Internship Report

On
“Evaluating Green Financing Activities: A Study on
Janata Bank PLC”

Supervised By
Muhammad Shajib Rahman
Assistant Professor
Department of Accounting & Information Systems
Comilla University, Kotbari, Cumilla-3506, Bangladesh

Prepared by
Md. Abdur Rakib Asif
Session: 2019-20
Roll No: 12006051
Registration No: 12006051
Department of Accounting and Information Systems
Comilla University, Kotbari, Cumilla-3506, Bangladesh

Date of Submission: January 30, 2025

 Evaluating Green Financing Activities: A study on Janata Bank PLC

Internship Report
On
EVALUATING GREEN FINANCING
ACTIVITIES: A STUDY ON JANATA BANK PLC.

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 Evaluating Green Financing Activities: A study on Janata Bank PLC

Internship Report
On
“Evaluating Green Financing Activities: A Study on
Janata Bank PLC”

Supervised By
Muhammad Shajib Rahman
Assistant Professor
Department of Accounting & Information Systems
Comilla University, Kotbari, Cumilla-3506, Bangladesh

Prepared by
Md. Abdur Rakib Asif
Session: 2019-20
Roll No: 12006051
Registration No: 12006051
Department of Accounting and Information Systems
Comilla University, Kotbari, Cumilla-3506, Bangladesh

Date of Submission: January 30, 2025

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Evaluating Green Financing Activities: A study on Janata Bank PLC

DEDICATED TO
MY BELOVED
PARENTS
AND
HONOURABLE INTERNSHIP
SUPERVISOR
Muhammad Shajib Rahman

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 Evaluating Green Financing Activities: A study on Janata Bank PLC

Letter of Transmittal

January 30, 2025

Muhammad Shajib Rahman
Assistant Professor
Department of Accounting & Information Systems
Comilla University, Kotbari, Cumilla-3506, Bangladesh
Subject: Submission of the BBA Internship Report.

Dear Sir,
With the due respect I would like to state that, I have completed the internship program with
“Janata Bank” (Kotbari Branch). It is a pleasure for me to be able to present my internship
report on “Evaluating Green Financing Activities of Janata Bank Plc”. I express my
gratitude to you for your continuous support that made me possible to complete the report. I
remember that you inspired me a lot to complete this report.
Therefore, I would like to express my heartiest gratitude to you for your full-hearted
inspiration, instructions and valuable advices. Thank you for accepting the report. I am very glad
to submit the report to you.
Sincerely Yours,

…………………………………..
Md. Abdur Rakib Asif
ID NO: 12006051
Session: 2019-2020
Department Accounting & Information Systems,
Comilla University.

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Preface
To acquire a complete knowledge about any particular topic it is essential to combine practical
knowledge and bookish knowledge. Bookish knowledge is theoretical knowledge and practical
knowledge is real knowledge. Therefore through, consolidating two kinds of knowledge we
can get a complete knowledge. That is why, Department of Accounting & Information
Systems, Comilla University has introduced an internship program for the students of
Bachelors of Business Administration (BBA). The students are advised to go to the different
industrial organization and banking sector to acquire practical knowledge and to prepare a
report on it. In preparing this report, I have worked for three months in Janata Bank Ltd to gain
practical knowledge. This report has been prepared on the basis of my practical knowledge and
collected information. Some limitation exists in my report but I paid my best effort to prepare
this report. As part of my BBA program, it is essential to complete 3 months internship
program. Internship is not only essential for practical experience but also necessary for the
understanding of corporate culture and also to cope with the daylong working environment. As
I have a keen interest in banking operation, so I prefer Janata Bank for internship program.
Where I have learned how the bank personnel maintain their daily operation in proper way. I
have worked with all the officers and the entire department with sincerely. They have shown
their sincerity in teaching. But everybody is not with the same family background, and it is not
expectable to get sincere help from every officers. This is also a part of learning in work place.
However, bank mainly deals with money for that reason they should be very careful about their
specific task. There is a saying that “in banking operation there is no excuse for wrong
operation”. So, everyone is enough conscious here. To perform this task a systematic and
organized process is required. All the officers are responsible for their tasks, and we know that
banking job is a target-oriented job. I have tried according to the best of my capacity to prepare
and submit this report in a better way within a very short period. If there is any error, kind
considerations are requested. My report will be a successful one, when it will at least help a
little bit to a student or to a researcher or the other users.

Md. Abdur Rakib Asif Date: January 30, 2025.

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Student’s Declaration
My name is Md. Abdur Rakib Asif, bearing ID BBA-12006051, student of the BBA program
of Comilla University. My major was in AIS; do hereby declare that the internship report
entitles “Evaluating Green Financing Activities of Janata Bank Plc” is an original. The
work is assigned by me for partial fulfilment of my BBA degree and as a part of the academic
curriculum. It has not been submitted by me before for any other degree.

……………………………….. Date: January 30,2025

Md. Abdur Rakib Asif
BBA Program
ID NO: 12006051
Department of Accounting & Information Systems
Comilla University

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Letter of Acceptance
This is to Md. Abdur Rakib Asif certify that student of Comilla University Bearing ID No:
BBA-12006051 under faculty of Business Administration has done an internship report titled
“Evaluating Green Financing Activities: A Study on Janata Bank PLC” at Kotbari Branch
under my supervision.
The student is found to be intelligent, sincere and hardworking. The student has put in a lot of
work and has also brought forth his views and ideas which are being studied for implementation
at appropriate time. It is a record of internship carried out by Md. Abdur Rakib Asif under my
supervision. No part of the project has been submitted for any degree, diploma, and title of
recognition before.
I wish him every success in his future endeavor.

………………………………………….. Date: January 30,2025

Muhammad Shajib Rahman
Assistant Professor
Department of Accounting & Information Systems
Comilla University

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Bank’s Certificate

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Acknowledgement
Firstly, I would like to thank Almighty Allah for giving me the capability of completing this
internship report within the proper time successfully. I am also grateful to my family for
supporting me during the making term of this report. With that, I was more grateful to my
parents, who gave me the opportunity to study the renowned university of Bangladesh. Then I
would like to thanks my supervisor Muhammed Shajib Rahman, Assistant Professor,
Department of AIS. He gives me his expensive guideline which helps me to complete my
internship report. It may concern to say that without his cooperation it was impossible to fulfill
my internship report.
I would also like to thank, Syed Mominul Haque, Assistant Vice President (AVP) and
Manager, Janata Bank Plc, Kotbari Branch who helps me a lot to learn about banking activities.
I would also like to thank second manager Gulam Qibria, manager operations who also helps
me to learn and all employee of this who cooperates with me learn about how they actually
work.
Paying my hearty appreciation to all of these leading people for their great cooperation, this will
always be remembered by me.

Md. Abdur Rakib Asif Date: January 30, 2025.

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Executive Summary
This report, titled “Evaluating Green Financing Activities of Janata Bank PLC,” provides an
in-depth exploration of the bank's green financing initiatives. It emphasizes the various green
financing products offered by the bank, their potential benefits for customers, and their overall
contribution to the bank's financial performance and sustainability objectives. The study also
identifies the most popular green financing schemes among customers and evaluates their
impact on both customer satisfaction and the bank's profitability.
To compile this comprehensive report, I utilized a mixed-method approach, including a
customer survey and interviews with the branch manager and officers of Janata Bank PLC,
Kotbari Branch, Cumilla. Additional insights were drawn from my hands-on internship
experience at the bank and its official website, further enriching the depth and accuracy of the
findings. Janata Bank PLC is highly proactive in developing innovative and customer-centric
financial products, including an array of green financing schemes. These products aim to
promote sustainable development while addressing customer needs with a focus on
environmental conservation. The bank’s emphasis on green products is aligned with its broader
commitment to corporate social responsibility and its strategic goal to balance profitability
with sustainability.
The report begins with a comprehensive overview of the organization, including its history,
mission, vision, core values, strategic objectives, and operational strategies. This section also
provides a detailed look at the bank’s organizational structure, its overall business activities,
and its approach to fostering a robust and sustainable financial ecosystem.
The project-specific section transitions into a detailed examination of green financing. It
introduces various green products offered by Janata Bank PLC, such as loans for renewable
energy projects, energy-efficient appliances, and environmentally sustainable businesses. Each
product is explained in detail, with an emphasis on its features, eligibility criteria, and
associated benefits for customers.
To contextualize the analysis, the report presents the problem statement, scope of the study,
objectives, and key research questions. A literature review follows, summarizing previous
studies and theoretical perspectives related to green financing and sustainable banking. The
methodology chapter describes the research design, data collection techniques, and analytical
tools employed to conduct the study.

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The core analytical section of the report provides an interpretation of both primary and
secondary data. This includes a SWOT analysis to identify the strengths, weaknesses,
opportunities, and threats associated with Janata Bank’s green financing initiatives.
Additionally, a detailed performance analysis evaluates the impact of various green products
on the bank’s financial growth and sustainability efforts. Growth rates and trends over recent
years are analyzed using quantitative data, providing insights into how green financing
contributes to the bank’s overall performance metrics.
The findings highlight significant achievements in promoting green products, alongside
challenges such as customer awareness gaps and operational limitations. Based on these
insights, the report offers actionable recommendations aimed at improving product design,
marketing strategies, and operational efficiency to maximize the impact of green financing.
The study concludes with a summary of the key takeaways, reinforcing the role of Janata Bank
PLC in driving sustainable financial practices. Finally, the report includes a comprehensive
reference list citing secondary data sources, followed by an appendix containing supplementary
materials such as survey questionnaires and interview transcripts.

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Table of Contents

Serial No. Contents Page No.

