Green Banking Final Report

Green Banking Activities: A Study on Janata Bank Limited
Internship Report on:
“Green Banking Activities: A Study on Janata Bank Limited”
Supervised By:
Md. Shafiqul Islam
Assistant Professor
Department of Accounting & Information Systems
Jatiya Kabi Kazi Nazrul Islam University
Submitted By:
Md. Maniul Islam
ID: 13132512
Reg. No. 2848
Session: 2012-13
Jatiya Kabi Kazi Nazrul Islam University
Date of Submission: October 25, 2017
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Letter of Transmittal
October 25, 2017

Md. Shafiqul Islam
Assistant Professor,
Jatiya Kabi Kazi Nazrul Islam University.
Subject: Prayer for the Submission of the internship report.
Dear Sir,
I am very pleased to submit the internship report on “Green Banking Activities: A Study on
Janata Bank Limited”, In particular reference to Janata Bank Limited, Ladies Branch,
Mymensingh, which has been prepared as a partial requirement of the BBA program.
I have tried my level best to complete my internship report successfully. The whole
experience of this internship program will enable me to get an insight into the real life
situation.
If you need any more information, please let me inform.
Sincerely yours,
…………………….
Md. Maniul Islam

ID: 13132512
Registration No: 2848
Session: 2012-2013
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Student’s Declaration
I, Md. Maniul Islam, bearing ID 13132512, Registration No: 2848 a student of Department of
Accounting & Information Systems at Jatiya Kabi Kazi Nazrul Islam University, hereby
declare that, the report entitled “Green Banking Activities: A Study on Janata Bank
Limited” is an original work done by me under the supervision of Md. Shafiqul Islam,
Assistant Professor, Department of Accounting & Information Systems, Jatiya Kabi Kazi
Nazrul Islam University.
I also confirm that, the report is only prepared to my academic requirement. It will not be
used on behalf of the interest of opposite party of Janata Bank Limited.
…………………….
Md. Maniul Islam

ID: 13132512
Registration No: 2848
Session: 2012-2013
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Supervisor’s Certificate
This is certified that the internship report on “Green Banking Activities: A Study on
Janata Bank Limited” Submitted for the achievement of BBA degree from the Department
of Accounting & Information Systems at Jatiya Kabi Kazi Nazrul Islam University; is an
authentic research carried out by Md. Maniul islam, bearing ID 13132512, under my
supervision. He is permitted to submit the internship report. I wish his every glorious success
in life.
…………………….
Md. Shafiqul Islam
Assistant Professor,
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জজজজ জজজজজজ জজজজজজজ

জজজজজ জজজজজজজজজজজজজ
E-Mail: [email protected] জজজজজজজ-
জজজজজ
TO WHOM IT MAY CONCERN

This is to certify that MD. MANIUL ISLAM, son of Md. Rafiqul Islam and Most. Firoza
Begum, a student of BBA Department of Accounting and Information Systems under Jatiya
Kabi Kazi Nazrul Islam University, Trishal, Mymensingh. Bearing ID No. 13132512 joined
as an internee at 20 July, 2017. His internship program completed at 20th October, 2017.He
conducted his study on “Green Banking Activities: A Study on Janata Bank Limited’’.
During this period of his internship program with us, he found punctual, hardworking and
inquisitive.
I wish his every success and prosperity in all his efforts.
Best Wishes
………………………..
Md. Muazzhem Hossen
Manager, Janata Bank Limited
Ladies Branch, Mymensingh
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Acknowledgement
At first, I would like to express my gratitude to almighty Allah for enabling me the strength
and opportunity to complete the report within the scheduled time successfully. I am also
grateful to my parents who provided me with the basic necessities of life since my early
childhood.
I would like to express my intense gratitude, sincere appreciation and deep sense of respect to
my honorable supervisor Md. Shafiqul Islam, Assistant Professor, Department of Accounting
& Information Systems, for the subsequent advice and valuable guidance towards the
completion of the report.
I also like to express my deep sense of gratitude to Md. Muazzhem Hossen, Manager, Janata
Bank Limited, Ladies Branch, Mymensingh; for giving me due guidance in carrying out my
internship work & also for giving proper attention, inspiration in this connection. I would like
to express my appreciation to the faculty members of Department of Accounting &
Information Systems, who shared their valuable knowledge throughout my entire BBA
period.
I am extremely grateful to Janata Bank Limited, Ladies Branch staffs for allowing me to
pursue my internship and continuous support for the entire work.
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Executive Summary
Green banking is like a normal bank, which considers all the social and
environmental/ecological factors with an aim to protect the environment and conserve natural
resources. This study was taken from Janata Bank Limited as a descriptive in nature. In this
study, primary data from the staffs of Janata Bank Limited & secondary data from
Bangladesh Bank Reports have been used. Results show that the Janata Bank has an own
green banking policy of green product, marketing and online banking. But the utilization of
green finance was not sustainable. The bank should inaugurate mobile banking and
encourage people to take green loan to fulfill the activities of green banking.
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Table of Contents
Title Page no
Chapter One: Introduction
1.1 Background of the Study 10
1.2 Objectives of the Study 10
1.3 Literature Review 11
1.4 Rational of the Study 13
1.5 Scope of the Study 14
1.6 Methodology 14
1.7 Limitation of the Study 15
Chapter Two: An overview of Janata Bank Limited
2.1 Profile of Janata Bank Limited 17
2.2 Corporate Information 17
2.3 Board of Directors 19
2.4 Management 20
2.5 Vision of the Janata Bank Limited 20
2.6 Mission of the Janata Bank Limited 20
2.7 Objectives of the Janata Bank Limited 21
Chapter Three: Theoretical Overview of Green Banking
3.1 History of Green Banking 23
3.2 Features 24
3.3 Policy Guidelines for Green Banking 24
3.4 Phase-1 26
3.5 Phase-11 29
3.6 Phase-111 31
3.7 Reporting Green Banking Practices on Quarterly Basis 32
3.8 Being Ethical and Environmental Friendly 33
3.9 Bangladesh Bank’s In-house Green Activities 35
Chapter Four: Green Banking Initiatives of Janata Bank
Limited
4.1 Formulation of Green Banking Policy 37
4.2 Green Banking Committee 37
4.3 Green Banking Unite 37
4.4 Green Banking Desk 37
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4.5 Budget Allocation 37

