynote-paper focused and discussed on theoretical perspective and its multi dimension, worldwide diversified initiatives and its relevance and application in Bangladesh

Green banking is like a normal bank, which considers all the social

You May Also Find These Documents Helpful

  • Powerful Essays

    Abdul Kader, M. R. (2002), ‘The Operation of Islamic Banking Master Plan’, Experts Meeting on Towards 20 percent Market Share, Bank Negara Malaysia Strategy, Kuala Lumpur.…

    • 5176 Words
    • 21 Pages
    Powerful Essays
  • Best Essays

    Bangladesh Health Condition

    • 3219 Words
    • 13 Pages

    Bangladesh has made great strides in improving the health of its population, much more than a country at its level of development can be expected to do. Serious problems still remain in reducing child malnutrition and maternal mortality in particular; nonetheless, the aggregative results achieved in the last three decades are quite impressive. These achievements have certainly have gone a long way towards fulfilling the right to health in Bangladesh. This paper argues, however, that despite overall progress the health sector of Bangladesh suffers from a number of inadequacies that militate against the rights-based approach to health. These include persistent inequities in access to healthcare (including gender inequity, and inequity along the poor versus non-poor divide), lack of meaningful participation of citizens in the running of the health system, and the absence of effective accountability mechanisms through which the providers of healthcare can be held responsible for their actions.…

    • 3219 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    PEST analysis for banks

    • 324 Words
    • 2 Pages

    The sustainability of DCB Bank agenda has expanded rapidly. It reflects the company’s increasing focus on the wider nature of business and made the stakeholders growing interests in competitive world of business. There is now a great awareness about the global challenges such as climate changes, poverty, scarcity of resources, and demographic shifting. The responses came from the government and from different businesses, as well as the non-profit organization helped DCB Bank made it possible for the sustainability.…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The most important aspect of a bank’s sustainability program is managing the impact that its products, services and customer relationships have on the financial sector. First and foremost, a bank must give customers what they want fairly, responsibly and transparently. At the same time, it must provide good working conditions for staff and deliver profitable growth for shareholders.…

    • 1575 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Muhammad Yasir Yusuf 1 Zakaria bin Bahari 2 One of the goals of Islamic banking operations is to increase the economic growth towards a better and just society. This study aims to examine the criteria and Islamic instrument of corporate social responsibility towards the creation of a sustainable economic development. Specifically, the study analyses the various approaches to improve the quality of life and alleviate poverty and the methods of applying Islamic instruments to corporate social responsibility programs in Islamic banking. Based on the review of literature and findings resulted from in depth interview with the expertises of Islamic banking in Indonesia, the study reveals that there are six (6) fundamental criteria and 34 items considered as critical for corporate social responsibility to make an impact on the society. These criteria are namely; shari’ah compliance, equality, responsibility in work, the guarantee of welfare, the guarantee environmental sustainability and charity for preservation of virtue. Then application of Islamic corporate social responsibility in the society should be guided by two Islamic principles, first, the application of maslahah (the public good) which provides a better framework that managers can use when faced with potential conflicts arising from diverse expectations and interests of any corporation’s stakeholders. Secondly, corporate social responsibility program should pay more attention to the importance of social capital in the society. The corporate social responsibility practices in Islamic banking should not only be based on responsibility al kifayah (obligatory upon community) and get a positive corporate image but can also be deemed as a method to alleviate poverty and achieve the true economic goals of Islam. Keywords: Islamic Corporate Social Responsibility,…

    • 14160 Words
    • 57 Pages
    Powerful Essays
  • Good Essays

    Green Banking in Bangladesh

    • 2961 Words
    • 12 Pages

    The Credit Risk Grading (CRG) is a collective definition based on the pre-specified scale and reflects the underlying credit-risk for a given exposure.…

    • 2961 Words
    • 12 Pages
    Good Essays
  • Good Essays

    “To be the best international bank leading the way in Asia, Africa and Middle East “…

    • 1282 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Bangladesh Bank is the central bank of Bangladesh. It’s core duty is to maintain the financial fluency of…

