It’s Time for Green Banking Management in Romania
It’s Time for Green Banking Management in Romania
Author(s): Ioana Florentina SavuSubject(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.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 8/2012
- Issue No: 2
- Page Range: 61-69
- Page Count: 9
- Language: English