4.6 Green Marketing, Awareness & Training 38
4.7 Disclosure of Green Banking Activities 39
4.8 Outlooks Toward Green Banking 39
Chapter Five: Findings, Recommendations & Conclusions
5.1 Findings 42
5.2 Recommendations 42
5.3 Conclusions 43
5.4 References 44
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1.1 Background of The Study

The world is concerned and worried about climate change, Global warming, environment
pollution and their bad impacts. The rapid change in climate have direct impacts on
biodiversity, agriculture, forestry, land, water, air, human health and so on. Urgent steps are
needed to save the planet against climate change. Bangladesh is the most climate change
vulnerable country. Climate change has compelled us to think about protection of
environment and conservation of energy. Banks hold a unique and vital position in the arena
of economy. Bankers can contribute much to develop the country's economic system. When a
bank does something good its reputation goes up and when it does something bad or accused
to do so, its reputation goes down. Green banking is a tool to acquire reputation.
Bangladesh Bank developed a Green Banking policy to practice green banking activities in
all schedule bank including Janata Bank Limited in 2011. This study aims at studying the
present status of Janata Bank Limited in complying with the Bangladesh Bank policy to save
the environment as well as to increase financial sustainability.
1.2 Objectives of the Study

The main objectives of the study are to gather practical knowledge and identify the Green
Banking activities which are taken by Janata Bank Limited. As a whole there are two types of
objectives.
1.3.1 General Objective.
 To identify and observe green banking activities which are taken by Janata Bank
Limited and also to apply theoretical knowledge in practical field.
1.3.2 Specific Objectives.
 To understand the core concept of Green Banking.

 To identify Green Banking activities in Janata Bank.
 To know how to apply Green Banking policy by bank.
 To find out alternative sources of environment friendly energy.
 To find out Green Banking methods to apply in - house environment.
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1.3 Literature Review

Islam, M. S. and Das, P. C. (2013) highlighted on mobile banking, online banking, green
financing, and guidelines for green banking practices on their study. They argued that green
banking is a new way of conducting the banking business through considering the hygienic
environmental issue as well as corporate social responsibility (CSR). The concept of green
Banking is relatively new in Bangladesh and yet to get momentum, but in the developing
countries it is passing through a mature stage. They conclude the study that green banking
practices in Bangladesh is not satisfactory at all
BB Green Banking policy (2012) Green Banking policy of Bangladesh Bank stated that
global warming, which is one of the most burning & discussed issues, has the worst impact
on the climate of the planet as a whole. The rapid change in climate will be too great to be
adapted by the eco-systems, since the change have already made direct impact on
biodiversity, agriculture, forestry, dry land, water resources and human health. As such, issue
of global warming calls for a global response. Due to unusual weather pattern, rising
greenhouse gas, declining air quality etc. society demands that bank also take responsibility
in safeguarding the planet. So green banking practices is ultimately a demand for our planet
as a whole for us.
Thombre (2011) argued that environmental impact of bank’s external activity is huge though
difficult to estimate. Thus, encouraging environmentally responsible investments and careful
lending should be one of the responsibilities of the banking sector. Sahoo and Nayak (2008).
The bank should go green and play a pro-active role to take environmental and ecological
aspects as part of their lending principle, which would force industries to go for mandated
investment for environmental management, use of appropriate technologies and management
systems.
Rupali Bank Green Banking Report, (2012). Green banking is a simple word but its
magnitude is significantly wide covering social environment and economical aspects. Green
banking is a device that considers social and ecological factors to protect environment and
conserve natural resources. If we protect environment, we protect ourselves. Green bankers
think to protect environment and conserve power and energy in order to ensure a safer world
for the next generation. Green bankers are concerned about sustainable development. Green
banking is the special agenda to take care of environment of the earth. Green banking is a
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proactive and effective step with a vision for future sustainability. As a human being, we are
to maintain ethical standard. We cannot compromise with unethical tasks. Doing harm to
environment means doing harm to us as well as our next generations. We should use our
resources with responsibility avoiding harm to mankind.
Chowdhury, M.A.A. and Dey, M. (2016) defined green banking as the operation of banking
activities while giving special attention to social, ecological and environmental factors with
the aim of the conservation of nature and natural resources. Without changing its main
banking functions, a green bank can grow through applying environmentally friendly policies
throughout every sector of its activities. One way they can do this, for example, is through the
elimination or reduction of the carbon foot print of its premises. Such green initiatives can be
implemented by facilitating the support and cooperation of its clients, human capital and
stakeholders. It can also increase the good will of the organization and promote a 'green and
social consciousness image' in the community. Although this theme has been implemented in
several developed countries promoting the slogan 'Be green, go green', it is a very useful
starting point for developing countries like Bangladesh to follow. They examine on their
study the existing practices of green banking in Bangladesh.
Bangladesh Bank Governor argued that all need to change mindset about environmental
issues for making a better future through greening financial transactions (Star 2010). To save
our planet it is the time to take initiative for green banking. The banks should give priorities
in providing loan to the sectors that encourage environmental practices (Rashid 2010). GB is
not limited within branches green activities, but extends to facilitating green investment/
financing so that a huge contribution to resource-efficient and low carbon industries, i.e.
green industry and green economy in general can be made. Habib (2012) stated that much
more is expected from NGOs and civil society organizations in the form of awareness
development, research activities and business monitoring. For rapid change among
consumers and businesses, a collective endeavor of government, media, NGOs will be
required. The following GB wheel indicates how the whole banking system works as a chain.
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Source: Bangladesh Bank Annual Report 2012.
1.4 Rational of the Study

As per the requirement to complete my BBA degree I have engaged myself to complete this
internship and to prepare this report on my concentrated topic which is “Green Banking
Practices in Janata Bank Limited”. To implement green banking in Bangladesh, scheduled
banks must follow the policy guideline issued by the Bangladesh Bank. Specific deadline
should be followed mentioned in the policy guidelines for effective implementation of green
banking. Green banking considers all the social and environmental factors along with
financial priorities with an aim to protect the environment as well as to foster the economic
development in a more environment friendly way. It is an opportunity to make a positive
contribution to environmental and social concerns by creating policies designed so that the
business operations do not degrade the environment or is not harmful to society. It covers a
multitude of areas from a bank being environmentally friendly to how their money is
invested. Bangladesh is at a vulnerable stage in terms of climate change. In line with global
development and response to the environmental degradation, the financial sector in
Bangladesh should play an important role as one of the key stakeholders. The banking sector
in Bangladesh took steps in this regard particularly in the field of green financing but the
activities gained new momentum after the issuance of policy guidelines for Green banking.
As a consequence, the study investigates the present status of green banking in Janata Bank
Limited.
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1.5 Scope of the Study

