INTERNSHIP PROPOSAL
Green Banking Initiatives of IBBL-A study on progress and performance
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Green Banking Initiatives of IBBL-A study on progress and performance
Submitted by Md. Fahmidul Huque ID: BBA 090250548 Email:
[email protected] Department of Business Administration Northern University Bangladesh
Submitted to Md. Masukujjaman Senior Lecturer of Finance Department of Business Administration Northern University Bangladesh
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Introduction:
Bangladesh is one of the largest Muslim countries in the world. The people of this country are deeply committed to Islamic way of life as enshrined in the Holy Qur'an and the Sunnah. Naturally, it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. One of the nation’s leading banking specialists of uncompromising quality in several world class banking. The leading banking company of Bangladesh has been making every effort to ensure the effectiveness and safety of the financing which it makes sure. Islami bank provides the highest quality financing at comfortable facilities to fulfill the needs of the millions of people of the country. The establishment of Islami Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with effect from March 30, 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system. In doing so, it has unveiled a new horizon and us hared in a new silver lining of hope towards materializing a long cherished dream of the people of Bangladesh for doing their banking transactions in line with what is prescribed by Islam. With the active co-operation and participation of Islamic Development Bank (IDB) and some other Islamic banks, financial institutions, government bodies and eminent personalities of the Middle East and the Gulf countries, Islami Bank Bangladesh Limited has by now earned the unique position of a leading private commercial bank in Bangladesh.
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Problem statement:
Green Banking is a new concept. The concept of Green Banking developed in the western countries, which has been replicated by many developing countries. Bangladesh Bank also circulated Green Banking for every bank. Bangladesh Bank circulated a policy guidelines for Green Banking, Already some banks are practices of Green Banking. As a leader, IBBL also practices of Green Banking. Actually we want to know that, How to do contribute Green Banking practices at IBBL. Which steps are taken at IBBL practices of Green Banking to improve their activities? IBBL practices of Green Banking, in this case which types of activities are performed in house Green Banking. Green Banking practices are necessary for sustainable environmental development, that’s why we are study of Green Banking at IBBL.
Main Objectives:
To measure the performance of IBBL in terms of Green Banking. To identify the progress of IBBL in terms of Green Banking.
Supporting Objectives:
To understand and identify the overall Islamic banking system of Bangladesh. To know its strategies, policies, and guidelines for the Green banking and Green financing. To evaluate the present condition of the bank regarding to the using solar energy, Green banking culture and ecological balancing of different department. To understand and analyze the CSR of IBBL and also environmental contribution to the economy.
Importance of the study: Now days Green Banking is very much popular. This study is very
essential. It is significance for me as a student of business administration because this study will help in the future career. I will try to find out present status, problem, progress and performance to give suitable recommendation to the bank in general. So the rational of the study is to change the perception about the bank by evaluating service quality variables that will satisfy the customers by rendering right services in the right time. That’s I want to study this topic, How to benefited of customers in Green Banking practices.
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Methodology: Research methodology is a way to systematically solve the research problem. The research methodology using for find out the solution of the research problem is analytical research methodology and some extend descriptive research methodology.
The sources are as follows: Primary sources:
Practical work exposure achieved from different desks of the bank . Informal interview with customers. Oral and informal interview of officers and employees in Islamic bank and personal observation.
Secondary Sources:
Annual report of IBBL. Website. Research papers, Newspapers. Internet and various study selected reports.
Scope of the study: The scope of the study is only limited to provide a fundamental idea on Green Banking at IBBL. There are many limitations are found in the time of report completing like:
Green banking initiatives is a new topic in Bangladesh and just going on the banking industry. Implementation time of following Green banking by all scheduled banked is not over yet. That’s why information is not available of banks. Information of Green banking activities of IBBL is not available. Time is very short. That’s why have no scope details gather knowledgw about Green banking of IBBL
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Time Frame
The following Gantt chart will explain the time frame of the internship period. Activities
Duration
Time (Month) January
Proposal
7 days( 1017,Jan , 2013)
Data collection
30 Days
Report writing
25 days
February
March
April
Submitting 10 days of final report
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Conclusion
From the above discussion, we can say that Green Banking is good concept for all banks. If all banks are practices of Green Banking, must take some benefits. Such as, to achieve cost and time efficiency, Reducing uses of paper, electricity, gases and water as much as possible inside and outside the bank, taking environment-friendly initiatives etc. Green banking is a component of the global initiative by a group of stakeholders to save environment.
Bangladesh Bank to measure the performance of Green Banking who are stars the Green Banking activities. After measurement BB also recommended that IBBL is the Green leader in practices of Green Banking. So Green Banking performance is very good at IBBL.
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