Statutory Elements
Letter of Transmittal IV
Preface V
Student’s Declaration VI
Letter of Acceptance VII
Bank’s Certificate VIII
Acknowledgement XI
Executive Summary X
Chapter One: Introduction
1.1 Introduction
1.2 Origin of the Study
1.3 Scope of the study
1.4 Significance of the study 1-4
1.5 Objectives of the study

1.6 Methodology of the study

1.7 Limitations of the study

Chapter Two: Profile of Janata Bank PLC
2.1 Banking in Bangladesh

2.2 History of Janata Bank Plc

2.3 Mission of Janata Bank PLC

2.4 Vision of Janata Bank PLC

2.5 Objectives of Janata Bank PLC

2.6 Values of Janata Bank PLC

2.7 Ethical principles

2.8 Code of conduct 5-14

2.9 Logo of Janata Bank PLC

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2.10 Corporate information of Janata Bank PLC

2.11 Highlights of Janata Bank PLC

2.12 Hierarchy of Janata Bank PLC Management

2.13 Services provided by Janata Bank PLC

2.14 Special services provided by Janata Bank PLC

Chapter Three: Literature Review & Theoretical Framework

3.1 Literature Review

3.2 Definition of Green Financing

3.3 Green Financing Activities 15-27

3.4 Basic Concepts of Green Financing

3.5 Present Scenario of Green Financing in Bangladesh

Chapter Four: Green Financing Practice of Janata Bank PLC

4.1 Green Finance Unit

4.2 Green Financing Practice of Janata Bank PLC

28-34
4.3 ESG Model of Janata Bank PLC

4.4 Green Products of Janata Bank Plc

Chapter Five: Data Analysis

5.1 Introduction

5.2 Budget Allocation of Janata Bank PLC

5.3 Sector Wise Budget Allocation

5.4 Product Wise Budget Allocations 35-42

5.5 Disbursement Trend of BB Refinance Scheme
Comparison of GF Activities Between Janata Bank PLC &
5.6
Public Bank
Comparison of GF Activities Between Janata Bank PLC &
5.7
Private Bank
Chapter Six: Findings
6 Findings 43

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Chapter Seven: Recommendations & Conclusions

7.1 Recommendations
44-45
7.2 Conclusions

References 46-48

List of Tables
Table No. Table Name Page No
1 Corporate Profile of Janata bank Plc 9
2 Financial Highlights of Janata Bank Plc 10
3 Present scenario of green financing 27
4 Budget Allocation of Janata Bank PLC 35
5 Sector Wise Budget Allocation and Disbursement: 36
6 Budget allocation for ETP 37
7 Budget allocation for HHK 37
8 Budget allocation for Renewable Energy 38
9 Budget allocation for Bio gas 38
10 Budget allocation for Recyclable Goods 39
11 BB Refinance Scheme of green finance 39
Comparison GF activities between Janata Bank PLC and
12 41
Public banks
Comparison GF activities between Janata Bank PLC and
13 41
Private banks

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List of Figure
Figure No. Figure Name Page No
1 Three stages of sustainable finance 30
2 Budget Allocation for Green Finance 35
3 Sector Wise Budget Allocation and Disbursement 36
4 Budget allocation for ETP 37
5 Budget allocation for HHK 37
6 Budget allocation for Renewable Energy 38
7 Budget allocation for Bio gas 38
8 Budget allocation for Recyclable Goods 39
9 BB’s Refinance Scheme of green finance 40
Comparison GF between Janata Bank PLC and Public
10 41
Banks
Comparison GF between Janata Bank PLC and Private
11 41
Banks

List of Acronyms

Abbreviation Full Term

JB Janata bank
PLC Public Limited Company
GF Green Finance
ETP Efficient Treatment Plant
HHK Hybrid Holfman Kiln
BB Bangladesh Bank
CSR Corporate Social Responsibility
ESG Environmental Social Governance
EPC Energy Performance Certificate

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Chapter One: Introduction

1.1 Introduction
The goal of green finance is to pursue the coordinated development of financial activities,
environmental protection, and ecological balance. This study aims to examine the impact of
green finance on economic development and environmental quality. The impact of green
finance on environmental quality varies for different levels of economic development (Zhou,
Tang, & Zhang, 2020) .It is an essential way to cope with environmental pollution, promote
the transformation of industrial structure and upgrade, and finally construct a resource-
conserving and environment-friendly society and achieve the goal of sustainable
development(Gao, Tian, & Meng, 2023).Its policy is crucial for enterprises to participate in
environmental governance actively. This study investigated the impact of green finance
policies on corporate environmental, social, and governance (ESG) performance .The
conclusion of this paper helps improve the green finance policy system, enhance the awareness
and level of corporate ESG, and strengthen the collaborative governance of policies and
enterprises on environmental issues in combination with the mandatory environmental
regulations and incentive mechanisms to promote the green development of enterprises and
realize the goal of carbon neutrality. (X. Wang, Elahi, & Khalid, 2022).
The green investment in water, biodiversity protection, waste treatment, resources, and climate
change alleviation help in enhancing industrial production. Thus, for the enhancement of green
growth, the industries must adopt green financing by making investments in ecology, climate
change, and carbon reduction.(Fahim & Mahadi, 2022).The banking industry has a great
chance to offer a solution in terms of green financial solutions and can meet the needs of carbon-
conscious organizations to combat and defend our planet. Therefore, in light of this, according
to (Ali, Seraj, Turuc, Tursoy, & Raza, 2023), this is the first study to investigate the role of
banking sector development, economic growth, and clean energy consumption in scaling up
green finance investment in South Asian nations, taking carbon emissions, foreign direct
investment, remittances, inflation, and trade openness as control variables investment,
remittances, and trade openness play a positive role in attracting green finance in the long term.
The importance of green finance, clean energy, and green financial instability have been
identified as major variables. According to the study's overall findings, clean energy, green
finance, and sustainable economic growth are all important and positive indicators of a
composite assessment of sustainable practices. Green bonds, reducing greenhouse gas

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emissions, and green economic development all play an important part in green finance
development and renewable energy production (Sadiq et al., 2022).
Most of the world's rising carbon emission results from industrial activities. Previous industrial
revolutions did not put much thought into safeguarding the natural world. Governments
worldwide have been continuously implementing regulations and policies for the mitigation of
climate change to promote sustainable development. To achieve decarbonization, the climate
change discussion is merged with Industry. where green finance (GF) plays a crucial role.
According to (Dhayal et al., 2023) They gave six major themes: Green Innovations (GI), Green
Manufacturing Practices (GMP), Circular Economy (CE), Green Supply Chain Management
(GSCM), Emerging Economies, and Net Zero Economy (NZE). Moreover, it aims to garner
the attention of different stakeholders to integrate these two concepts of research to attain the
goal of sustainable development. Environmental sustainability is an umbrella approach
depending on various climatic and economic policies. In doing so, the current study empirically
evaluates the role of green finance, eco-innovation, and environmental policy stringency on the
ecological footprint. he bi-direction causality is observed among all variables at several
quantiles. The current study offers policymakers helpful suggestions on enhancing the positive
effects of environmentally supported innovation, green finance, and stringent environmental
policies on the ecosystem. (Afshan, Yaqoob, Meo, & Hamid, 2023). Green finance initiatives
have received global support in modern times, relatively in response to safeguard the
environment and preserve natural resources through channelizing the investments to create a
green economy. The results convey that proliferation of green finance instruments can reduce
the dependence on fossil fuels and smoothen the transition towards a carbon negative world.
(Aneja, Kappil, Das, & Banday, 2023). economic growth, natural resource rent and
urbanization increase environmental pollution. In contrast, the empirical findings of this study
revealed that environmental pollution could be neutralized through effective mechanisms such
as green finance, renewable energy consumption, and the promotion of energy innovation. (Li,
Sampene, Agyeman, Brenya, & Wiredu, 2022). This positive effect is more pronounced in
provinces where economic and social conditions are better, thus boosting the region's tourism
industry. The same holds for income per capita, renewable energy, and environmental factors.
In addition, urbanization has a negligible effect on the variable being studied. A further way to
boost the growth of tourism is through the use of green finance. A study conducts by found that
the growth of urban green finance is more closely correlated with the development of
environmental protection businesses, capital allocation efficiency, and governmental and
social capital support. Regulation of consumption also has a significant impact.

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1.2 Origin of The Study

This report has been equipped as a prerequisite of the internship program of BBA students of
Comilla University. The association attachment started on November 2024 to January 2025.
This three-month internship period has help me to match our academic knowledge with
realistic considerate. My report is Analysis of Green Financing Activities of Janata bank Plc.
The knowledge, which has been acquire in my internship epoch, I have tried my level best to
exemplify in this report.

1.3 Scope of the study

This report has been set on the basis of experience gather during the period of internship. This
report will be dealing with the overview of Janata Bank Plc. and mainly with “Green Financing
Activities” of this company, but the report will try to cover impression of Janata Bank Public
Limited Company objectives, functions, management, business policy and other actions.

1.4 Significance of the study

Significance of the Study This internship report is an important partial requirement of four years
BBA graduation program. This is because knowledge and learning become perfect when it is
associated with theory and practice. By this internship program students can establish contacts
and networking. That is, student can train and prepare themselves for the job market. A
developing country like Bangladesh has an over whelming number of unemployed educated
graduates. As they have no internship experience, they have not been able to gain normal
professional experience of establish networking system, which is important in getting a job.
Therefore, it is obvious that the significance of internship is clearly justified as the crucial
requirement of four years BBA graduation.

1.5 objectives of the study

i. To know the Green Financing Activities of Janata Bank Plc.
ii. To provide a detailed description of Green Financing Activities of Janata Bank Plc.
iii. To analysis Green Financing Activities of Janata Bank Plc.
iv. To identify problems regarding Green Financing Activities of Janata Bank Plc.
v. To give some recommendations to overcome the problems.

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1.6 Methodology of the study

I have collected data from secondary sources. The Secondary Sources are –
i. The report collected from the library of the Comilla University.
ii. Different ‘Procedure Manual’ published by Janata bank plc.
iii. Various books, articles, compilations etc. regarding credit policies.
iv. Different circular sent by Head Office of Janata Bank Plc. & Bangladesh Bank.
v. Official website of Janata Bank Plc.