The scope of this study is confined to an observation and evaluation of green banking
practices in Janata Bank Limited. The observation and evaluation process is limited to
discussion, analysis of several annual reports, internship reports, articles and journals
prepared on green banking practices in Bangladesh. The study is conducted on the green
banking activities which are practiced in Janata Bank.
1.6 Methodology
In conducting this report, the following methodology was adopted in data and information
analysis. Both qualitative and quantitative methods were applied for preparing this report.
The data were analyzed and presented by Microsoft excel and shows percentage, graphical
presentation and different types of charts. Best effort was given to analyze the numerical
findings. The main focus is on numerical data in preparing the report. Also theoretical portion
of the report has been used as the demand of the report. Analyzing green banking activities of
the bank, both theoretical and practical knowledge are necessary for execution. The findings
of this report are authentic since I used verified data.
1.6.1 Nature of the Study
The nature of the study is descriptive type. In this report I have tried to describe
systematically the present situation of green banking practices taken by in Janata Bank
Limited. I have also tried to find out necessary information required for green banking
practices in the bank. Administrative structures, problems and prospects, different issues
related with green banking practices are provided by this report.
1.6.2 Sources of Data: Both primary and secondary sources of data are used while
preparing this report. Sources of data and information that are used in this study are
categorized into two sources.
Primary Sources: Primary data is collected through discussion with.
 Staffs.
 Officers.
 Customers.
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Secondary Sources: Secondary data is collected from the following sources

through observation.
 Annual report
 Article & Publication
 Research Paper,
 Website & Internet.
1.6.3 Data Collection
There are many ways to collect primary data. To prepare this report I have selected an
unofficial discussion, while structures, contents and questions were flexible of this
discussion. The discussion was with the staffs, supervisors, officers and manager of the
branch. On the other hand, secondary data is collected through my observation.
1.6.4 Data Analysis and Report Writing
Collected data are analyzed through Microsoft office 2010 software and practical
observation. Report is written through Ms. – Office, Ms. - Excel and different chart, table pie
chart is used while preparing this report.
1.7 Limitation of the Study

Despite my hardworking on this report there were some limitations from both my perspective
and other effect. The major limitations were…
 The time is limited to 12 weeks which is not good enough to consider all factors.
 There is a lacking of Green Banking data as this is a lately concept.
 There are some financial constraints in my perspective that hamper my work.
 Customers of the bank are not fully known about Green Banking concept.
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2.1 Profile of Janata Bank Limited

Janata Bank, one of the largest commercial bank in the country, was established under
Bangladesh Bank (Nationalization) Order 1972 (Presidency Order of 1972). By taking over
branches of former United Bank Limited and Union Bank Limited, were two private banks
performing class banking over the country. After the birth of Bangladesh on 16th December
1971, newly formed Janata Bank for mass banking got special facilities from the government
to work as nationalized commercial bank all over the country. With the increase of
responsibility and by virtue of performance within a few years, it becomes the largest
commercial bank of the country with 906 branches including 4 overseas branches at United
Arab Emirates. It is linked with 1239 foreign correspondents all over the world. Total
employees of JBL are more than 14 thousand (14,244). Its head office located at Janata
Bhaban at Motijheel C/A, the heart of the capital city, Dhaka.
Corporatization
In 15 November, 2007 Janata Bank got registered with the Joint Stock of Registrars and
restructured it as a public limited company with the name Janata Bank Limited.
2.2 Corporate Information

Name of the Company : Janata Bank Limited
Registered Office : Janata Bhaban 110, Motijheel Commercial
Area, Dhaka, Bangladesh
Legal Status : Public Limited Company
Date of Incorporation : 21 May 2007
Date of Commencement of Business: 31 May 2007
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Chairman : Shaikh Md. Wahid-uz-Zaman
CEO & Managing Director : Mr. Md. Abdus Salam, FCA
Deposit (31.12.2016) : Tk. 641,819 million
Loans and Advances (31.12.2016) : Tk. 403,037 million
Authorized Capital (31.12.2016) : Tk. 30,000 million
Paid up Capital (31.12.2016) : Tk. 19,140 million
Operating Profit (31.12.2016) : Tk. 10,038 million
Reserve (31.12.2016) : Tk. 2,605.48 million
Total asset (31.12.2016) : Tk. 778,603.91 million
Number of Branches : 906 br. including 4 overseas branches at U.A.E
Subsidiary Companies : 1. Janata Capital and Investment Company Ltd.
2. Janata Exchange Company SRL, Italy
Phone Number : 9560000, 9566020, 9556245-49, 9565041-45,
9560027-30
E-mail : [email protected]
SWIFT : JANBBDDH
Website : www.jb.com.bd , www.janatabank-bd.com
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2.3 Board of Directors

Board of Directors, constituted by 13 (Thirteen) members, has authority to organize, operate
and manage its affairs on commercial consideration within the Board Policy of government.
The Directors are representatives from both public and private sectors. Members of the Board
including M.D are government appointed out of that at least three have the experience in the
field of Finance, Banking, Trade, Commerce, Industry and Agriculture. The managing
director is the chief Executive of Bank. The Board of Directors is composed of 13 (Thirteen)
members headed by a Chairman. The name and position of directors are as under.
Chairman of the Board of Directors
Shaikh Md. Wahid-uz-Zaman
Members of the Board of Directors
Dr. Jamaluddin Ahmed, FCA
Mr. Md. Emdadul Hoque
Mr. Nagibul Islam Dipu

Dr. R M Debnath
Syed Bazlul Karim, B.P.M.