    • 1264 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Modern banking system plays a vital role for a nation’s economic development. Over the last few years, the banking world has been undergoing many changes due to deregulation, technological innovations, globalization etc. These changes also made revolutionary changes of a country’s economy. Present world is changing rapidly to face the challenge of competitive free market economy. It is well recognized that there is an urgent need for better-qualified management and better-trained staff in the dynamic global financial market. Bangladesh is no exceptions of this trend. Banking Sector in Bangladesh is facing challenges from different angles though its prospect is bright in the future. Since banking industry is a highly service oriented industry, its overall success depends on the customers’ satisfaction regarding its service and perceived image of the banking services. So, no matter how good the bank’s management or employees are, if it cannot create a good image in the minds of the customers and cannot maintain its standards as promised, and then it won’t be able to increase its market share and loyalty among customers. Uttara Bank Limited is always ready to maintain the highest quality of service by upgrading banking technology prudence in managing and applying high standard of business ethics through its established commitment and heritage. Objectives of a private institution like IBBL are to maximize profit through optimum utilization of resources by providing best customer service.…

    • 10196 Words
    • 41 Pages
    Powerful Essays
  • Powerful Essays

    Climate change is perhaps the most controversial and complicated issue facing the world. The world has seen much focus on economic progress and mankind has made gaint steps in its journey through time. The side effects of the development process have however also been equally enormous – loss of bio-diversity, environmental damage etc. The warming effect of certain man made gas emissions such as carbon-di-oxide, methane, nitrous oxide and hydro fluoro carbons are found responsible for distortion in climate change. As environmental issues gain greater attention, pressure is placed on all industries including financial services to implement green initiatives. There is a growing awareness amoung banks and financial institutions to protect the environment and thereby to save the mother planet. As Banks are responsible corporate citizens they believe that every small green step taken today would go a long way in building a greener future. Banks are committing funds on a sustainable basis in responsible banking. They are shifting forward from profit to people and now more importantly, to create a better future for all.…

    • 1454 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Here is our training and development report on “Developing an E-learning Training Program based on the basic skills of preservation of vaccination program for the field employees in the health sector in Bangladesh”…

    • 2981 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Icddr, B

    • 1054 Words
    • 5 Pages

    They help solve significant public health challenges facing the people of Bangladesh and beyond, especially the most vulnerable, through the generation of knowledge and its translation into policy and practice…

    • 1054 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Al Zedjali, H. (2011). “Oman Successful banks”: the power of banking industry. Oman magazine. No. 13…

    • 2488 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    organizational learning

    • 3350 Words
    • 13 Pages

    Based on the appraisal, the bank must enable to promote itself by strategic ways through the six fundamental factors that are: focus, processes, measures, organizational culture, systems, strategic concept and objectives. A brief proposal is explained in arrangement of the strategy, describing how they should go through the continuing goals to permit the bank into learning organization.…

    • 3350 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    pnb company analysis

    • 1344 Words
    • 6 Pages

    Owing to its performance during the year 2012-13, Bank earned many laurels and accolades in recognition to its service towards doing good to society and on its overall performance. Recently, PNB was awarded with “IDRBT Banking Technology Excellence Award under customer Management and Intelligence Initiatives’. Bank also bagged “Golden Peacock Business Excellence Award” 2013 by Institute of Directors. Bank has been recognized as ‘Best Public Sector Bank' by CNBC TV 18. The Bank has also been recognized as “Most Socially Responsive Bank” consecutively for second year by Business World and PwC. Further, The Sunday FINWIZ 2012 declared Bank the “Best Banker in Agriculture Credit (Large)”.The Bank was also conferred with National Award for Excellent Performance in Lending under PMEGP Scheme of KVIC in North Zone by Ministry for MSME, GOI. Apart from this, Bank was also bestowed with the IBA Banking Technology Awards 2012 under the categories of “Best Use of Business Intelligence” and “Best Risk Management and Security Initiatives”.…

    • 1344 Words
    • 6 Pages
    Good Essays

Related Topics