Regulatory Alerts2011-02-27
Added · Updated
Policy Guidelines for Green Banking
All scheduled banks in Bangladesh must adopt a comprehensive Green Banking Policy structured in three phases with completion deadlines of December 31, 2011, December 31, 2012, and December 31, 2013, respectively. Banks are required to establish a Green Banking Unit, incorporate environmental risk into credit risk methodology, and report quarterly to the Department of Off-site Supervision starting with a report due by July 15, 2011. Compliant banks receive preferential treatment including positive impacts on CAMELS ratings, consideration for new branch permissions, and potential recognition as top performers.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.