What is Green Banking?
Green Banking means promoting environmental-friendly practices where reducing carbon footprint from banking activities. Green Banking may comes in different forms such as: I banking instead of branch banking, paying bills online instead of mailing them, opening accounts and capital market account online etc.
Green Branches: CBL has already set up 02 branches as Green Branch (Alfadanga & Bow Bazar), against which we already claim accreditation from Bangladesh Bank through GBC. Additionally, CBL has also setup solar power system in Jubilee Road Branch in addition to existing 9 branches.
Capacity Building: In line with requirement of Green Banking Cell (GBC), CBL HR has allocated 1 hour training session in all induction and orientation programs. CBL SME Credit Team has also included a separate session on ESRM in their functional training to Relationship Managers of Branch Banking.
ESRM Diagnosis: A team of IFC has conducted ESRM Diagnostic across the Bank to evaluate a comprehensive review of the current status of the ESRM practices, process and systems of the Bank. The diagnostic consisted of documentation review of policies, procedures, governance structure, roles and responsibilities of the ESRM system etc. A series of interviews of key personnel of the Bank at different levels including the MD & CEO was also been conducted by the Team. We expect to receive report shortly.
Green Budget: In February, 2014; CBL Board approved Green Banking Budget of 2014 where BDT550Crore is allocated in
Green Finance (both direct and indirect).
Slogan: Own Green Banking slogan “Go Green; Think Green & Act Green” has already been designed.