Green Banking Practices Research Articles

Customer Preferences Towards Green Banking Practices

Customer Preferences Towards Green Banking Practices

A New Model On Consumer Behaviour For Green Banking Practices

Green advances, green credit cards, green checking accounts, and green contracts are all portion of current keeping money operations, are online keeping money components. The objective of this inquire about is to recognize a inquire about require and potential inquire about motivation for connecting green keeping money hones of certain chosen commercial and open division banks in India. The reason of this ponder is to make a conceptual show that successfully speaks to the characteristics of green keeping money operations and their relationship to add up to green managing an account client fulfillment. This ponder analyzes the current state of different bank green managing an account hones. The data was accumulated from scholastic diaries and websites. This review-based investigation recognizes the show state of green managing an account hones. The impact of green activities by open and private banks, such as web keeping money, web payments, green installments, and credit card credits, is examined. The investigate hole is computed utilizing the current circumstance and the wanted green action approach. Depending on the investigate hole, diverse investigate destinations to connect green managing an account hones are created and dissected. Keywords: Green banking services, Customer awareness, SWOC analysis framework, Customers’ satisfaction model, Inductive approach, Customer attraction, retention, and delight (CARD) model.

Are the customers aware of green banking and green banking products? An empirical study

The adoption of green banking practices has become increasingly popular worldwide due to its focus on environmentally sustainable and ethical banking. As a result, bankers are introducing various green products and services. However, the question remains whether customers are aware of these products. To address this question, an exploratory study was conducted, collecting quantitative data from 3465 bank customers. Based on literature reviews and data analysis, the study found that there are several green banking products that customers are not familiar with. Thus, it is recommended that bankers increase their efforts to promote awareness and usage of green banking products.

EMPIRICAL STUDY ON ADOPTION OF GREEN BANKING PRACTICES IN COMMERCIAL BANKS

Indian banks are eagerly anticipating initiatives in the green banking space, which is gaining popularity throughout the world. India aspires to join the ranks of Green Banking greats like the United States, Japan, Australia, etc. When it comes down to it, "Green Banking Products" are financial services whose main goal is green energy conservation. Finding out what's happening now, how users are aware of green banking practices, how customers perceive and favor these activities, and where the study may be improved upon are the main goals of the research. The research made use of both original and secondary sources of information. The data collection method chosen was Non-Probability Convenience Sampling. The results show that, in the current climate, green banking is crucial, according to most customers. The percentage of people using green banking products, such as ATMs and mobile banking services, exceeded 90% of the total. Green banking measures implemented by both public and private sector banks are well-known to nearly all customers. On a related note, it's safe to say that customers have learned about green banking through word of mouth and bank websites, rather than through print ads or television and online commercials, have major impact. In light of the present situation, the majority of the customers consider it necessary.

AN OVERVIEW OF GREEN BANKING PRACTICES IN UZBEKISTAN

The research draws on existing literature on green banking practices, as well as case studies of banks in Uzbekistan. This approach allowed for a thorough and comprehensive understanding of the topic. The main purpose of this paper is to provide an overview of green banking practices in Uzbekistan, with a focus on mobile banking, online banking, green financing, and guidelines for green banking practices. This paper will also explore the role of green banking in promoting CSR (Corporate Social Responsibility) and will discuss the importance of green banking in Uzbekistan, and the challenges that need to be overcome in order to implement it effectively. The literature review revealed a number of important findings, including the lack of standardized definitions for green banking practices, the challenges faced by banks in implementing these practices, and the benefits that can be gained by doing so. These findings will be further explored in the main body of the paper.