Prof. Mohammad Moinuddin
Mr. Md. Abu Naser

Mrs. Sangita Ahmed
Prof. Dr. Nitai Chandra Nag
Mr. A.K.M Kamrul Islam, FCA

Mr. Md. Mahabubur Rahman Hiron
Mr. Md. Abdus Salam, CEO & Managing Director
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2.4 Management
Janata Bank is the largest commercial bank of the country. It has 906 branches throughout the
country and abroad to serve the nation. There are 4 overseas branches at U.A.E. The Head
Office of the bank is located at Janata Bhaban 110 Motijheel C/A, Dhaka. It has 15 GM, 77
DGM 192 AGM, 576 First AGM, 1037 SEO, 3085 EO and 460 AEO. Principal Offices are
headed by First AGM and each department is headed by AGM.
Head Office
G.M Office
Area Office
Regional Office
Branch
Figure: 2. Functional Hierarchies
2.5 Vision of the Janata Bank Limited

To become the effective largest commercial bank in Bangladesh to support socio-economic
development of the country and to be a leading bank in South Asia.
2.6 Mission of the Janata Bank Limited

Janata Bank Limited will be an effective commercial bank by maintaining a stable growth
strategy, delivering high quality financial products, providing excellent customer service
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through an experienced management team and ensuring good corporate governance in every
step of banking network.
2.7 Objectives of the Janata bank limited

The objectives for which the bank is established as follows:
 To carry on, transact, undertake and conduct the business of banking in all branches. 

 Full implementation and utilization of the Bank’s excellence program which
aims to provide services to customers. 

 To carry on business as financiers, promoters, capitalists, financial and monitory
agents, concessionaires and brokers, dealing in exchange, securities and all kinds of
mercantile banking.
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3.1 History of Green Banking

Green Banking is any form of banking from that the country and nation gets environmentally
benefits. An orthodox bank becomes a green bank by directing its core operations toward the
betterment of environment. The banking sector can play an intermediary role between
economic development and environment protection by promoting environmentally
sustainable and socially responsible investment. The concept of green banking was developed
in the western countries. Green Banking was formally started in 2003 with a view to
protecting the environment. Then the Equator Principles (EPs) were launched and were
initially adopted by some leading global banks, such as Citigroup Inc. The Royal Bank of
Scotland, Westpac Banking Corporation. In March 2009, Congressman Chris Van Hollen of
USA introduced a Green Bank Act with the aim of establishing a green bank under the
ownership of the US government. After introduce the Green Banking initial decision was to
minimize the paper use in banking works because to make all kinds of papers need to cutting
trees as raw materials (its minimize the green forestation) and this reason naturally its reduce
the Oxygen and increase the carbon-dioxide in airspace/ globe. There are two ways of green
banking practices. One is in-house green banking; another is practice by the bankers in their
business area. Creating clean and hygienic banking environment, green building,
reforestation, online banking, waste management, installation of solar panel on the rooftop of
the bank and using high mileage vehicles, reducing sound pollution, using webcam for video
conferencing instead of physical meetings, online statements, emailing documents are
included in the in-house Green Banking. Financing the green projects like Biogas Plant,
Solar/Renewable Energy Plant, Bio-fertilizer Plant, Effluent Treatment Plant (ETP), Projects
having ETP etc. Working on specific green projects, voluntary activities of banks are major
practices by the bankers in their business areas. Green banking undertakes proactive
measures to protect environment and to address climate change challenges while financing
along with efficient use of renewable, non-renewable, human and natural resources.
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3.2 Features
Some important features of green banking operations are as follows:
 Banks can help environment through automation and online banking.

 Green banking focuses on social safety and security through changing the
negative impacts of the society.
 In financing, it always gives priority to investments / loans which consider risk
factors regarding environmental conditions.
 It always cares for sustainable and green growth in industrialization and for
social purposes.
 It creates a congenial atmosphere inside and outside the bank.
 It considers the clients as its family members, and as such, guide and supervise
the projects to reduce pollution and thus implement scientific methods in the
real sense by implementing environmental due diligence (EDD) checklist.
 It reduces cost and energy, thus saving money and increasing GDP of a
country.
 It changes the mental faculties of the officials and customers, in line with
green sensibilities.
 It helps institutions; men and the nation in general live with dignity.
3.3 Policy Guidelines for Green Banking

We are aware that global warming is an issue that calls for a global response. The rapid
change in climate will be too great to allow many eco-systems to suitably adapt, since the
change have direct impact on biodiversity, agriculture, forestry, dry land, water resources and
human health. Due to unusual weather pattern, rising greenhouse gas, declining air quality
etc. society demands that business also take responsibility in safeguarding the planet. Green
finance as a part of Green Banking makes great contribution to the transition to resource-
efficient and low carbon industries i.e. green industry and green economy in general. Green
banking is a component of the global initiative by a group of stakeholders to save
environment.
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3.3.1 Bangladesh Bank’s Earlier Initiatives
BB is well aware of the environmental degradation situation as mentioned above and has
already given time to time directions to all scheduled banks. Commercial Banks are now
required to ensure necessary measures to protect environmental pollution while financing a
new project or providing working capital to the existing enterprises. Banks have been advised
to facilitate their clients with utmost care in opening Letter of Credit (L/C) for installation of
Effluent Treatment Plant (ETP) in the industrial units. Banks have been advised to finance in
Solar Energy, Bio-gas, ETP and Hybrid Hoffman Kiln (HHK) in brick field under refinance
program of BB. A comprehensive guideline on Corporate Social Responsibility (CSR) has
been issued where banks have been asked to concentrate hard on linking CSR at their highest
corporate level for ingraining environmentally and socially responsible practices and
engaging with borrowers in scrutiny of the environmental and social impacts. Banks have
been brought under the purview of E-commerce with a view to providing the customers with
online-banking facilities covering payments of utility bills, money transfer and transactions in
local currency through internet as well. Considering the adverse effects of Climate Change,
banks have been advised to be cautious about the adverse impact of natural calamities and
encourage the farmers to cultivate salinity resistant crops in the salty areas, water resistant
crops in the water locked and flood prone areas, drought resistant crops in the drought prone
areas, using surface water instead of underground water for irrigation and also using organic
fertilizer, insecticides by natural means instead of using chemical fertilizer and pesticides.
3.3.2 Adoption of Green Banking Policy
Now it is the high time for the banks to adopt a comprehensive Green Banking Policy in a
formal and structured manner in line with global norms so as to protect environmental
degradation and ensure sustainable banking practices. With a view to developing green
banking practices in the country, an indicative Green Banking Policy and Strategy framework
has been developed for the banks in the following manner:
Green Banking Policy needs to be covered through time frame work which will be segregated
into 3 phases.
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3.4 Phase-I
Banks are to develop green banking policies and show general commitment on environment
through in-house performance. The time lining for the actions to be taken under Phase-I
should not exceed December 31, 2011.
Chart – 01: Guidelines under Phase 1
Sources: Annual Report (2012) on Green Banking of Bangladesh Bank
3.4.1 Policy Formulation and Governance
Bangladesh Bank provides following guidelines on “Policy Formulation and Governance”

