It’s Time for Green Banking Management in Romania Cover Image

It’s Time for Green Banking Management in Romania
It’s Time for Green Banking Management in Romania

Author(s): Ioana Florentina Savu
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: finance; ecology; recycling; environment

Summary/Abstract: In the current Romanian economic climate banks will have to develop a series of initiatives in order to reduce environmental impact. The article is intended to define banks ecological behavior and establish the role of non – governmental organizations and banking products in bank’s ecological management. It focuses on projects that banks can undertake in partnership with environmental organizations such as paper recycling, forestation with employees - volunteers from the banks,"canvas bag", building solar panels and "sustainability tour". For an appropriate environmental behavior, banks should encourage customers to use banking products and services in a friendly environment, opting for green cards, online banking, electronic bank statements, green mortgages,green home equity loans, green commercial buildings loans or green car loans.

  • Issue Year: 8/2012
  • Issue No: 2
  • Page Range: 61-69
  • Page Count: 9
  • Language: English