Money is the mother of banks and banks are the reformer of money.

Green Banking

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Green banking

Green banking is simply with social awareness. Green Banking turns to eco-friendly banking as a way to help reduce the carbon footprint from their normal banking activities.

Green banking practices are connected with both internal operation and product ecology. Product ecology is concerned with the impacts of the banks on the environment used by the clients. Green banking engaged in creating socially responsible investment funds and sustainable project finance activities.

The environment and the banking industry both are benefited when bank customers start using the online banking, internet banking (iBanking) SMS Banking and Mobile Banking services.

Benefit of online banking includes less paper work, less mail etc; which all have a positive impact on the environment. Interestingly, online banking can also increase the efficiency and profitability of a bank.

Environmental concern is at the centre of green banking strategy. Banks are designed green energy to finance renewable energy sector such as solar energy, bio-gas, SMEs, agri SMEs and farmers are the main target customers of this investment facility.

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The easiest way for you to bank green is to start using the online banking services that are available.

Green banking can also reduce the need for expensive branch banks and customer service representatives.

A truly green bank will reduce their carbon footprint by building more efficient branches, implementing energy-efficient operational procedures, offering transportation services for their employees, promoting sustainable banking and increasing their lending in environment-sensitive industries

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Bank products and services can also reflect a green banking commitment.

Green Deposits: Banks can offer higher rates on CDs, checking accounts, money market accounts and savings account if customers opt to conduct their banking activities online.

Green Credit Cards: A green credit card allows cardholders to earn rewards or points which can be redeemed for contributions to eco-friendly charitable organizations.

Green Reward Checking Accounts: A bank product called a reward checking accounts pays a bonus rate for customers who go green

Green Mortgages and Loans: A bank can offer green mortgage with better rates or terms for energy efficient houses

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