under Phase -1. Bank shall formulate and adopt broad environmental or Green Banking
policy and strategy approved by their Board of Directors. A high powered Committee
comprises of directors from the Board in case of scheduled Bangladeshi Banks and a high
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powered committee comprises Regional Chief of Global Office and members from the top
management including CEO in case of Foreign Banks should be responsible for reviewing
the banks environmental policies, strategies and program. Bank shall approve a considerable
fund in their annual budget allocation for green banking. Banks are required to establish a
separate Green Banking Unit or Cell having the responsibility of designing, evaluating and
administering related green banking issues of the bank. A senior executive should be assigned
with the responsibility of heading the unit. The unit will report to the high powered
committee time to time.
3.4.2 Incorporation of Environmental Risk Management
Banks shall comply with the instructions stipulated in the detailed guidelines on
Environmental Risk Management (ERM) in consideration of a part of the Green Banking
Policy. Bank shall incorporate Environmental and Climate Change Risk as part of the
existing credit risk methodology prescribed to assess a prospective borrower. This will
include integrating environmental risks in the checklists, audit guidelines and reporting
formats. All of this will help mainstream Environmental Risk that cover possible sources of
Environmental Risk such as Land use, Climate change related events (cyclone, drought),
animal diseases/pathogens such as avian influenza, solid waste including waste feed, animal
waste, carcasses, sediments, wastewater discharges, hazardous materials, etc. will be
reviewed under Environmental Due Diligence (EDD) checklists.
3.4.3 Initiating In-house Environment Management
Banks shall prepare an inventory of the consumption of water, paper, electricity, energy etc.
by its offices and branches in different places. Then it should take measures to save
electricity, water and paper consumption. A 'Green Office Guide' or at least a set of general
instructions should be circulated to the employees for efficient use of electricity, water, paper
and reuse of equipment. In place of relying on printed documents, online communication
should be extensively used (where possible) for office management and make sure that the
printers are defaulted to duplex for double-side printing to save papers. Banks may apply Eco
font in printing to reduce use of ink, use scrap paper as notepads and avoid disposable
cups/glasses to become more eco- friendly. Installation of energy efficient electronic
equipment’s and automatic shutdown of computers, fans, lights, air coolers etc. will help
reducing electricity consumption. Energy saving bulbs should replace normal bulbs in
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branches/offices of the banks. Banks should make plan to use solar energy at their premises
to save electricity. Bank should take steps to save energy from corporate business travel and
encourage employees to purchase energy efficient cars (that consume less fuel) can reduce
gas and petroleum consumption.
3.4.4 Introducing Green finance
Eco friendly business activities and energy efficient industries will be given preference in
financing by bank. Environmental infrastructure such as renewable energy project, clean
water supply project, wastewater treatment plant, solid & hazardous waste disposal plant,
bio-gas plant, bio-fertilizer plant should be encouraged and financed by bank. Consumer loan
programs may be applied for promoting environmental practices among clients.
3.4.5 Creation of Climate Risk Fund
Bank should finance the economic activities of the flood, cyclone and drought prone areas at
the regular interest rate without charging additional risk premium. However, banks should
assess their environmental risks for financing the sectors in different areas for creating a
Climate Change Risk Fund. This will be used in case of emergency. The bank would ensure
regular financing flows in these vulnerable areas and sectors. The fund could be created as
part of banks’ CSR expenses.
3.4.6 Introducing Green Marketing
Green marketing is the marketing of products that are presumed to be environmentally safe.
Green marketing incorporates a broad range of activities, including product modification,
changes to the production process, packaging changes, as well as modifying advertising. It
refers to the process of selling products and/or services based on their environmental benefits.
Such a product or service may be environmentally friendly in it or produced and/or packaged
in an environmentally friendly way. Banks should use environmental causes for marketing
their services to consumer. Green marketing is expected to help awareness development
among common people.
28
3.4.7 Online Banking
Online banking is the practice of making bank transactions or paying bills via the Internet on
a secure website of the respective bank that allows the customers to make deposits,
withdrawals and pay bills. Banks should give more emphasis to make the easiest way to help
environment by eliminating paper waste, saving gas and carbon emission, reducing printing
costs and postage expenses.
3.4.8 Supporting Employee Training, Consumer Awareness and

Green Event
Employee awareness development and training on environmental and social risk and the
relevant issues should be a continuous process as part of the bank's Human Recourse
Development. Awareness development among consumers and clients would be a continuous
job of a bank under its public relation department.
3.4.9 Disclosure and Reporting of Green Banking Activities
Banks shall report on the initiatives/practices to BB and disclose in their respective websites.
3.5 Phase-II
The time lining for the actions to be taken under Phase-II should not exceed December 31,
2012.
29
3.5.1 Sector Specific Environmental Policies
Banks need to formulate strategies to design specific policies for different environmental
sensitive sectors such as Agriculture, Agri-business (Poultry & Dairy), Agro farming,
Leather(Tannery), Fisheries, Textile and Apparels, Renewable Energy, Pulp and Paper, Sugar
and distilleries, Construction and Housing, Engineering and Basic Metal, Chemicals
(Fertilizers, Pesticides and Pharmaceuticals), Rubber and Plastic Industry, Hospital/Clinic,
Chemical Trading, Brick Manufacturing, Ship breaking etc.
3.5.2 Green Strategic Planning
A bank should determine green targets to be attained through strategic planning. Bank should
determine a set of achievable targets and strategies, and disclose these in their annual reports
and websites for green financing and in-house environment management as well. For in-
house environment management, the target areas should cover attaining energy efficiency in
the form of the use of renewable energy, reduction of electricity, gas, and petrol consumption,
reduction of Green House Gas(GHG) emissions, issuance of e-statements, electronic bill pay,
saving papers, environment friendly office buildings etc. For Green Financing, the target
areas should cover reducing loans for certain environmentally harmful activities, attaining a
particular percentage of environmental loans as percentage of total, introducing eco-friendly
financial products etc.
3.5.3 Setting up Green Branches
A Green Branch should be featured by the provision of the maximum use of natural light, use
of renewable energy, use of energy saving bulbs and other equipment, reduced water and
electricity use, use of recycled water etc. Such a branch of a bank would be specifically
designated as a ‘Green Branch’. A Green Branch will be entitled to display a special logo
approved by Bangladesh Bank. The criteria for certification of a ‘Green Branch’ will be
circulated by Bangladesh Bank in due course of time.
3.5.4 Improved In-house Environment Management
Strategy of reuse, recycling of materials and equipment’s, and source reduction and waste
minimization strategy should be part of in-house environmental management in Phase-II.
30
Banks should increasingly rely on virtual meeting through the use of video conferencing in
lieu of physical travel which would help saving cost and energy.
3.5.5 Formulation of Bank Specific Environmental Risk

