The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh

All commercial banks must take green financing drives to promote environmental-friendly projects in their mainstream investment. The purpose of the study is to feed an inclusive overview of the green finance (GF) situation emphasis on bank performance in Bangladesh. The secondary data were collecte...

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Main Authors: Md. Ashraful Alam, Dr. Syed Zabid Hossain
Format: Article
Language:English
Published: Fakultas Ekonomi Universitas Sriwijaya 2024-11-01
Series:Sriwijaya International Journal of Dynamic Economics and Business
Online Access:https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/639
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author Md. Ashraful Alam
Dr. Syed Zabid Hossain
author_facet Md. Ashraful Alam
Dr. Syed Zabid Hossain
author_sort Md. Ashraful Alam
collection DOAJ
description All commercial banks must take green financing drives to promote environmental-friendly projects in their mainstream investment. The purpose of the study is to feed an inclusive overview of the green finance (GF) situation emphasis on bank performance in Bangladesh. The secondary data were collected from Bangladesh bank annual reports, sustainability reports, other commercial banks' reports etc. from 2014 to 2023. SPSS software was applied to interpret the data. The results of the data analysed show GF have a significant impact on bank profitability. Regression model 1 indicates that energy efficiency and the recycling and manufacturing of recycling goods have the most positive impact on bank performance. Regression model 2 identifies that renewable energy impacts the most on bank performance. The possible future essence of this study is to convince bankers and policy planners that GF can be the best solution for surviving in the competitive market and improving bank profitability.
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institution Kabale University
issn 2581-2904
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language English
publishDate 2024-11-01
publisher Fakultas Ekonomi Universitas Sriwijaya
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series Sriwijaya International Journal of Dynamic Economics and Business
spelling doaj-art-3513e66c3a9f4dc5a0353c36b9950d032025-08-25T00:48:36ZengFakultas Ekonomi Universitas SriwijayaSriwijaya International Journal of Dynamic Economics and Business2581-29042581-29122024-11-0182The Effects of Green Financing Drives on the Performance of DSE Listed Banks in BangladeshMd. Ashraful Alam0Dr. Syed Zabid Hossain1Department of Management, OSD, DSHE, BangladeshDept. of Accounting & Information Systems, University of Rajshahi All commercial banks must take green financing drives to promote environmental-friendly projects in their mainstream investment. The purpose of the study is to feed an inclusive overview of the green finance (GF) situation emphasis on bank performance in Bangladesh. The secondary data were collected from Bangladesh bank annual reports, sustainability reports, other commercial banks' reports etc. from 2014 to 2023. SPSS software was applied to interpret the data. The results of the data analysed show GF have a significant impact on bank profitability. Regression model 1 indicates that energy efficiency and the recycling and manufacturing of recycling goods have the most positive impact on bank performance. Regression model 2 identifies that renewable energy impacts the most on bank performance. The possible future essence of this study is to convince bankers and policy planners that GF can be the best solution for surviving in the competitive market and improving bank profitability. https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/639
spellingShingle Md. Ashraful Alam
Dr. Syed Zabid Hossain
The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
Sriwijaya International Journal of Dynamic Economics and Business
title The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
title_full The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
title_fullStr The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
title_full_unstemmed The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
title_short The Effects of Green Financing Drives on the Performance of DSE Listed Banks in Bangladesh
title_sort effects of green financing drives on the performance of dse listed banks in bangladesh
url https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/639
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