1.7 Limitations of the study

The chief restraint faced to carry out this mission was mainly time constraint. It is really
complex to gather data from the place where public do not know me. They have Restriction to
reveal some obscure in rank to other.
i. The ability did not reveal much in order for keeping the society top secret.
ii. There was absent of books, journal and other related in sequence.
iii. It is very complex to collect all the necessary in sequence in such a dumpy period

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Chapter Two: Profile of Janata Bank Plc

2.1 Banking in Bangladesh

Bangladesh is an emerging country with a substandard banking system, particularly as it relates
to the goods and services and customer support given by government-run banks. State-owned
banks have recently attempted to imitate the banking systems of the more developed countries,
although this effort has frequently failed due to ineffective or politically motivated government
policies carried out by Bangladesh Bank, the country's central bank. The result is a banking
system that promotes corruption and illegal financial operations such as money laundering by
influential politicians and lawbreakers while making it difficult for regular citizens, students
pursuing an education abroad or through distance education, general customers, etc. to get
services or perform international transactions.

2.2 History of Janata Bank Plc

Knowledgeable with a belt of competency since 1972, Janata Bank PLC was set as public
limited company under Companies Act 1913 with the aim of becoming successful now and in
the future. The headquarters is located in Motijheel, Dhaka, the capital city of Bangladesh. It
stands the second-largest Commercial Bank in Bangladesh, Janata Bank also tasted the highest
ever conventional fiscal deficit in Bangladesh, incurring a deficit of 82.56 billion Bangladeshi
Taka in 2023. It is placed to be the highest-performing public bank in Bangladesh.
As of 31 December 22, the Bank had a paid-up capital of Tk. 23,140 million and an authorized
capital of Tk. 30,000.00 million. The bank's capital requirement was Tk. 84,649.38 million as
of 31 December 2023, and there were 12745 staff as of 31 June 2024. Over the years, it
regularly turned a profit and declared an adequate dividend. Being a successful institution:
good customer service together with the implementation of new products and technologies.
The bank provides an extensive array of carefully designed products and services in order to
serve the various needs of its customers.The fundamental mission of the Bank is to make
significant contributions to the development of the economy of the nation. This 912 branch
bank, with 4 overseas extensions in the Arabian Gulf countries, has been instrumental in
contributing to the socio-economic improvement of the nation.

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2.3 Mission of Janata Bank PLC

• Effectively take part in the financial improvement of the country
• Giving credit to feasible borrowers
• Fast and efficient customer service.
• Maintaining high standard of business ethics.
• Balanced growth.
• Steady &competitive return on shareholders' equity.
• Innovative banking at a competitive price.
• Attract and retain quality human resources.
• Extending competitive compensation packages to the employees.
• Firm commitment to the growth of national economy.
• Involving more in Micro and SME financing.

2.4 Vision of Janata Bank PLC

• To be a pioneer in commercial Banking in Bangladesh and contribute significantly to
the growth of the national economy.
• To operate based on commercial principles of transactions along with ensuring
justice and equity in the economy.
• To be a pioneer in commercial Banking in Bangladesh and contribute significantly to
the growth of the national economy.
• To improve Banker- Customer relationship through improving customer service
• To develop new and innovate product/service through integration of technology and
policy and principle.

2.5 Objectives of Janata Bank PLC

• To identify the service, they provide.
• To find out their existing and future programs.
• To identify the problems with their management.
• Evaluate the contribution in overall economic development.
• To have introduction to the functions of general banking section.
• To know about performance of the Bank.
• To apply theoretical knowledge in the practical field.

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2.6 Values of Janata Bank PLC

Janata Bank PLC values are based upon the fundamental principles that define our culture are
brought life in our attitude and behavior. It is their values that make us unique and seem from
five basic principles.
• Excellence: The market is which Janata Bank PLC operate is becoming increasing
competitive and their customers now have abundance of choice.
• Integrity: We uphold trustworthiness and business ethics.
• Customer focus: Janata Bank PLC need to understand fully the need of their customer
and to adapt our product and service to meet these.
• Teamwork: we work together to succeed.
• Progressiveness: Janata Bank PLC believes in the achievement of society through the
adoption of enlightened working practice innovative new product and process a sprite
of enterprise.

2.7 Ethical Principles

• Quality: Quality service experience is a paramount to our customers and we are
strongly committed to fulfilling this ideal. We have a culture of timely compliance of
regulatory requirements.
• Honesty and Integrity: We ensure the highest level of integrity to our customers,
creating an ongoing relationship of trust and confidence. We treat our customers with
honesty, fairness and respect.
• Belief in our people: We recognize that employees are our most valuable asset and our
competitive strength. We respect the worth and dignity of individual employees who
devote their careers for the progress of the bank. We trust in equal treatment to all
shareholders irrespective of their individual size of shareholdings.
• Teamwork: We are a firm believer in team work and feel that loyal and motivated
teams can produce extraordinary results. We are driven by a performance culture where
recognition and rewards are based on individual merit and demonstrated track record.
• Good Corporate Governance: Effective corporate governance procedures are
essential to achieve and maintain public trust and confidence in any company, more so
in a banking company. At AIBL, we are committed to following best practices resulting
in good corporate governance.

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• Corporate Social Responsibility: As a responsible corporate citizen, we consider it

important to act in a responsible manner towards the environment and society. Our
commitment has always been to behave ethically and contribute towards the
improvement of quality of life of our people, the community and greatly the society, of
which we are an integral part.

2.8 Code of Conduct

The code of conduct for banks or other financial institutions is an offer for an agreement that
stipulates some rules of behavior for the members of that organization. Principles, standards,
or rules of behavior by which the decisions, procedures, and systems of the bank or
organization are guided, contributing to the welfare of its stakeholders while also respecting
the rights of all constituents affected by its operations. This code serves to embody a common
good, written primarily for the employees and competent authority of the organization, to
protect business interests and to inform employees of expectations. A code must have as part
of its content the relevant information about expectations; it incorporates naive premises on
what it is the bank or company first expects of its employees and stakeholders.

2.9 Logo of Janata Bank

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2.10 Corporate Profile of Janata bank Plc

Table 1: Corporate Profile of Janata bank Plc

Features Values
Name Janata Bank PLC.
Genesis Janata Bank PLC., the 2nd largest State Owned Commercial Bank
(SCB) in Bangladesh, is playing pivotal role in overall financial
activities of the country. The Bank emerged as ‘Janata Bank’ by
combining the erstwhile United Bank Limited and Union Bank Limited
under the Banks Nationalization Order (President’s Order- 26) of 1972
and was restructured as a limited company in November, 2007. Since
inception in 1972 the Bank has commendably contributed to the socio-
economic development of Bangladesh and helped structuring solid
financial ground of the country as well. Janata Bank runs its business
with 922 branches across the country including 4 overseas branches in
United Arab Emirates.
Registered Address Janata Bhaban, 110, Motijheel Commercial Area Dhaka - 1000,
Bangladesh.
Legal Status Public Limited Company
Chairman M. FAZLUR RAHMAN
Managing Director
Company Secretary Mansur-Ul Haque Md. Jahangir
Date of Incorporation 21 May 2007
Authorized Capital BDT 30,000 Million
Paid up Capital BDT 23,140 Million
Face value per share BDT 100 per share
Shareholding Pattern 100% Share owned by the Government of Bangladesh
Number of Employees 12,619 (As on 30.09.2023)
Banking license 31 May 2007
obtained from
Bangladesh Bank
Phone +88 02-9560000, 9566020, 9556245-49, 9565041-45, 9560027-30
Fax 88-02-9554460, 9553329, 9552078
SWIFT JANBBDDH
Website www.jb.com.bd, www.janatabank-bd.com, জনতাব্াাংক.বাাংলা
E-mail [email protected]

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2.11 Highlights of Janata Bank Plc

Table 2: Financial Highlights of Janata Bank Plc

SL Part 2023 2022 2021 2020 2019
1 Authorized capital 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
2 Paid up capital 23,140.00 23,140.00 23,140.00 23,140.00 23,140.00
3 Total capital (Tier-I+Tier- 57,139.63 62,836.75 63,793.32 60,169.13 58,075.81
II)
4 Required capital 84,649.38 80,211.94 71,023.75 59,862.09 57,930.50
5 Surplus/(shortage) of (27,509.74) (17,375.18) (7,230.43) 307.04 145.30
capital
6 Capital to Risk Weighted 6.75% 7.83% 8.98% 10.05% 10.03%
Asset Ratio (CRAR)
7 Total assets 1,387,058.68 1,275,032.26 1,249,540.23 1,043,311.18 895,387.08
8 Total deposits 1,103,260.62 1,014,584.96 1,016,208.50 824,007.96 691,409.37
9 Total loans and advances 983,889.95 852,086.76 699,656.76 605,351.70 548,473.94
10 Total contingent liabilities 166,449.47 136,193.01 119,705.81 113,491.58 85,918.92
and commitments
11 Advanced deposit ratio 88.06% 82.93% 67.70% 73.46% 79.33%
12 Total classified loans 250,088.85 151,975.16 123,199.92 137,362.19 146,033.38
13 Percentage of classified 25.42% 17.84% 17.61% 22.69% 26.63%
loans against total loans
14 Import 455,666.40 483,683.20 275,158.00 186,289.00 210,957.20
15 Export 142,553.80 219,761.60 171,139.30 93,005.70 97,398.20
16 Foreign remittance 86,286.70 59,313.80 68,298.00 78,144.30 75,532.10
17 Income from investment 14,937.96 17,343.97 20,370.05 18,560.29 11,664.06
18 Operating profit 5,837.35 9,281.26 10,024.00 9,809.76 7,093.66
19 Profit after tax and 553.095 1,133.43 3,003.19 143.18 246.44
provision
20 Provision kept against 57,159.04 55,272.31 52,272.78 44,736.83 39,296.98
loans and advances (G+S)
including OBS exposures

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SL Part 2023 2022 2021 2020 2019