Management Plan and Guidelines
A bank should develop and follow an environmental risk management manual or guidelines
in their assessment and monitoring of project and working capital loans. In addition to the
compliance of national regulation the bank may set internationally accepted higher
environmental standards. In this connection, Green initiatives by a group of banks will not
only be effective but will also offer competitive advantage. Bank alliances may prepare
standard and guidelines for themselves for improving Green Banking practices.
3.5.6 Rigorous Programs to Educate Clients
Clients and business houses should be encouraged and influenced to comply with the
environmental regulations and undertake resource efficient and environmental activities.
Banks should introduce rigorous programs to educate clients.
3.5.7 Disclosure and Reporting of Green Banking Activities
Banks should start publishing independent Green Banking and Sustainability reports showing
past performances, current activities, and future initiatives. Updated and detailed information
about banks environmental activities and performances of major clients should be disclosed.
3.6 Phase-III
A system of Environmental Management should be in place in a bank before the initiation of
the activities of Phase-III. Banks are expected to address the whole eco-system through
environment friendly initiatives and introducing innovative products. Standard environmental
reporting with external verification should be part of the phase.
The time lining for the actions to be taken under Phase-III should not exceed December 31,
2013.
31
3.6.1 Designing and Introducing Innovative Products
Alongside avoiding negative impacts on environment through banking activities, banks are
expected to introduce environment friendly innovative green products to address the core
environmental challenges of the country.
3.6.2 Reporting in Standard Format with External Verification
Banks should publish independent Green Annual Report following internationally accepted
format like Global Reporting Initiatives (GRI) targeting their stakeholders. There should be
arrangement for verification of these publications by an independent agency or acceptable
third party.
3.7 Reporting Green Banking Practices on

Quarterly Basis
Banks shall report their initiatives/activities under the said program to the Department of Off-
site Supervision of Bangladesh Bank on quarterly basis. Banks shall submit their first
quarterly report on June 30, 2011 basis within July 15, 2011 and similarly they will be
required to continue to submit reports on the subsequent quarters within the next 15 days of
32
the respective quarter end. Banks shall keep their annual report and websites updated with the
disclosures on green banking initiatives/activities.
The compliant banks practicing Green Banking will have the following preferential
treatments:
(i) BB will award points to banks on Management component while computing CAMELS
rating where there will ultimately be a positive impact on overall rating of a bank.
(ii) BB will declare the names of the Top Ten Banks for their overall performance in green
banking activities in the BB websites.
(iii) BB will actively consider green banking activities/practices of a bank while according
permission for opening new bank branch.
3.8 Being Ethical and Environment Friendly
3.8.1 Ethical banks
A green bank must be ethically motivated as a social, alternative or sustainable bank

concerned with social and environmental impacts of its investments and other matters.
Ethical banks are the larger social movement towards social and environmental responsibility
in the financial sector. This movement includes ethical investment, socially responsible
investment, rendering corporate social responsibility. Thus it shows its separate quality and
entity other than the banks not abiding by the special rules. Ethical banks, sometimes, work
with lesser profit than the traditional ones. They do not always run on the basis of their
interest, rather they think about the overall sustainable growth and development of a country.
3.8.2 Features
In general, conventional banks are based on security and profitability, and as such they are
reluctant to broaden the scope of their external ethical policies. Now the theme has changed
because of international propaganda on green banking activities. Especially the Islamic banks
and financial institutions introduced and rendered green banking system and CSR activities in
a big way. Green banks must abide by ethical obligations which require an objective way to
determine ethical values by exploring their responsibilities towards mankind. Banks should
change their behavior in line with socio-economic situations, improving environmental
33
conditions in their own arena. Broad objective of green banking is to use resources with
responsibility and giving priority to environment and society. It is not just another corporate
social responsibility (CSR) activity rather all-out effort to keep this world livable without
much damage. Features of being ethical and environment friendly are given below…
 To foster green banking practices in the country, BB formulated the ‘Green

Banking Policy and Strategy framework’ and ‘Environmental Risk
Management Guidelines’ in a consultative manner. Many banks are now
financing environmental friendly projects.
 BB has introduced a refinance scheme worth BDT 2 billion (USD 25 million)
to refinance loans to effluent treatment plants (ETPs), solar panels, bio-gas
plants and HHK technology in brick making industry at a 5% interest rate
provided by banks and Non-Bank Financial Institutions.
 So far, BB refinanced for BDT 132.4 million (USD 1.7 million) in Bio- gas,
BDT 60 million (USD 0.75 million) in Solar Home System and BDT 18.8
million (USD 0.24 million) in solar driven irrigation pump, BDT 27 million
(USD 0.34 million) in ETP, BDT 20 million (USD 0.25 million) in Brick
Making Industry (HHK Technology) and BDT 248.8 million (USD 3.11
million) in Solar PV module assembling Plant a total of BDT 506.9 million
(USD 6.34 million).
 BB has installed a 20-kilowatt solar panel on the rooftop of its own building.
 BB started Automated Clearing House, Online CIB, e- Banking, e-Commerce,
Mobile Banking, e-Tendering, e- Recruitment, e-Noting etc. in order to reduce
unnecessary wastage of papers.
 Preferential treatments for environmentally compliant banks have been taken
into consideration. BB will award points to banks on the criteria of
‘management’ while computing CAMELS rating where there will ultimately
be a positive impact on overall rating of a bank.
 BB will actively consider green banking activities/practices of a bank while
according permission for opening new bank branches. SME/Agriculture bank
branches to be established/opened after 20 June 2011 will be required to be
eco-friendly ensuring that a solar panel is installed at the branch.
 BB will declare the names of the top ten banks for their overall performance in
green banking activities on the BB website.
34
3.9 Bangladesh Bank’s In-house green activities

BB is concentrating on its in-house green activities through the most effective utilization of
resources (power, gas, fuel, water, paper etc.).
 With a move towards encouraging green banking in Bangladesh, Bangladesh