Determinants of Customers' Behavior for the Adoption of Green Banking Products and Services: UTAUT Model-Based Explanation

Increasing environmental concerns worldwide have spurred individuals and firms to emphasize eco-friendly practices in every walk of life. This study investigates the implication of the UTAUT model in the adoption of green banking products and services by customers in Pakistan. This study also explores behavioral intention as a mediator between explanatory variables and customers' behavior for the adoption of green banking practices. This quantitative study used convenience sampling and structured self-administered questionnaires for data collection. Structural Equation Modelling (SEM) was employed on the data collected from 305 customers of commercial and the results revealed a significant impact of performance expectancy, effort expectancy, enabling situation, conditional values, and emotional values on customers’ intention and behavior toward green banking practices. Moreover, facilitating conditions and social influence positively affect customers’ adoption of green banking products and services. Behavioral intention also fully mediates the link between performance expectancy, conditional values, emotional values, and usage behavior. Thus, bank management should consider these factors when creating green banking products and services. The current study focused on the customer perspective only, undoubtedly, it is very pivotal to understand the behavior of customers about green banking. But for a holistic coverage of the factors influencing the adoption of green banking, future research might focus on varied perspectives including bank management, bank employees, and SBP by using both quantitative and qualitative methods.

Determination of Priority Factors for the Development of Green Banking Practices in Turkey with the Fuzzy DEMATEL Method

Determination of Priority Factors for the Development of Green Banking Practices in Turkey with the Fuzzy DEMATEL Method

Evaluation of Green Banking in Pakistan Using Framework of the Central Bank: Employing TOPSIS Approach

The purpose of current research is to evaluate commercial banks’ performance regarding Green Banking (GB) practices using State Bank of Pakistan’s (SBP) framework as criteria. The study aims to rank and compare commercial banks with respect to their acceptance, adoption and implementation of green guidelines issued by SBP. The research design comprises of systematic review of literature, data extraction and analysis. Literature review consists of overview of GB practices in global banking industry as well as local industry of Pakistan. SBP has issued guidelines and required its commercial banks to transform banking practices towards green practices as a step towards sustainable green economy. The study is cross-sectional; the data collection involves content analysis of annual reports of commercial banks of Pakistan for the year 2021. Out of total forty-one banks, fourteen banks are shortlisted, using purposive sampling method, that have disclosed information about their GB practices in their annual reports. Analysis is performed using Multi-Criteria Decision Making technique (MCDM) of ‘Technique for Order Preference by Similarity to Ideal Solution’ (TOPSIS). As per findings, Habib Bank Ltd. is at the top of bank rankings, Allied Bank is at the second and Soneri Bank is at the third rank in initiating, implementing, disclosing and obtaining positive outcomes out of their green banking initiatives. The study has implications for regulators, policy makers and practitioners. It can fill the gap in literature by adding a discussion on an important topic that is being ignored by previous researchers. The regulatory institution (i.e. SBP) can learn performance of its banks on GB guidelines. The practitioners can evaluate themselves on green practices scale and learn on how to improve their practices to perform better ahead of competitors.

The Impact of Green Banking on Profitability (Study on Banking Sector Listed on Indonesia Stock Exchange (IDX) Period 2016-2022)

The objective of this study is to determine the impact of green banking on profitability of banks in Indonesia. The sample of this research is the Indonesian banking sector during the period 2016 to 2022. The data utilized in this study were obtained from secondary sources, specifically from 9 banks. In total, there were 63 observations. The measurement of profitability ratio is conducted through the utilization of Return on Asset (ROA). The study using data panel analysis resulting green banking using 21 reported items of Green Banking Disclosure Index positively have impact on profitability of banks. It implies that the increasing green banking practices will increase the profitability of banks, highlighting the use of the separate green banking index measurements outside of the total green banking index might be considered by future researchers

The Analysis of The Green Banking Implementation Model on Banking Performance at Bank Syariah Indonesia