21 Provision kept against 38,505.98 37,956.16 37,106.36 31,637.03 31,309.38
classified loans and
advances
22 Provision surplus/(deficit) 0.0142 0.01 0.03 0.09 62.33
against loans and
advances
23 Cost of fund 7.49% 6.21% 6.15% 6.37% 6.63%
24 Cost of deposit (%) 5.54% 4.53% 4.34% 4.14% 4.26%
25 Average return on loans 6.11% 5.68% 6.13% 5.76% 6.40%
and advances
26 Interest spread 0.57% 1.14% 1.79% 1.61% 2.14%
27 Net spread 0.66% 0.88% 0.69%
28 Earning assets 961,643.42 937,209.00 984,530.51 772,195.80 622,101.79
29 Non earning assets 425,415.25 337,823.26 265,009.72 271,115..37 273,285.29
30 Return on investment 8.62% 6.60% 6.38% 9.08% 6.89%
(ROI)
31 Return on assets (ROA) 0.04% 0.09% 0.24% 0.01% 0.03%
after tax
32 Return on equity (ROE) 1.20% 2.47% 6.33% 0.28% 0.49%
33 Earning per share (EPS) 2.39 4.90 12.98 0.62 1.06
(in BDT)
34 Net operating income per 25.23 40.11 43.22 42.39 30.66
share (in BDT)
35 Net assets value per share 199.99 197.93 204.96 222.57 217.23
(NAVPS) (in BDT)

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2.12 Hierarchy of Janata Bank PLC Management

Hierarchy of JBL Management

Managing Director

Tea Boy
Executive Vice President

MCG
Senior Vice President
Assistant Officer

Vice President Junior Officer

Assistant Vice President Probationary Officer

Senior Principle Officer Officer

Principle Officer Senior Officer

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2.13 Service Provided by Janata Bank PLC

Janata bank limited operates with the objectives and commitment to implement the economic
and financial principles in banking arena blending banking values and modern technologies
with a view to achieve complete success in this world and hereafter.
• To provide quality service to our customers.
• To peptide e-Service(e-GP payment service)
• To facilate cash service (ATM service, JB PIN Cash)
• To provide fund transfer facility(BEFTNJB ,Remittance, RTGS, SWIPT)
• To set high standard of Integrity.
• To extend our customers innovation services acquiring state- of the art technology
blended with Islamic principles, and bring total satisfaction to our clients and
employees.
• To expand Islamic banking through welfare oriented banking system.
• Ensure equity and justice economic activities.
• Extend financial assistance to poorer section of the people and
• Achieve balanced growth and equitable development.

2.14 Special services provided by Janata Bank PLC

We are unique with our products, strict with our principle and uncompromising with our
honesty. Some of our special features that make us notable in banking sector are as follows:

1. Account opening 2. SME banking

3. Western union money transfer 4. Cash dep
5. Cash withdrawal 6. Pay order
7. Demand draft 8. Cheque deposit
9. Loan and advances 10. Prize bond
11. Credit card payments 12. Account opening and closure
13. Cheque and cards delivery 14. Customer information update
15. Locker service 16. Debit card service
17. Credit card service 18. Statement and certificates
19. Express money

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The Bank upholds the banking values of establishment of a justified economic system through
social emancipation and equitable distribution of wealth
Some Green Banking Slogans of the Banks:
• Save trees and paper.
• Conserve natural resources, Conserve energy.
• Pay online bills.
• Turn not needed when off the tab.
• Always cloth bag use.
• Think before press the button.
• Digitize yourself and reduce, reuse and recycle.
• Everything has two sides etc.

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Chapter Three: Literature Review & Theoretical Framework

3.1 Literature Review

Green finance has emerged as a pivotal tool in advancing sustainable development, addressing
the dual challenges of climate change and environmental degradation. Broadly defined, green
finance refers to financial flows—investments, lending, and insurance—channeled toward
projects and initiatives that yield environmental benefits, such as renewable energy, energy
efficiency, sustainable agriculture, water management, pollution control, and climate
adaptation strategies (Hemanand et al., 2022; OECD, 2020). This concept underlines the
imperative to harmonize economic growth with environmental preservation, which is
facilitated by actors across the private and public sectors, including banks, businesses,
international organizations, and governments (D’Orazio & Popoyan, 2019).
The United Nations Sustainable Development Goals (SDGs) have underscored the urgency of
addressing climate change and environmental degradation through innovative financing
mechanisms. Green finance contributes to the achievement of these goals by supporting clean
energy, sustainable infrastructure, and climate-resilient technologies (Fang, Yang, & Song,
2022). Investments in these areas not only mitigate environmental risks but also stimulate
economic opportunities, creating jobs and fostering technological innovation (Liu et al., 2021).
Moreover, the transition to a sustainable economy requires global coordination and significant
funding, estimated to be in trillions of dollars annually (UNEP, 2016).
Historically, the shift to a low-carbon and environmentally sustainable economy has been
compared to transformative economic endeavors, such as the post-World War II reconstruction
of Europe (Kemfert, Schäfer, & Semmler, 2020). This analogy highlights the scale and
complexity of the green finance agenda, emphasizing the need for systemic changes in
financial markets, regulatory frameworks, and policy incentives (Clark et al., 2018). Central
banks and financial regulators play a crucial role by integrating climate-related risks into
financial assessments and promoting green financial instruments, such as green bonds,
sustainability-linked loans, and carbon trading mechanisms (Carney, 2015).
Furthermore, green finance is not confined to developed economies; its relevance in emerging
markets is equally critical. Developing nations face unique challenges, such as limited access
to funding, underdeveloped financial markets, and high vulnerability to climate change (Song
et al., 2022). Nonetheless, these economies also offer significant opportunities for green
investments, particularly in renewable energy, sustainable agriculture, and climate adaptation

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projects (International Finance Corporation, 2019). Multilateral development banks (MDBs)

and international financial institutions have been instrumental in mobilizing capital and de-
risking investments in these regions (Zhang et al., 2021).
In addition to environmental and economic benefits, green finance promotes social well-being
by fostering cleaner air, safer water, and healthier living conditions, thereby reducing
healthcare costs and enhancing quality of life (Egbunike & Okonkwo, 2020). The growing
interest in environmental, social, and governance (ESG) criteria among investors has further
catalyzed the growth of green finance, with many institutional investors integrating
sustainability considerations into their decision-making processes (Friede, Busch, & Bassen,
2015).
Despite its potential, green finance faces challenges, including inconsistent regulatory
frameworks, a lack of standardization in green financial products, and the need for greater
transparency and accountability in measuring environmental impacts (Höhne et al., 2021).
Overcoming these obstacles requires concerted efforts by governments, international
organizations, and private sector stakeholders to develop robust policies, incentives, and
market mechanisms that accelerate the green finance transition (Wang et al., 2020).
As the world grapples with the urgency of the climate crisis, green finance stands out as a
transformative mechanism to foster sustainable economic growth while safeguarding the planet
for future generations. By addressing critical challenges and leveraging global cooperation,
green finance holds the promise of building a resilient and inclusive global economy that aligns
with the principles of sustainability and equity.
Research has revealed regional and economic disparities in the impact of green finance. For
instance, Hou, Wang, and Zhang (2023) found that the influence of green finance on renewable
energy development is more pronounced in developed countries, emerging economies, and
regions with robust environmental regulations. Conversely, its impact remains limited in less
developed nations with weak environmental policies and low levels of green financial
development. This underscores the importance of tailored policy frameworks to ensure
equitable growth and green finance adoption globally.
The role of financial technology (fintech) in advancing green finance is also gaining attention.
Muganyi, Yan, and Sun (2021) emphasized the need for policymakers to accelerate the
development of green financial products while enhancing the capacity of financial institutions
to offer green credit. Additionally, fintech can drive green consumption and environmental
initiatives, provided systemic risks are effectively managed. Nawaz et al. (2021) highlighted

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the significance of factors such as renewable energy consumption, population growth, foreign
direct investment (FDI), inflation, and domestic credit availability in promoting green
financing and mitigating climate change.
Green finance has emerged as a significant driver of sustainable development, closely linked
to economic growth, financial system development, and environmental quality protection.
Recent studies have underscored its multifaceted benefits. Nenavath and Mishra (2023)
highlighted that green finance enhances financial structures and system efficiency, contributing
to environmental improvements. They further noted that financial technology (fintech)
amplifies green finance's influence on these areas, although its direct impact on economic
efficiency remains limited. These findings suggest that green finance, complemented by
advancements in fintech, plays a transformative role in fostering environmentally conscious
economic development.
In the context of emerging economies, the nexus between green finance and sustainable
development takes on unique dimensions. For instance, Ping and Shah (2023) emphasized the
importance of investing in higher education and renewable energy in BRICS countries to
promote sustainable growth and environmental preservation. By prioritizing human capital
development and clean energy transitions, these economies can align their growth trajectories
with global sustainability goals.
Innovative financial mechanisms have also shown varied impacts on green innovation. Green
Finance Regulatory Institutions (GFRIs), designed to integrate sustainability into financial
Activities, have produced mixed outcomes. Ran and Zhang (2023) observed that while GFRIs
effectively discourage innovation in heavily polluting industries, they may inadvertently
reduce the number of green invention patents, particularly among large enterprises. This
underscores the need for balanced policy interventions that regulate polluting industries
without stifling green innovation. Effective mechanisms could include targeted subsidies for
green research and development (R&D) and performance-based incentives for industries
transitioning to sustainable practices.
The interplay between green finance and energy policy is another critical area. Integrating
energy efficiency programs with green finance mechanisms offers significant potential to
mitigate environmental harm. Khan et al. (2022) demonstrated that such integration could
substantially reduce CO₂ emissions, particularly in energy-intensive sectors like manufacturing
and transportation. These findings align with broader global efforts to decouple economic
growth from environmental degradation, as advocated by the United Nations and other
international organizations (OECD, 2020).