Bank installed 8 kilowatts solar power system on its rooftop in March 2010.
This is now being extended to 20 kilowatts to cover more areas.
 LED bulbs are being installed to bring significant energy efficiency.
 As part of central bank automation, Bangladesh Automated Clearing House
(BACH),
 Credit Information Bureau online, Enterprise Resources Planning (ERP),
Enterprise Data Warehouse (EDW), tendering, and e-recruitment have come
into reality. National
 Payment is in live operation since 2012. Southeast, Pubali & BDBL are now
connected with NPSB and doing live transaction.
 The overall banking functions of Bangladesh Bank (including all departments
and branch offices relating to banking functions) have been brought under
automation by implementing the Banking Application Package that includes
Core Banking Module, Treasury Management Module and Market
Infrastructure module.
 All the departments of Bangladesh Bank Head Office and its nine branch
offices have_ already been brought under a computer network (LAN/WAN),
connecting more than 3,800 PCs.
 Environmentally harmful incineration of non-re-issuable damaged bank notes
is being phased out, resorting instead to shredding.
 Online salary and other necessary advice, personal file updated information,
office orders, notification online balance statements for all employees of BB,
electronic passes for visitors are instantly available.
 A recent initiative has been taken to convert the 30- storied building of
Bangladesh Bank into a Green Building with the modern facilities of rain
water harvesting, waste water recycling and motion sensor energy efficient
bulbs supported by window based solar panels.
35
36
4.1 Formulation of Green Banking Policy

Giving importance of environment protection the Board of Directors of JBL has approved a
Green Banking Policy outlined in line with BRPD Circular 02/2011 of Bangladesh Bank.
The policy has now been implemented in lending and internal environment management.
4.2 Green Banking Committee

Our Risk Management Committee acts as the Green Banking Committee. The Committee
evaluates and recommends environment friendly banking policy, strategy and activities to the
Board for approval on annual basis.
4.3 Green Banking Unit

We have a Green Banking Unit which is working under the Green Banking Committee
headed by a Deputy Managing Director.
The role, duties and responsibilities of the Unit are:
• Formulation and evaluation of environment friendly banking policy;
• Monitoring and supervision of Green Banking operations;
• Reporting Green Banking activities to the management, Green Banking Committee and
central bank on quarterly basis.
4.4 Green Banking Desk

A green banking desk is in place under the Risk Management Division to perform all green
banking initiatives and coordinates the green finance activities, green reporting etc.
4.5 Budget Allocation

We are aware of environmental degradation and so are giving priority in green finance. Our
budget in this sector was BDT 5000 million in 2016 which will be 4100 million in 2017.
37
(BDT in Million)
Year Budget
2017 4,100.00
2016 5,420.00
2015 5,000.00
2014 2,467.00
2013 2,380.00
We have given preference to eco-friendly business activities and energy efficient industries.
Environmental infrastructure such as renewable energy project, clean water supply project,
Effluent Treatment Plant (ETP) and projects with ETP, solid & hazardous waste disposal
plant, bio-gas plant, bio-fertilizer plant, brick fields having Hybrid Holfman Kiln (HHK)
technology are encouraged as a part of green financing practices. We are also financing in
various eco-friendly projects under re-financing scheme of Bangladesh Bank at a subsidized
rate of interest that includes:
 Loan to 333 solar panels

 Loan to 33 bio-fertilizer plants
 Loan to 45 biogas plants
 Loan to 15 HHK brick fields
 Loan to 46 Vermi composed fertilizer project
 Finance in Zig zag brick fields
4.6 Green Marketing, Awareness and Training

It is marketing of products and services based on environmental factors or awareness.
Presently we are advertising our products/ brand, notice, circular etc. through internet/
electronic media.
Employee awareness and training on environmental and social risk are much essential for
green banking campaign. JBL Staff College is continuously organizing training courses on
Green Banking to train up executives/officers. Credit departments are assigned for
38
developing knowledge/awareness among the consumers and clients on environmental

degradation and green banking.
4.7 Disclosure of Green Banking Activities

We have started publishing green banking and sustainability reports in our quarterly bulletin.
Initiatives/steps/projects that have taken as part of environment friendly activities are also
disclosed in our website and annual report.
We have complied of the following issues required for green banking policy:
 Own green banking policy

 Green Banking Committee and Green Banking Unit
 Budget allocation for green finance.
 Incorporation of Environmental Risk in the Credit Risk Management
 In-house environment protection initiatives
 Introduction of green guide
 Introduction of green product
 Introduction of green marketing
 Online banking
 Employee training and consumer awareness
 Green strategic plan
 Disclosure and reporting of Green Banking.
4.8 Outlook towards Green Banking

JBL has the following future plan to minimize environmental risk and achieve maximum
benefit from its eco-friendly investment:
 Focused on socially responsible investment;

 Designed to aid environmentally conscious businesses and consumers through better
loan rates and other incentives;
 Planned to increase sustainable green finance;
 Future plan to set up “Green Branch”;
39
 Installation of Solar Panels in branch offices;