This study aims to examine the implementation of green banking practices at Bank Syariah Indonesia, KCP Banjarnegara, and their impact on banking performance. This study uses a descriptive qualitative approach with a field research method through direct observation and interviews with the Branch Manager, Operational Staff, teller, and microstaff of Bank Syariah Indonesia, KCP Banjarnegara. Indicators of green banking activities used in this study include green Product, green Operation, green customer, and green Policy. The results of this study indicate that Bank Syariah Indonesia KCP Banjarnegara implements green banking practices based on research indicators, such as Green Product, Green Operation, Green customer, and green policy. Bank Syariah Indonesia, KCP Banjarnegara, has implemented all indicators well. This has a positive impact on the image and reputation of Bank Syariah Indonesia, KCP Banjarnegara, as a bank that cares about the environment and social responsibility. In addition, the existence of Operational Efficiency in banking has helped Bank Syariah Indonesia KCP Banjarnegara increase efficiency and reduce costs. The use of technology also speeds up the transaction process and services for customers and increases customer satisfactio.

Analysis Of The Effect Of Green Banking On Banking Environmental And Financial Performance In Indonesia

The purpose of this study is to examine if the adoption of green banking has a sizable impact on the environmental performance of the banking industry. Organizations in Indonesia's banking industry served as the study's sample. Nonprobability sampling with purposive sampling was the strategy utilized to select the research sample. The Sustainable Finance Initiative (IKBI) program, which has 13 bank members, provided the samples for this study's banking sector companies. Quantitative research is the style used. The focus of this study's data collection strategy is on documentation and literature review. There are numerous techniques and tools for statistical testing that can be used to examine and handle research data. The Eviews application was employed as the research's analytical instrument. The implementation of green banking does not appear to have an immediate impact on banking profitability, but it is an investment that will yield significant returns in the future. The research also demonstrates that ROA does not become the only metric for evaluating the financial performance of banks that implement green banking. The effects of green banking practices by banking organizations are both immediate and long-term.

The Expectation Disconfirmation Theory of Green Banking Practices of State Bank of India with special reference to Kerala - A Structural Equation Modeling Approach

In light of Agenda 2030, sustainability awareness is steadily growing worldwide. All institutions, including banks and financial institutions, are working to reduce their carbon footprints. Several indirect problems have arisen for India as a result of the banking process, such as global warming, climate change, irregular monsoon, air pollution, heavy rain, poor air quality, health problems, ozone depletion, fossil fuel use, recurrent destruction of forests for daily use, improper e-waste disposal. These issues can be overcome with sustainable banking practices (Green banking), which benefit the customer's satisfaction and quality of life. However, sustainability can be achieved only when the customers accept green banking and are satisfied with it. In order to do that, the bank must understand the level of expectations and perception of its customers toward green initiatives and to what extent the initiatives satisfy their day-to-day needs. This paper provides an overview of Expectancy disconfirmation integrations into customer satisfaction of India's largest public sector banks. As part of the present theoretical analysis, we first examine the level of awareness, expectations, and perception differences of customers to determine their satisfaction level. We then provide some evidence from SBI in Kerala regarding dissatisfying factors in green banking practices.

Green Banking Practices by Financial Institutions: A Study on the Banking Industry of Bangladesh

Green Banking Practices by Financial Institutions: A Study on the Banking Industry of Bangladesh

Do sustainable banking practices enhance the sustainability performance of banking institutions? Direct and indirect effects