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International cooperation plays a pivotal role in scaling up green finance adoption and
effectiveness. The European Union’s Green Deal and similar initiatives in the G7 countries
exemplify the power of collective action in driving sustainable development (Fang et al., 2022).
These collaborations focus on harmonizing regulatory frameworks, mobilizing green capital,
and fostering technological innovation to address pressing global environmental challenges.
By sharing best practices and co-developing green technologies, international partnerships
enhance the effectiveness of green finance while promoting equitable access to sustainable
solutions.
However, challenges persist in implementing green finance globally. Inconsistencies in
regulatory standards, limited access to green funding in developing nations, and the need for
greater transparency in measuring environmental impacts hinder its widespread adoption
(Höhne et al., 2021). Additionally, the rise of greenwashing—a practice where entities falsely
market their activities as environmentally friendly—poses a threat to the credibility of green
finance initiatives (Clark et al., 2018). Addressing these challenges requires robust governance
mechanisms, standardized metrics for assessing environmental outcomes, and capacity-
building efforts in low- and middle-income countries.
Green finance represents a transformative paradigm for achieving sustainable development,
fostering economic growth, and protecting environmental quality. Its integration with energy
policies, regulatory innovations, and international cooperation underscores its potential to
address the global challenges of climate change and environmental degradation. By leveraging
innovative financial tools, fostering global partnerships, and addressing implementation
challenges, green finance can catalyze the transition to a more resilient, inclusive, and
sustainable global economy.
In conclusion, green finance is a transformative force that holds promise for achieving
sustainable development goals. However, its success depends on addressing regional
disparities, fostering innovation, leveraging technology, and ensuring robust regulatory
frameworks. Future research should focus on exploring the synergies between green finance,
fintech, and energy policies, as well as the role of international cooperation in scaling green
investments globally.

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3.2 Definition of Green Financing

Green finance is that subset of monetary operations aimed at promoting eco-friendly projects
that include the purchase of environment-intensive goods or services and green infrastructure
development. It has become a significant practice now that the risks associated with
environmentally harmful goods and services have begun to affect economies. With both
economic and environmental advantages, green finance contributes towards a balance in the
evolution towards a low-carbon economy while also increasing access to environmentally
friendly products and services. In this way, a high green multiplier effect arises, which benefits
both economy and environment—which consists in the win-win solution for everybody.

3.3 Green Financing Activities

To lower its ecological footprint, Janata Bank PLC implements green banking into its internal
operations and uses eco-friendly financing. In select potential branches, we offer a specific
Sustainable Finance Help Desk to promote sustainable finance and the R2EI.
It is well known that green banking is a component of the global initiative by a group of
stakeholders to save the environment. The efforts are expected to bring positive changes in the
environment.
• Looking for financing green projects such as LEED certified industry (Certified Green
Industry & Green Building/Green Featured Building),
• Recycling & Recyclable Product (PET Bottle recycling plant),
• Ensuring Work Environment and Security of Factories Workers,
• Effluent Treatment Plant (ETP),
• Hybrid Hoffman Kiln (HHK),
• Zigzag or equivalent Technology in Brick Field, Renewable Energy (Bio-Gas Plant,
• Solar Home System & Solar Irrigation Pumping System) etc.

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3.4 Basic Concepts of Green Financing

3.4.1 Benefits of Green Financing
Encourages Spread of Technologies and Development of Environmentally Friendly
Infrastructure
• Green finance generates business values and promotes economic prospects.
• Green finance is critically important on account of benefits as perceived.
• Green finance is aimed at promoting the development of smart cities in the long term.
• Green finance promotes inclusive economic growth.
• Investment into green projects may replace short- and long-term carbon emissions.
• Green finance will also be an attractive area for institutional shareholders interested in
impact investing.
• Green finance provides investors with diversification advantages in the corporate and
treasury markets.
• Green financing may diminish the funds diverted toward fossil-fuel projects which are
invariably detrimental to the environment.

3.4.2 Green Financing Banking Policy

Green financing refers to financial support aimed at fostering environmentally sustainable and
climate-resilient projects. It often involves banking policies that encourage investments in
renewable energy, energy efficiency, sustainable agriculture, green infrastructure, and other
initiatives aligned with environmental objectives. These policies guide banks and financial
institutions in integrating sustainability into their operations and decision-making processes.
1. Policy Frameworks:
• Adoption of ESG (Environmental, Social, and Governance) criteria in lending and
investment decisions.
• Aligning with international initiatives like the UN Principles for Responsible Banking
or the Equator Principles.
2. Incentives for Green Projects:
• Preferential interest rates for eco-friendly businesses and projects.
• Dedicated green bonds and sustainability-linked loans.

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3. Risk Assessment:
• Inclusion of climate risks in financial risk assessments.
• Avoiding funding for projects with high environmental or carbon footprints.
4. Disclosure and Reporting:
• Banks required to report their sustainability initiatives and green financing outcomes.
• Adherence to frameworks like the Task Force on Climate-related Financial Disclosures
(TCFD).
5. Capacity Building:
• Training staff to evaluate and manage green projects.
• Raising awareness among customers about green financing options.
6. Regulatory Compliance:
• Compliance with national policies, such as carbon neutrality targets or environmental
protection regulations.
• Collaboration with central banks on green finance strategies.
Examples of Green Financing Policies:
European Union: The EU Taxonomy for sustainable activities defines criteria for
environmentally sustainable investments.
India: The Reserve Bank of India has encouraged banks to increase green lending and develop
specialized green finance products.
China: The People's Bank of China has green finance guidelines focusing on clean energy and
pollution control projects.
Bangladesh has been proactive in promoting green financing through comprehensive banking
policies aimed at fostering environmentally sustainable development. The central bank,
Bangladesh Bank (BB), has implemented several initiatives to integrate sustainability into the
financial sector.
Key Initiatives by Bangladesh Bank:
1. Policy Guidelines on Green Banking (2011): BB issued guidelines to prevent environmental
degradation and ensure sustainable banking practices. These guidelines encouraged banks to
adopt green banking practices, including environmental risk management and in-house
environmental management.
2. Sustainable Finance Policy (2020): This policy was formulated to mobilize finance towards
sustainable growth, incorporating targets for green finance linked to greenhouse gas emissions
reductions and climate resilience. It emphasizes the integration of environmental, social,

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economic, and governance considerations in financial activities.

3. Green Bond Financing Policy (2022): BB introduced a policy on green bond financing for
banks and non-bank financial institutions (NBFIs), creating opportunities for involvement in
climate financing for both mitigation and adaptation.
4. Sustainability Rating (2020): To motivate banks and FIs, BB introduced the Sustainability
Rating, assessing their performance in sustainable finance and encouraging the adoption of
green practices.
5. Climate Risk Fund Allocation: BB instructed banks and financial institutions to allocate 10%
of their corporate social responsibility (CSR) budgets to a climate risk fund, supporting
initiatives that enhance climate resilience.
6. Refinance Schemes: BB manages refinance schemes, such as a BDT 2 billion fund for
renewable energy and green products, and a USD 50 million Asian Development Bank-
supported scheme for brick kiln efficiency improvement, to support green projects.
Impact and Progress:
These policies have led to significant investments in green finance products. In 2022,
Bangladeshi banks and financial institutions invested over USD 1.1 billion in green finance,
marking a 69% increase from 2021. The financial sector now offers 94 green products across
14 sectors, demonstrating a broad commitment to sustainable development.
Bangladesh Bank's pioneering efforts in green banking have positioned the country as a leader
in sustainable finance within the region, contributing to environmental preservation and
climate change mitigation.

3.4.3 Green Financing Social Peace:

Green financing and social peace are interconnected as both aim to create sustainable,
equitable, and stable societies. Green financing, by promoting environmentally friendly
projects and sustainable economic activities, can contribute to social peace in several ways:
1. Reducing Resource Conflicts:
Green financing supports renewable energy and resource efficiency, reducing competition over
finite natural resources (e.g., fossil fuels, water).
Investments in sustainable agriculture can help avoid land degradation and food scarcity,
mitigating potential conflicts over these essentials.
2. Promoting Economic Equity:
Financing for green initiatives often prioritizes marginalized and vulnerable communities,
helping to bridge economic disparities.

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Green jobs created through renewable energy projects, sustainable construction, and waste
management contribute to reducing unemployment and fostering social inclusion.
3. Addressing Climate-induced Displacement:
Climate change can lead to displacement, which may strain resources and create tensions.
Green financing for climate resilience projects (e.g., flood defenses, drought-resistant crops)
can minimize such risks and promote social stability.
4. Empowering Communities:
Investments in community-based renewable energy projects can decentralize power and foster
community ownership, enhancing social cohesion.
Green microfinance initiatives provide small-scale loans to individuals and groups,
empowering them to engage in sustainable economic activities.
5. Reducing Inequalities:
Green financing can improve access to clean energy, water, and sanitation in underserved
areas, improving living standards and reducing social disparities.
Gender-sensitive green financing initiatives, such as empowering women through clean
cooking solutions, enhance equality and societal harmony.
6. Strengthening Governance:
Transparent and accountable management of green funds can improve trust in institutions,
reducing social unrest.
Policies promoting green financing often involve participatory decision-making, fostering a
sense of collective responsibility.

3.4.4 Green Financing Impact in Economy:

Green financing significantly impacts the economy by fostering sustainable development,
stimulating innovation, and addressing environmental challenges. Its influence is multifaceted
and extends across sectors, contributing to both economic growth and environmental
sustainability.
1. Stimulating Economic Growth:
• Investment in Green Infrastructure: Green financing supports projects like
renewable energy, energy-efficient buildings, and sustainable transport systems,
creating jobs and driving GDP growth.
• Green Jobs Creation: The transition to a green economy generates employment in
sectors like clean energy, recycling, and sustainable agriculture, offsetting job losses in
polluting industries.

