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Green Banking
Green Banking is to provide innovative green products to support the activities that are not harmful to environment and help to conserve the environment. It aims to use the resources of a bank with responsibility avoiding spoilage and giving priority to environment and society. Green banking saves costs, minimizes the risk, enhance banks reputations and contribute to the common good of environmental sustainability. It serves both the commercial objective of the bank as well as its corporate social responsibility. MBL have established a separate Green Banking unit and aiming to turn our Bank as ‘Green Bank’ a lot of measures have been adopted including green fi nancing, creating awareness among the employees for effi cient use of water, electricity and paper, giving preference to eco friendly while fi nancing and reuse of equipments. Banks can concentrate on environment by Projects in the fi eld of renewable energy (wind energy, solar energy & hydro-electric projects), organic agriculture across the entire value chain including health food shops and environment technology such as recycling companies and nature conservation projects.
GREEN STRATEGIC PLANNING
Mercantile Bank Limited as a third generation Bank in Bangladesh is always committed to ensure proactive and prudent management for the environmental degradation from our banking operations. Bank is also committed to comply with environmental regulation for maintaining ecological as well as social balance and safeguarding the globe for all living beings and their future generation.

From this point of view, Bank has made a Green Strategic Planning with a set of achievable targets to do the following activities related to Green Banking:
01.
As per Bangladesh Bank’s directives on Green Banking, Bank will take necessary initiatives to implement the Green Banking Policy within deadline fixed by Bangladesh Bank.
02.
Bank has already circulated a detailed “Green Office Guide” to strengthen the green practices through the Bank. We will continuously monitor the meticulous compliance of green practices in internal operations & environment of the bank and thus we can protect the environment.
03.
Encouraging “Going Green” through financing in eco-friendly projects, such as: adoption of renewable energy and/or energy efficient technology, supply of clean water, establishment of effluent and/or waste water treatment plant, solid and hazardous waste disposal plant, bio-gas plant, bio-fertilizer plant, improved brick kiln projects etc. at lower interest and utmost care.
04.
Designing and introducing more innovative Green Products in the near future highlighting eco-benefit from green products and adding value to the existing products by inserting environmental features.
05.
Checking necessary environmental due diligence factors before lending a loan/investment and reducing of extending loans to certain environmentally harmful projects.
06.
17 (seventeen) branches of the bank have already been powered by solar energy and we are expecting that more branches will start their journey with solar panel in the coming days.
07.
Bank will enhance more services through Alternative Delivery Channel (ATM, Debit / Credit Card, Online Banking, BACPS, BEFTN, issuance of e-statement, Mobile Banking, Internet Banking etc.).
08.
Introducing new technology in banking operations that would not only benefit the customers but also increase the productivity of the employees.
09.
Introducing Video/Audio Conference in lieu of physical travel/visit.
10.
Bank will provide more monetary support, relief and loans at lower interest rate etc. in the natural disaster areas by which the victims will survive in the newer environment.
11.
Organizing rigorous Training/Workshop on Green Banking issues to educate the employees and that will continue for the coming days.
12.
Arranging more seminars and symposiums to make our clients conscious regarding environmental issues as well as to introduce our Green Products.
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