Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has recognized top ten private commercial banks (PCBs) for their contribution to green banking activities across the country.
The banks are Bank Asia Ltd., Dutch Bangla Bank Ltd, Eastern Bank Ltd, Islami Bank Bangladesh Ltd, Mutual Trust Bank Ltd, Prime Bank Ltd, Pubali Bank Ltd, Standard Chartered, Shahjalal Islami Bank Ltd and Trust Bank Limited.
Green bank concept is an ethical, socially responsible and sustainable bank. It is providing innovative green products and support activities that are not hazardous to the environment, the annual report on green banking, published by the central bank, on Tuesday said.
It also said much emphasis has been given on the bank’s policy formulation, concentration on utilization of budget for Green Finance, Environmental Risk Rating (EnvRR), and contribution to Online Banking, ATM, Internet and Mobile/SMS Banking.
In-house activities covering inventory on utilities and energy, Green up to March 2012, capacity building and disclosure by banks has also been considered for nomination.
Forty out of 47 banks have formed a Green Banking Unit and Green Banking Policy, 41 banks have introduced a Green Office Guide, EnvRR has been done for 7165 projects out of which 6896 rated projects have been financed, BDT 504557.61 million has been disbursed for the rated projects, 185 branches/SME unit offices have been powered by solar energy, 37 banks are fully automated and 3042 branches have been facilitated with online coverage, according to report.
This is the first report ever on Green Banking as prepared by the BB, and begins with the key concept of Green Banking activities.
BBN/SSR/AD-20June12-10:05 am (BST)