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2. Driving Innovation and Competitiveness:

• Technological Advancements: Funding for green projects encourages the
development of innovative technologies, such as solar panels, wind turbines, and
energy storage solutions.
• Competitive Advantage: Businesses adopting green practices gain a competitive edge
in global markets, where demand for sustainable products and services is increasing.
3. Enhancing Financial Resilience:
• Mitigating Climate Risks: By funding projects that reduce environmental risks, green
financing helps economies become more resilient to climate-related disruptions, such
as floods and droughts.
• Attracting Investments: Green bonds and sustainability-linked loans attract investors
seeking socially responsible investment opportunities.
4. Reducing Long-term Costs:
• Lower Operational Costs: Energy-efficient technologies reduce costs for businesses
and households over time.
• Minimized Environmental Costs: Addressing pollution and climate change through
green initiatives reduces healthcare costs and environmental cleanup expenses.
5. Promoting Social Equity:
• Inclusive Growth: Green financing often targets underserved communities, improving
access to energy, water, and other resources.
• Reduced Inequalities: It can create opportunities in developing regions, bridging
economic disparities.
6. Challenges and Trade-offs:
• Transition Costs: Shifting to a green economy may involve short-term economic
adjustments, such as job losses in traditional industries.
• Financing Gaps: The demand for green financing often exceeds available resources,
requiring innovative solutions like public-private partnerships.

Examples of Economic Impact

China: Investments in green finance have boosted renewable energy capacity, making China
a leader in solar and wind power.
European Union: The EU Green Deal, supported by green financing, aims to create millions
of jobs while achieving carbon neutrality by 2050.

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Bangladesh: Green financing initiatives in renewable energy and sustainable agriculture have
improved economic resilience and reduced poverty.
In summary, green financing drives sustainable economic growth, enhances resilience, and
promotes innovation while addressing global environmental challenges. However, careful
management is needed to balance the transition costs and ensure equitable outcomes.

3.4.5 Green Financing Link to SDG:

Green financing is directly linked to achieving the Sustainable Development Goals (SDGs) by
providing the financial resources necessary to implement projects that promote environmental
sustainability, social equity, and economic growth. Below is how green financing aligns with
specific SDGs, supported by credible sources:
1. SDG 7: Affordable and Clean Energy:
Relevance: Green financing supports investments in renewable energy (e.g., solar, wind, and
hydroelectric power) to expand access to affordable, clean, and sustainable energy.
Example: Green bonds issued by the World Bank have financed renewable energy projects
globally, contributing to energy access in underserved areas. Source: World Bank (2018)
2. SDG 9: Industry, Innovation, and Infrastructure:
Relevance: It enables the development of resilient infrastructure, promotes sustainable
industrialization, and fosters innovation through environmentally sound technologies.
Example: The Asian Development Bank's green financing initiatives support sustainable
transport systems and smart city projects in Asia. Source: Asian Development Bank (2020)
3. SDG 11: Sustainable Cities and Communities:
Relevance: Green financing facilitates the construction of energy-efficient buildings,
sustainable urban transport, and waste management systems.
Example: The European Investment Bank has funded green infrastructure in cities to reduce
carbon emissions. Source: EIB (2021)
4. SDG 12: Responsible Consumption and Production:
Relevance: Green finance encourages businesses to adopt sustainable practices, such as eco-
friendly manufacturing and circular economy models.
Example: Green microfinance has supported small enterprises in adopting sustainable
production methods in developing countries. Source: United Nations Environment
Programmed (UNEP, 2022)

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5. SDG 13: Climate Action:

Relevance: It mobilizes funds for climate change mitigation and adaptation projects, such as
carbon capture and flood defense systems.
Example: The issuance of climate bonds by various governments and institutions has raised
billions for climate resilience projects. Source: Climate Bonds Initiative (2021)
6. SDG 15: Life on Land:
Relevance: Green financing supports afforestation, biodiversity conservation, and sustainable
land use to combat deforestation and desertification.
Example: Funds raised through green bonds have been used for forest conservation projects
in Africa. Source: WWF (2020)
7. SDG 17: Partnerships for the Goals:
Relevance: Green financing facilitates public-private partnerships and international
collaboration to mobilize resources for sustainable development.
Example: The Green Climate Fund collaborates with governments and private investors to
finance SDG-aligned projects. Source: Green Climate Fund (2023)
Overall Impact
Green financing plays a pivotal role in achieving the SDGs by aligning financial systems with
sustainable development priorities. By channeling funds into projects that promote
environmental protection and social well-being, it bridges the financing gap required to meet
the 2030 Agenda.
If you'd like, I can provide additional details or focus on a specific SDG!

3.4.6 Green Financing Link to Manufacturing and SDG:

Green financing is instrumental in aligning the manufacturing sector with the Sustainable
Development Goals (SDGs), particularly SDG 9 (Industry, Innovation, and Infrastructure) and
SDG 12 (Responsible Consumption and Production). By funding sustainable manufacturing
practices and innovations, green financing helps reduce environmental impacts while fostering
economic growth and resource efficiency.
Link Between Green Financing, Manufacturing, and SDGs:
1. SDG 9: Industry, Innovation, and Infrastructure
Relevance: Green financing supports sustainable industrialization by enabling manufacturers
to adopt energy-efficient technologies, reduce emissions, and minimize waste.
Example: The International Finance Corporation (IFC) provides green loans to manufacturing

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firms for upgrading to cleaner production technologies, which significantly cut greenhouse gas
emissions and energy use.
Citation: International Finance Corporation. (2020). Green Bonds for Industrial Sustainability.
Retrieved from IFC Website
2. SDG 12: Responsible Consumption and Production
Relevance: Green financing fosters the circular economy in manufacturing by funding
initiatives like recycling, resource optimization, and waste reduction.
Example: The European Bank for Reconstruction and Development (EBRD) finances
sustainable production projects, including recycling programs in textile manufacturing to
reduce waste and water usage.
Citation: European Bank for Reconstruction and Development. (2022). Sustainable
Manufacturing through Green Financing. Retrieved from EBRD Website

3.5 Present scenario of green financing in Bangladesh

The total amount of disbursement as green finance during FY23 was BDT 73.40 billion by
Banks and BDT 9.96 billion by NBFIs. Percentage of green finance against total term loan
disbursement is 3.52 percent. Category-wise amount of green finance by banks and NBFIs and
category-wise percentage are given in Table shows the trend in green finance disbursed by
banks and NBFIs during last 5 years.
Table 3: Present scenario of green financing in Bangladesh
Type Rene Energ Alter Liquid solid Recyc Enviro Green Green Gree Total
Of wable y n waste waste ling n ment agricu CMSME n
bank enery Efficin ative manag manag goods friendl l ture SRF
cy enery e e y
ment ment brick
SOCBs 27.64 119.37 131.4 160.83 1.00 157.5 337.33 12.12 872.68 0.15 1820.

5 6 13
SDBs 5.06 0.00 0.00 0.00 0.00 0.00 0.00 3.51 0.00 0.00 8.57

PCBs 2665. 14609. 41.24 4117.7 878.50 6010. 2584.30 1123.9 756.53 793.2 33581

85 11 0 68 0 0 .01
FCBs 3.00 0.00 0.00 100.21 0.00 3.10 0.00 224.14 720.10 0.00

Banks 2701. 14728. 172.6 4378.7 879.50 6171. 2921.63 1363.6 2349.31 793.3 36460

total 55 48 9 4 34 7 5 .26
NBFIs 1302. 2664.1 30.00 853.50 38.39 169.1 0.00 260.45 1830.39 653.8 7802.

16 3 7 5 04
Gran 4003. 17392. 202.6 5232.2 917.89 6340. 292163 1624.1 4179.71 1447. 44262
d
72 61 9 4 51 2 21 .3
Total

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 Evaluating Green Financing Activities: A study on Janata Bank PLC

Chapter Four: Green Financing Practice of JBL

4.1 Green Finance Unit

Green Finance Unit headed by a Deputy General Manager has been formed as per Approval of
Board of Directors. It is functioning under Risk Management Division and is oversight by Chief
Risk Officer (Deputy Managing Director). The unit is assigned to formulate and implement the
following:
• Environment friendly banking policy;
• Environmental and social risk management policy;
• Sector wise environmental and social risk management;
• Green Banking strategy
• Climate Risk Fund Policy
• CSR Policy

4.2 Green Financing Practice of Janata Bank PLC:

Janata Bank Limited (Janata Bank PLC), one of Bangladesh's leading state-owned commercial
banks, has actively integrated green financing into its operations to promote environmental
sustainability and support the nation's commitment to the Sustainable Development Goals
(SDGs).
Green Financing Initiatives by Janata Bank:
1. Adoption of Green Banking Policy:
Janata Bank PLC has formulated its own green banking policy to guide its environmental
initiatives, aligning with the directives of Bangladesh Bank, the country's central bank.
2. Establishment of Sustainable Finance Unit:
The bank has set up a dedicated Sustainable Finance Unit responsible for managing and
promoting green finance activities, ensuring that environmental considerations are integrated
into its financial services.
3. Financing Renewable Energy Projects:
Janata Bank PLC provides financial support for renewable energy projects, including the
installation of solar panels and other sustainable energy solutions, contributing to the reduction
of carbon emissions.
4. Promotion of Green Branches:

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The bank has plans to establish "Green Branches" equipped with energy-efficient technologies
and powered by renewable energy sources to minimize environmental impact.
5. Participation in Bangladesh Bank's Refinance Scheme:
Janata Bank PLC actively participates in Bangladesh Bank's refinance scheme, offering green
finance in 46 products under this program, thereby facilitating investments in environmentally
friendly projects.
6. Customer Awareness Programs:
The bank sponsors awareness programs to educate customers about the benefits of using
environmentally friendly products and services, fostering a culture of sustainability.
Impact on Sustainable Development Goals (SDGs):
Through these green financing practices, Janata Bank contributes to several SDGs, including:
SDG 7: Affordable and Clean Energy
By financing renewable energy projects, Janata Bank PLC enhances access to clean and
sustainable energy sources.
SDG 9: Industry, Innovation, and Infrastructure
The bank's support for green industries and infrastructure promotes sustainable
industrialization and fosters innovation.
SDG 13: Climate Action
Janata Bank PLC's initiatives in green financing and renewable energy contribute to efforts in
combating climate change and its impacts.
Janata Bank's commitment to green financing reflects its role in promoting sustainable
economic development in Bangladesh, aligning with national and global environmental
objectives.

