Green Banking Application by Commercial Banks in Kathmandu District

Green Banking Application by Commercial Banks in Kathmandu District

Author Details

1. Kritika Guragain, Student, Kathmandu University, Kathmandu

The purpose of this paper is to determine the impact of green banking practices on the established financial standing of commercial banks in Kathmandu valley. The study employed a descriptive and causal comparative research design with 225 respondents from commercial banks. Structured questionnaires were utilized and analyzed using AMOS. It investigated green banking practices, focusing on the constructs of green (investment, business strategy, product/services). The result shows that the bank employees are mindful and are aware of green banking practices. Similarly, Green Investment, Green Product/Service, and Green Business Strategy have significant and positive relationship with the financial effectiveness of the bank. The study utilized cross-sectional data, but panel or longitudinal data could be used for more generalized data collection and more predictable results. This study is an initial attempt to fill the gap in published information about the green banking practices and its application in the commercial banking industry and their relationship with perceived financial performance in Nepal.

Keywords

Green Investment, Green Product and Service, Green Business Strategy, Effectiveness
  1. Bihari, S.C. (2011). Green banking-towards socially responsible banking in India. International Journal of Business and Management, 2(2), 82-87.
  2. Bihari, Suresh Chandra and Pradharn, Sudeepta, (2011), ‘CSR and performance: The story of banks in India’. Journal of Transnational Management, Vol.16.
  3. Biswakarma, G. (2017). Sustainability and green banking practices: Understanding the strategic convergence in Nepalese banks-sum approach: European Journal of Marketing (EJM), 17(2), 19-33.
  4. Booz & Co. (2013). New York State Green Bank: Business Plan Development.
  5. Bussoli, S. A. & Conte, L. R. (2018). The virtuous circle between corporate social performances: Corporate Financial Performance in the European Banking Sector 9(2), 150.
  6. (2017). A conventional bank becomes a green bank by directing. International Journal of Application, 13-45.
  7. Chaurasia, A. (2014). Green banking practices in Indian banks. The Journal of Management and Social Sciences, 1(11), 41-54.
  8. David, A. (2015). A study on green banking system of commercial banks India: International Journal of Academic Research in Business and social science, 3(7), 21.
  9. Deka, G. (2015). Green banking practices: A study on environment strategies of banks with special reference to state bank of India: Indian Journal of Commerce and Management Studies, 16(6), 11.
  10. Faroogi, S. (2013). Innovation in engineering and management: International Journal of Application, 3(1), 2319 – 4847.
  11. Galpin, T., Whitttington, J. And Bell, G. (2015), ‘Is your sustainability strategy sustainable? Creating a culture of sustainability’, Corporatee, 15 No. 1, pp. 1-17.
  12. Ghauri, P. and Grønhaug, K. (2005). Research Methods in Business Studies: a practical guide (3rd Edition). Harlow: Financial time’s prentice hall.
  13. Gumbus, A. & Johuson. (2014). Entrepreneurs use a balanced scorecard to translate strategy into performance measures. Journal of Small Business Management, 40(3), 407-425.
  14. Green, C.F. (1989). Business ethics in banking. Journal of Business Ethics 8(8) P. 631 – 634.
  15. (2007). ‘Banking on Sustainability: Financing Environmental and Social Opportunities in Emerging Markets’. http://www.ifc.org/ifcext/ enviro.nsf/
  16. (2014). Greening the banking system-experiences from the sustainable banking network (SBN): Background paper for the G20 green finance study group: International Finance Group World Bank.
  17. Investopedia, Staff. (2018). A green bank is a financial institution. Financing Techniques and Market, 12-18.
  18. Islam, A., & Kamruzzaman, M. (2015). Green banking practices in Bangladesh. IOSR Journal of Business and Management, 14(4), 37-42.
  19. Islam, M.S. & Das, P.C. (2013). Green banking practices in Bangladesh: ISOR Journal of Business and Management, 8 (3), 39 – 44.
  20. Jain, N. (2013). Green banking: A groundbreaking initiative for sustainable development: International Journal of Logistics and Supply Chain Management Perspectives, 7(6), 166.
  21. Jain, N. & Harshila. (2017). Green banking: Study on customer awareness in public and private sector banks India. International Journal of Unpublished Academic Research in Business, 2 (1), 166-177.
  22. Jeucken, M. & Bouma (1999). The changing environment of banks: Greener Management International Journal, 5(8), 21.
  23. Jha, N. & Bhome, S. (2013). A study of green banking trends in India: International Journal of Research in Management and Technology, 2 (1), 127 – 132.

Guragain. (2024, July 31). Green Banking Application by Commercial Banks in Kathmandu District.  Journal of IPEM, 18(1), 1–10. https://doi.org/10.61691/IPEM_Mgmt.18.2024.1-10.