PurposeThere is a dearth of empirical research examining the influence of various facets of sustainable banking on the environmental sustainability performance (SP) of banks in developing economies like Bangladesh. This study looks at how green banking practices (GBPs), green finance (GF) and corporate social responsibility (CSR) practices affect SP in both direct and indirect ways.Design/methodology/approachThe research framework of this study was designed based on legitimacy theory to examine the direct and indirect impacts of GBP on environmental SP through GF and CSR practices. Based on a structured questionnaire and convenience sampling, the data were collected from banking institutions to investigate the association among the study variables. Subsequently, the obtained data were evaluated using a well-established structural equation modeling (SEM) approach via SmartPls 4.0 software.FindingsThe empirical findings reveal that GBP has a significant direct impact on GF, CSR practices and the banks' SP. Further, the findings show that GF has a direct and significant impact on CSR practices and SP. Likewise, CSR practices have a direct and significant influence on the SP of banks. Additionally, among indirect effects, both CSR practices and GF mediate the association between GBP and SP, whereas GF also has an indirect effect on the relationship between GBP and CSR practices. Surprisingly, the findings demonstrate that CSR practices do not have an indirect effect on the association between GF and SP. Hence, the greater the bank's involvement in green banking activities, the greater the influence of green financing and CSR practices on environmental sustainability.Originality/valueThis study adds to the growing body of research in the areas of sustainable banking and environmental sustainability literature by evaluating the link between GBP, CSR practices, GF and SP. Besides, this is a ground-breaking study that examines both direct and indirect effects of different aspects of sustainable banking (GBP, GF and CSR practices) on the SP of the banking industry in an emerging country like Bangladesh. On the theoretical level, it adds to the application and expansion of legitimacy theory in the sphere of banking and finance. It provides new insights into the dynamics of green banking, GF and CSR practices within the framework of legitimacy theory. Hence, the current study offers significant suggestions to managers, academicians and researchers on how to advance the sustainability of the banking industry by adopting green banking, GF and CSR practices.

Examining Environmental Performance of Islamic Banks Through Green Banking Practices: Mediating Role of Employees Commitment

This study aims to investigate the substantial impact of green banking practices on the environmental performance of banks, concurrently exploring the mediating influence of employees' commitment. To achieve these objectives, a comprehensive empirical inquiry was conducted. Data was collected through a structured questionnaire survey method from a diverse selection of banks operating within the Lahore region. The study employed statistical techniques, including regression analysis and Structural Equation Modeling (SEM), to analyze associations and moderating influences within the conceptual framework. The findings of the study indicated that there is a significant effect of green banking practices on the environmental performance of Islamic banks operating in Pakistan. Further, the research indicated that there is a significant mediating effect of the employee’s commitment between the observed variables. The primary novelty of this research is its comprehensive examination of the intricate interplay between green banking practices and environmental performance within the Islamic banking industry. The primary limitations of the study include a small sample size and considering only Islamic bank managers as the population of the study.

GREEN FINANCE BRIDGES THE GAP: IMPACT OF GREEN BANKING PRACTICES ON ENVIRONMENTAL PERFORMANCE

The objective of this research is to examine significant influence of green banking practices on the environmental performance of banks, while also exploring the intermediary role of green finance. Iplementation of green banking practices, which include employee-related, operation-related, and customer-related initiatives, significantly influences environmental impact of banks. It is crucial for understanding the intricate relationship amid these practices and their impact on environmental performance in framework of sustainable banking. In order to accomplish these aims, thorough empirical investigation was undertaken. Research used a standardized questionnaire survey method to gather data from a heterogeneous sample of the banks operating in different geographical areas. Study used statistical methods, namely regression analysis as well as mediation analysis, to investigate the associations and mediation effects within conceptual framework. Results of study are statistically significant. Research revealed a significant mediating influence of green financing on the relationship between green banking practices and the environmental performance of banks. This highlights the crucial role of funding in translating sustainable activities into measurable environmental results.

FINTECH'S ROLE IN SUSTAINABLE BANKING PERFORMANCE: ARE GREEN BANKING POLICIES DRIVING SUSTAINABILITY IN PAKISTAN'S BANKING SYSTEM?

The technology pervades every aspect of business operations, making it impossible for any organization to evade its presence. The delight of the customer is now the priority of the organization. Adopting the sustainable practice of using fintech to facilitate the customer with ease is the game now for every bank in Pakistan and it needs serious attention. This study explored this gap and added facilitation aspect of green banking practices to the loop. Without the sustainable developmental goals-SDG, no business sees its future growing. Adoption of fintech is one of them. State Bank of Pakistan also promulgated green banking regulation in 2017, which forces the banks to adopt green banking practices in finance, operational, and daily routines of the personnel. Our explanatory, quantitative study assessed the effect of fintech on sustainable green practices and the bank's green practice activities as a mediator through a questionnaire consisting of 31 questions filled by 302 banking professionals in Karachi, Pakistan, & found that the green banking activities mediated the relationship between the fintech adoption and sustainable banking practices but the direct effect of fintech is found to be insignificant as local environment and the mindset of the employee is not ready for it. The study provide vauable information and recommendations.