4.3 ESG Model of Janata Bank (PLC)

Increased application of green finance in lowering carbon emissions would have been made
possible through continuous encouragement of further proliferation of green finance to reduce
the existing financing barriers posed before energy-preserving and environmental protection
businesses, and spur the research and innovation in the green revolution technology. Green
finance itself is a fast-evolving concept without a universal and formal definition. Financial
return and risk, at the macroeconomic level, are optimized in a given pursuit. This line of
thought endorses the notion of profit maximization by organizations, as well as the idea of
economic advancement and development of countries. At the societal level, corporate and
financial action impacts are further optimized. Finally, the environment minimizes its level of

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adverse impacts. The levels are intrinsically interlinked, hence finding the right equilibrium of
environmental, economic, and social dimensions will become very important. The three stages
of sustainable finance are summarized as follows: Environmental, Social, and Governance
(ESG) Criteria

Figure 1. Three stages of sustainable finance

Environmental performance: Evaluating the company's efforts to reduce its environmental

impact and promote sustainability.
Social impact: Assessing the company's commitment to social responsibility, including fair
labor practices and community engagement.
Corporate governance: Examining the company's management structure, board composition,
and transparency in decision-making.
1. Environmental Factors
Green financing prioritizes environmental sustainability by evaluating projects or businesses
based on their ability to reduce environmental harm.
Key considerations:
• Reduction of greenhouse gas emissions
• Energy efficiency and renewable energy usage
• Waste management and recycling
• Conservation of natural resources and biodiversity
• Climate adaptation and resilience projects
Examples in financing:
• Green bonds for renewable energy projects
• Loans for sustainable agriculture or reforestation
• Investments in companies transitioning to net-zero emissions

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2. Social Factors
This dimension ensures that green financing contributes positively to society and upholds
human rights.
Key considerations:
• Health and safety standards for communities and workers
• Fair labor practices and diversity
• Stakeholder engagement
• Addressing social inequalities and promoting community development
Examples in financing:
• Funding projects that provide access to clean water or energy in underprivileged areas
• Investing in affordable housing or sustainable infrastructure
• Microfinancing for small-scale farmers adopting eco-friendly practices
3. Governance Factors
Governance assesses a company or project's ethical management and compliance with
regulations. Strong governance ensures transparency and accountability in green financing.
Key considerations:
• Anti-corruption and ethical business practices
• Transparency in environmental and social reporting
• Board diversity and independence
• Alignment with global standards like the UN SDGs or Paris Agreement
Examples in financing:
• Requiring third-party audits for environmental claims in funded projects
• Ensuring compliance with green finance taxonomies like the EU Green Taxonomy
Role in financing mechanisms:
Governance acts as a safeguard against "greenwashing," ensuring that funds truly support
sustainable outcomes.
Key Instruments of ESG Green Financing
1. Green Bonds: Debt instruments to fund climate and environmental projects.
2. Sustainability-Linked Loans (SLLs): Loans with interest rates tied to meeting ESG
performance targets.
3. Equity Investments: Supporting companies with strong ESG frameworks.
4. Green Funds: Dedicated investment funds for environmentally-focused projects.

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4.4 Green Products of Janata Bank Plc

4.4.1 Green Bond
Green bonds are designated bonds intended to encourage sustainability and to support climate-
related or other types of special environmental projects. More specifically, green bonds finance
projects aimed at energy efficiency, pollution prevention, sustainable agriculture, fishery and
forestry, the protection of aquatic and terrestrial ecosystems, clean transportation, clean water,
and sustainable water management. They also finance the cultivation of environmentally
friendly technologies and the mitigation of climate change.

• A green bond is a fixed-income instrument designed to support specific climate- related

or environmental projects.
• Green bonds may come with tax incentives to enhance their attractiveness to some
investors.
• The phrase “green bond” is sometimes used interchangeably with “climate bonds” or
“sustainable bonds.”
• Green bonds are part of a larger trend in socially responsible and environmental, social,
and governance (ESG) investing.

4.4.2 Green Mutual Funds

Green funds are investment funds whose portfolio is largely based on Environmental, Social,
and Governance (ESG) criteria. A green fund can come in the form of a focused investment
vehicle for companies engaged in environmentally supportive businesses, such as alternative
energy, green transport, water and waste management, and sustainable living.

4.4.3 Solar Bonds

Solar bonds are municipal revenue bonds issued to provide low-interest financing for lower-
cost accelerated development of local renewable energy technologies such as solar power.

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4.4.4 Green Mortgages bond

A green mortgage is a way of raising finance to buy a property that meets certain energy
efficiency standards and so is considered to be environmentally friendly. Importantly green
mortgages will usually be offered with lower interest rates than a standard mortgage from the
same provider, but only if the home is eligible through having a good enough eco rating.
You could qualify for a green mortgage by renovating your home to make it more economy
friendly or buying a home with a better eco rating. However, your home will likely need an
Energy Performance Certificate (EPC) rating of B or better in order to qualify for a green
mortgage. The benefits of a green mortgage are perhaps more easily seen than the potential
drawbacks, but it’s important to consider both.
Advantages of a green mortgage
• Know your property is helping to reduce your carbon footprint.
• Qualify for a lower interest rate or cashback.
• Green mortgage might hold its value better than others.
Potential drawbacks of green mortgages
There may be non-green mortgages available with different lenders offering lower rates. The
number of green mortgages available is relatively limited right now.
Renovations and improvements required to make your home eligible for a green mortgage
might be expensive.

4.4.5 Green Credit Cards

There were times when green credit cards could not fit our choice method of assessing credit
cards based on the consumer's gains from rewards, benefits and welcome bonuses.
We instead selected various cards from issuers and banks that generally show no trace of
investment in fossil-fuel projects, develop greener ideas other than fossil fuels, and return
investments to support local environmental projects driven by the community.
For that reason, please think of this list as not a complete list of the best green credit cards,
rather, a set of ideas to help you start your search for a more sustainable credit card for payment
on a daily basis. All the cards here came to the fore because the issuer or bank behind the card
has a wide range of environmentally friendly and socially responsible financial products. The
issuing bank of each card and the respective card companies also underwent much research to
ensure that the cards we feature are not being issued by institutions with investment portfolios
largely made up of fossil-fuel-related investments.

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Some its benefits

• Increased customer engagement and retention
• New revenue streams
• Attract new customers in climate-conscious segments
• Opportunity to integrate loyalty points linked to sustainable merchants and offsetting
partners

4.4.6 Green Stocks

Green stocks represent companies that focus on environmentally friendly products, services,
or technologies. These companies aim to reduce their environmental footprint and contribute to
a more sustainable future.
Key Sectors of green Stocks
• Renewable Energy (Solar, Wind, Hydroelectric, Biomass )
• Energy Efficiency (Smart grid, LED lighting, Energy storage)
• Electric Vehicles and Transportation (Electric cars, Charging, infrastructure Electric
buses and trucks, Electric bikes and scooters)
• Sustainable Agriculture and Food (Organic farming, Aquaculture, Plant-based)
• Recycling and Waste Management
• Water and Wastewater Treatment
• Green Building and Construction

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Chapter Five: Data Analysis

5.1 Introduction
Budget has been set aside for green/environmentally friendly finance, waste management, and
environmentally friendly brick fields. Eco-friendly business procedures and energy- efficient
sectors got our choice. As part of green financing practices, environmental infrastructure
projects such as those including renewable energy, clean water supply, effluent treatment
plants (ETP) and projects with ETP, solid and hazardous waste disposal plants, bio-gas plants,
bio-fertilizer plants, and brick fields using Hybrid Holfman Kiln (HHK) technology are
encouraged. We are also financing various eco- friendly projects under re-financing scheme of
Bangladesh Bank at a subsidized rate of interest. Green finance includes:
• Loan to 187 solar panels
• Loan to 10 ETP
• Finance in Biogas plant

5.2 Budget Allocation of Janata Bank PLC

We are aware of environmental degradation and our responsibility save the planet. Therefore,
Janata Bank Plc has given more priority to green finance. BDT 5750.00 (in million).

Table 4: Budget Allocation of Janata Bank PLC Figure 3: Budget Allocation

for Green Financing
Year Budget (million)
2024 5,750.00
2023 5,500.00
2022 5,000.00
2021 4,850.00
2020 4,300.00

Interpretation: The Graph highlights that, in 2024 budget allocation for green finance is 5750
(in million BDT). In 2023 budget allocated BDT 5500 (in million), gradually budget allocation
is lower than three years that is 5000,4850, &2300.

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In 2024 Janata Bank Plc give more budget for green financing than any other years. It denotes that
day-by-day Janata bank plc has given preference in eco-friendly projects.

5.3 Sector Wise Budget Allocation and Disbursement:

Table 5: Sector Wise Budget Allocation Figure 3: Sector Wise Budget

BDT in Million Allocation and Disbursement
Sector Budget Disbursement
Renewable energy 180.00 17. 81
Energy & Resource 70.00
Efficiency
Alternative Energy 70.00

Liquid Waste Management 4900.00 4815.42

Solid Waste Management 100.00

Recycling & manufacturing 70.00

of Recycling

Goods
Environment friendly brick 100.00
production
Green friendly Establishment 80.00

Green Agriculture 70.00

Green CMSME 60.00

Green SRF 50.00

Total 5750.00 4,833.23

Interpretation: This Pie Chart highlights sector wise green finance in 2022 by Janata bank plc
and we see that, in Liquid Waste Management sector wise contributions is 37%. In Renewable
energy sector wise contributions 13%. Both Solid Waste Management and Environment
friendly brick production sector wise green finance budget is 7%. In Four fields including
Energy & Resource Efficiency, Alternative Energy, Recycling & manufacturing of Recycling
Goods, Green Agriculture sector wise contributes 5%. In Green friendly Establishment sector
wise contribution is 6%. In Green CMSME & Green SRF sector wise contribution is 4%.