 Green Finance in 50 products under Bangladesh Bank re-financing scheme.
 Introduction of Real Time Online banking in all of 910 branches within 2017.
 Arrangement of Training/Workshop to create awareness among the stake-holders.
 To manage environmental risk, the bank will design a proper environmental
management system.
40
41
5.1 Findings
 Janata Bank Ltd has already formed a green banking policy which is regulated by a
high powered committee approved by their Board of Directors.
 The bank has incorporated Environmental risk in CRM. The bank has financed TK
4,100.00 crore in this project.
 The bank properly maintains an account to calculate annual consumption of water,
electricity, paper, and fuel.
 The bank is lag behind in case of green marketing. Green marketing which consists of
environment friendly green products or services is not satisfactory enough.
 The bank faces the problem of not determining green targets to be attained through
green strategic planning.
 The bank does not well concentrate on improvement of in–house Environment
Management policy.
 The bank does not satisfactorily arrange rigorous programs to educate clients near the
branch area.
5.2 Recommendations
 The bank should inaugurate mobile banking.
 The bank should pay more concentration than that is now to green marketing. It
helps both to improve environment and to implement the guidelines regarding green
marketing.
 The branch should install a solar energy plants and should pay concentration on the
use renewal energy
 The bank should improve in–house infrastructure that ensure maximum use of day
light and minimize the use of electricity.
 The bank should arrange some rigorous program on green banking to encourage the
people for taking green loan.
 The bank should disclose separate report showing green initiative taken by the bank.
 The bank should pay more concentration on unfilled guidelines of green banking of
the three phases.
42
5.3 Conclusion
Global warming is the most concerning matter in present age. Industry and factory, the prime
catalyst of global warming, should put contribution to keep environment free from pollution.
Bank can play a vital rule to keep a friendly environment to survive. A bank uses much
electricity, paper, water and fuel to run its daily activities those ultimately comes from nature.
An excessive usage of these natural ingredients by bank pollutes the environment or
indirectly hampers the environment. To keep the environment free from pollution banks
should turn their activities into green banking activities. Green banking practices should be
followed by every bank. Banks should reduce the consumption of paper and water by
introducing online and internet banking systems and try to implement paperless banking
systems under green banking practices. Banks should ensure maximum use of day light to
reduce the usage of electricity. Banks should also finance in green sector to keep the
environment free from pollution. Janata Bank is a state-owned commercial bank
of Bangladesh established in 1971. It is the second largest commercial bank in Bangladesh.
The bank is maintaining a well-structured communication from top to bottom level. Each
official needs to be valued and treated as a part of the bank and they must have the privilege
to devote themselves for the betterment of service of the bank. Janata Bank places utmost
importance on environmental initiatives as well as green banking.
43
5.4 References
1. Annual Report on Green Banking (2012) of Bangladesh Bank. Retrieve from
https://www.bb.org.bd/pub/annual/green banking/2012/green_banking.php
2. Annual Report on Green Banking (2011) of Pubali Bank Limited. Retrieve from:
http://www.pubalibangla.com/download/greenbanking.pdf
3. Annual Report on Green Banking (2012) Rupali Bank Limited
4. Bangladesh Bank. Green Banking policy, viewed: July 21, 2012, Retrieved from
http://www.basicbanklimited.com/files/Green_Banking_Policy_Guidelines_of_Bangl
adesh_Bank.pdf
5. Chowdhury, M.A.A. and Dey, M. (2016) Green Banking practices in Bangladesh The
cost and Management. 44, 34-39. Retrieve from:
http://www.icmab.org.bd/images/stories/journal/2016/Mar-Apr/5.Green-Banking.pdf
6. Hayder, M. M. (2012). Green Banking and its Practices in Bangladesh. Term Paper,
Department of Finance and Banking, University of Chittagong. 35. Retrieve from:
https://www.scribd.com/doc/96449881/Green-Banking-and-Its-Practices-in-
Bangladesh-ID-07303125.
7. Islam, M.S. and Das, P.C. (2013) Green Banking Practices in Bangladesh. Journal of
Business and Management. 8(3), 33-44. Retrieve from: http://iosrjournals.org/iosr-
jbm/papers/Vol8-issue3/G0833944.pdf
8. Lalon, R.M. (2015) “Green Banking: Going Green”. International Journal of
Economics, Finance and Management Sciences. 3(1). 34-42. Retrieve from:
http://www.greengrowthknowledge.org/sites/default/files/downloads/resource/going_
green.pdf
9. Quarterly Report on Green Banking (July – Sep.2016) of Bangladesh Bank.
10. Rashid, M 2010, ‘Green banking comes to focus’, viewed:
http://www.thedailystar.net/newDesign/newsdetails.php?nid=154690
11. Star, D 2010, ‘Green banking comes to focus’, viewed: August 7,2012
http://www.thedailystar.net/newDesign/newsdetails.php?nid=154690
12. Thombre, K. A. (2011). The New Face of Banking: Green Banking. Research Paper–
Commerce. 1(2). 1-4.
44
13. Ullah, M. M. (2013). Green Banking in Bangladesh-A Comparative Analysis: World

Review of Business Research. 3(4), 74-83. Retrieved from:
https://www.scribd.com/document/295773119/7-Maruf
14. www. bangladeshbank-bank.org
15. Annual report of Janata Bank Limited 2016.
45
46
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Green Banking Activities: A Study on Janata Bank Limited

Internship Report on:

“Green Banking Activities: A Study on Janata Bank Limited”

Date of Submission: October 25, 2017

October 25, 2017

Subject: Prayer for the Submission of the internship report.

If you need any more information, please let me inform.

Md. Maniul Islam

Md. Maniul Islam

জজজজ জজজজজজ জজজজজজজ

TO WHOM IT MAY CONCERN

I wish his every success and prosperity in all his efforts.

4.5 Budget Allocation 37

1.1 Background of The Study

1.2 Objectives of the Study

1.3.1 General Objective.

1.3.2 Specific Objectives.

 To understand the core concept of Green Banking.

1.3 Literature Review

Source: Bangladesh Bank Annual Report 2012.

1.4 Rational of the Study

1.5 Scope of the Study

1.6.1 Nature of the Study

Primary Sources: Primary data is collected through discussion with.

Secondary Sources: Secondary data is collected from the following sources

1.6.3 Data Collection

1.6.4 Data Analysis and Report Writing

1.7 Limitation of the Study

2.1 Profile of Janata Bank Limited

2.2 Corporate Information

Registered Office : Janata Bhaban 110, Motijheel Commercial

Area, Dhaka, Bangladesh

Legal Status : Public Limited Company

Date of Incorporation : 21 May 2007

Date of Commencement of Business: 31 May 2007

Chairman : Shaikh Md. Wahid-uz-Zaman

CEO & Managing Director : Mr. Md. Abdus Salam, FCA

Deposit (31.12.2016) : Tk. 641,819 million

Loans and Advances (31.12.2016) : Tk. 403,037 million

Authorized Capital (31.12.2016) : Tk. 30,000 million

Paid up Capital (31.12.2016) : Tk. 19,140 million

Operating Profit (31.12.2016) : Tk. 10,038 million

Reserve (31.12.2016) : Tk. 2,605.48 million

Total asset (31.12.2016) : Tk. 778,603.91 million

Number of Branches : 906 br. including 4 overseas branches at U.A.E

Subsidiary Companies : 1. Janata Capital and Investment Company Ltd.

2. Janata Exchange Company SRL, Italy

Phone Number : 9560000, 9566020, 9556245-49, 9565041-45,

Website : www.jb.com.bd , www.janatabank-bd.com

2.3 Board of Directors

Chairman of the Board of Directors

Shaikh Md. Wahid-uz-Zaman

Members of the Board of Directors

Dr. Jamaluddin Ahmed, FCA

Mr. Md. Emdadul Hoque

Mr. Nagibul Islam Dipu

Syed Bazlul Karim, B.P.M.

Mr. Md. Abu Naser

Mr. A.K.M Kamrul Islam, FCA