Analysis of the Green Banking Implementation Model on Banking Performance at Bank Syariah Indonesia KCP Banjarnegara

The continuous increase in climate change has attracted global attention. Many countries in the world have made the necessary commitments to mitigate climate change. Then this attracts the attention of economic actors, especially for the banking sector, which is known as green banking. The concept of green banking is banking that emphasises the application of sustainability in financial distribution or operational activities. In this case it is the same as that the bank seeks to create environmentally friendly practices by reducing the carbon footprint of banking operations. This study aims to implement green banking practices at Bank Syariah Indonesia KCP Banjarnegara and its impact on banking performance.
 This study uses a descriptive qualitative approach with a field research method through direct observation and interviews with the Branch Manager, Operational Staff, Teller and Micro Staff of Bank Syariah Indonesia KCP Banjarnegara. Indicators of green banking activities used in this study include Green Product, Green Operation, Green Customer and Green Policy. 
 The results of this study indicate that Bank Syariah Indonesia KCP Banjarnegara implements green banking practices based on research indicators, such as Green Product, Green Operation, Green Customer and Green Policy, of the four indicators Bank Syariah Indonesia KCP Banjarnegara has implemented all indicators well. This has a positive impact on the image and reputation of Bank Syariah Indonesia KCP Banjarnegara as a bank that cares about the environment and social responsibility. In addition, the existence of Operational Efficiency in banking has helped Bank Syariah Indonesia KCP Banjarnegara increase efficiency and reduce costs. The use of technology also speeds up the transaction process and services for customers and increases customer satisfaction.

Impact of Green Banking Practices on Sustainable Environmental Performance and Profitability of Private Sector Banks

Sustainable environmental performance linked with profitability has been one of the brimming concerns in the worldwide scenario. Therefore, the current study aimed to examine the impact of green banking practices on the firm's sustainable environmental performance. Further, the impact of sustainable environmental performance on firms' profitability was also measured. A survey-based research design was employed by collecting data from Private sector bank employees of India. The data analysis was performed on the selected private bank employees collected from August 2022 to November 2022 by employing the PLS-SEM method with the help of smartPLS software. The study found a significant positive relationship between bank environmental performance and profitability. Consequently, green banking policy significantly influences the day-to-day operation and funding or investment in green projects. Specifically, the study hypothesizes that green banking practices lead to improved operational efficiency, increased funding and investment in green projects, enhanced sustainable environmental performance, and improved profitability for private sector banks. The results of this study contributed to the existing literature on green banking practices and provided insights for policymakers, bank management, and other stakeholders interested in promoting sustainable banking practices.

A STUDY ON GREEN BANKING IN THOOTHUKUDI

The concept of Green Banking differs from traditional banking as it promotes sustainable development. Banks, being major implementers of technology, can lead the way in adopting green practices to aid in environmental protection. By innovating products and leveraging technology, banks and their customers can reduce their usage of resources like paper. Green banking aims to keep the world liveable without causing significant damage. In India, banks are playing a vital role in sustainable development by introducing various green banking practices. Adopting these practices can result in savings of energy, fuel, paper, and other natural resources. The rapid growth of the banking industry has increased the direct impact of banks on the environment, which is why they can play a significant role in ensuring environmentally sustainable and socially responsible investments in the economy. The study aims to motivate customers towards green banking services and focuses on how they have implemented green banking before and after COVID-19. Primary and secondary data were collected for this research. KEYWORDS: Green banking, Sustainable development, Covid-19.