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5.4 Product Wise Budget Allocations

5.4.1 ETP (Effluent Treatment Plant) /Liquid waste management

Table 6: Budget allocation for ETP Figure 4: Budget allocation for ETP

Year Budget (in million)

2020 -
2021 -
2022 1240.00
2023 1360.00
2024 4900.00

Interpretation: There is no available information about product wise budget allocation in annual
report. There is only 3 years data 2022,2023, 2024.In 2024, ETP (Effluent Treatment Plant) sector
Janata bank plc has allocated budget BDT 4900 (in million), in 2023 allocate budget BDT 1360 (in
million), and in 2022, has allocated BDT 1249 (in million). We can state that Janata bank plc has
given more budget in 2024 than other years.

5.4.2 HHK (Hybrid Holfman Kiln)

Figure 5: budget allocation for
Table 7: Budget allocation for HHK HHK (Hybrid Holfman Kiln)

Year Budget (in million)

2019 -
2020 -
2021 1330.00
2022 1460.00
2023 180.00

Interpretation: There is no available information about product wise budget allocation in annual
report. There is only 3 years data 2021,2022, 2023.In 2023, HHK (Hybrid Holfman Kiln) sector
Janata bank plc has allocated budget BDT 180(in million), in 2022 allocate budget BDT 1460 (in
million), and in 2021, has allocated BDT 1330 (in million). We can state that Janata bank plc has
given more budget in 2022 than other years.

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5.4.3 Renewable Energy

Table 8: Budget allocation for Renewable Energy Figure 6: Budget Allocation

for Renewable Energy
Year Budget (in million)
2019 -
2020 -
2021 1650.00
2022 1820.00
2023 250.00

Interpretation: There is no available information about product wise budget allocation in

annual report. There is only 3 years data 2021,2022, 2023.In 2023, Renewable Energy sector
Janata bank plc has allocated budget BDT 250(in million), in 2022 allocate budget BDT 1820
(in million), and in 2021, has allocated BDT 1650 (in million). We can conclude that Janata
bank plc has given more budget in 2022 than other years.

5.4.4 Bio gas / Alternative energy Figure 7: Budget

Table 9: Budget allocation for Bio gas / Alternative energy allocation for Bio gas /
Alternative energy
Year Budget (in million)
2020 -
2021 -
2022 260.00
2023 290.00
2024 70.00

Interpretation: There is no available information about product wise budget allocation in

annual report. There is only 3 years data 2022,2023, 2024.In 2024, Bio gas /Alternative energy
sector Janata bank plc has allocated budget BDT 70(in million), in 2023 allocate budget BDT
290 (in million), and in 2022, has allocated BDT 260 (in million). We can say that Janata bank
plc has given more budget in 2023 than other years.

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5.4.5 Recycling & Manufacturing of Recyclable Goods:

Figure 8: Budget allocation for
Recyclable Goods
Table 10: Budget allocation for Recyclable Good

Year Budget (in million)

2021 -
2022 -
2023 70.00

Interpretation: There is no available information about product wise budget allocation in

annual report. There is only one year data, 2023.In 2023, Recycling & Manufacturing of
Recyclable Goods Sector Janata Bank Plc allocate budget 70 (in million BDT).

5.5 Disbursement Trend of BB Refinance Scheme

Table 11: BB Refinance Scheme of green finance

Sector-wise
2019 2020 2021 2022 2023
Contributions
Bio gas 10.50 4.56 1.24 2.17 4.70 23.17

Paper waste 81.97 39.86 88.10 60.00 59.00 328.93

Recycling
Effluent treatment 0.00 0.00 0.00 0.00 9.00 9
plants
Green Industry 0.00 0.79 1.26 1.67 3.37 7.09

HHK technology in 60.00 108.44 132.50 193.14 20.00 514.08

Brick kiln

Total 2172.65 2243.1 2277.98 2118.07 10982.27

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Graph:

Figure 9: BB’s Refinance Scheme of green finance

Interpretation: Bangladesh Bank gives refinance scheme for green products. From graph, we
see that, in bio gas sector contribution is 23.17 BDT in million. In Paper waste Recycling
product is given second highest contribution that is 328.93 BDT in million. In HHK technology
in brick kiln has given highest contribution that is 514.08 BDT in million.

5.6 Comparison of Green Finance Activities between Janata Bank PLC and public
banks
Green Investments (finance) implies the financial services to the businesses and projects
that helps prevent deterioration of the environment as well as which are not harmful to the
environment. As per bank’s principles of giving preferences to eco-friendly business
activities and energy efficient industries, today’s bank has been taken different steps for
enhancing the green investment. In this study, shown the difference of green finance Janata
bank Plc and other banks.

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Table 12: Comparison green financing activities between Janata Bank PLC and public
banks
Figure 10: Comparison green financing
In million (BDT) between JBL and public banks

Bank name Year

2024 2023 2022
Janata Bank Plc 5750.00 5500.00 5000.00
Sonali Bank Plc 1074.78 1691.71 1102.43
Pubali Bank Plc 5338.80 2541.39 1796.50
Agrani Bank Plc 9474.90 8340.00 500.00

Interpretation: In 2022, Janata Bank Plc allocate budget for green financing tk 5000(in million),
but from the graph we see that in 2022, other banks also allocated finance for green financing,
such as Sonali, Pubali, Agrani bank plc -1102.43,500.00,1796.5o.
In 2024, We see that, Janata Bank Plc allocate budget for green financing tk 5750(in million),
but from the graph we see that in 2022, other banks also allocated finance for green financing
1074.78,5338.80 ,9474.90. Agrani Bank has allocated more budget than other banks.

5.7 Comparison of Green Finance Activities between Janata Bank PLC and Private
banks
Table 13: Comparison of Green Finance Activities Figure 11: Comparison between
between Janata Bank PLC and Private banks
JBL and Private banks
Bank
Year
name

2024 2023 2022

Janata
5750.00 5500.00 5000.00
Bank Plc

Bank
3249.9 2102.00 1079.00
Asia

Shahjalal
Islami 265.35 169.35 265.35
Bank

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Interpretation: In 2022, Janata Bank Plc allocated a budget of Tk 5000 (in million) for green
financing. From the graph, we observe that other banks, such as Bank Asia and Shahjalal Islami
Bank, also allocated budgets for green financing, amounting to Tk 1079.00 and Tk 265.35 (in
million), respectively. Janata Bank Plc's allocation was significantly higher than the others,
reflecting its leadership in green financing initiatives for that year.
In 2023, Janata Bank Plc increased its allocation to Tk 5500 (in million) for green financing.
From the graph, we see that other banks also stepped up their allocations, with Bank Asia
allocating Tk 2102.00 and Shahjalal Islami Bank allocating Tk 169.35 (in million). Despite
these increases, Janata Bank Plc maintained its leading position in green financing for the year.
In 2024, Janata Bank Plc further raised its green financing budget to Tk 5750 (in million).
Other banks also allocated notable budgets for green financing, with Bank Asia allocating Tk
3249.90 and Shahjalal Islami Bank maintaining a steady allocation of Tk 265.35 (in million).
While Janata Bank Plc's allocation remained the highest among the three banks, Bank Asia's
substantial increase indicates its growing focus on green financing.
This interpretation highlights the significant contributions of Janata Bank Plc while
acknowledging the growing efforts of other banks in supporting green financing over the years.

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Chapter Six: Findings

After analyzing data of Janata bank Plc, the findings are noted dawn:
• Janata Bank PLC has followed 3 obligations – environmental, social and, economic
obligations
• In liquid waste management, Janata Bank PLC has allocated maximum budget that
is 4900 in million (BDT).
• In 2024, Janata Bank PLC has allocated the higher budget (5750 in million BDT) from
preceding years.
• Janata Bank PLC allocates green finance budget in sector-wise products.
• In 2024, Janata Bank PLC allocate budget in 11 green products
• Day by day, Janata Bank PLC has given priority on eco-friendly projects
• From BB’s annual & sustainable report, sector wise more contribution in green finance
(43%)

Chapter Seven: Recommendation & Conclusions

7.1 Recommendation

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Though Janata Bank PLC is performing well but it has some crucial areas to improve which
are prescribed below:
• Janata Bank PLC should upgrade its green products to expand financing.
• New products such as student loans, medical loans, and marriage loans should be
launched in Janata Bank PLC and these products should not be available in social
banking.
• Janata Bank PLC completely managed its customer services problems through
assistance for new clients in connection with opening an account with Janata Bank
PLC.
• Information desks should be provided in every branch.
• Janata Bank PLC should strive to implement what they have planned for additional
green financing.
• Janata Bank PLC should recruit new staff as and when necessary.
• Janata Bank PLC should organize training programs for employees.

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7.2 Conclusions
As the nation's economy advances, banks and other financial institutions have come to be
absolutely essential. One of the most attractive banks in our nation is Janata Bank PLC. Along
with its considerable assets, the bank has a broadened portfolio to handle any ambiguity. The
ability to quickly react to a sudden change in surroundings is a strength of Janata Bank PLC.
For instance, Janata Bank PLC already converted the computerized system and online banking
in a very short amount of time. Moving on to the project's theme, Janata Bank PLC is
significantly impacted by the product schemes for deposits. Janata Bank PLC should work
more on strengthening its deposit product schemes as a result. There are no marketing or
advertising regulations at Janata Bank PLC. It is actually leading to an absence of this section.
The bank must step forward to made a strong image by promoting their offered deposits
product schemes.
They should upgrade their policies and facilities related to deposits collection products. In
addition to that they can hire some experts who can advise about the products to achieve the
target. An effective team should be formed with a perfect combination of skilled and
experienced employees to do research over the deposit collection products and monitor the
performance and the contribution of these deposits’ product schemes in the overall business.
Janata Bank PLC is strongly positioned in the banking sector of Bangladesh. The employees
of Janata Bank PLC have been working tremendously for achieving its goals and vision.

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