Subject: Submission of the internship report on “Green Banking Practices of Al-Arafah Islami Bank Limited”. I respectfully declare that it is my pleasure to submit the report on 'Green Banking Practices of Al-Arafah Islami Bank Limited' observed by you. I certify that the internship report on 'Green Banking Practices of Al-Arafah Islami Bank Limited'.
With a great request, I am Farjana Rahman Nodi offering the internship "Green Banking Practice of Al-Arafah Islami Bank Limited" as part of the requirements for completing the course. The Bangladesh Bank Corporation is the first medium-sized bank to relocate, which has done strong work to support the practice of Green Banking. Like some special rules and legal standards, central banks have the opportunity for other banks to adopt their green banking policies and practices.
This report is a small attempt to explain the Green Banking operation of the private equity firm Bangladesh Al-Arafah Islami Bank Limited and to identify the benefits of the bank's exercise towards Green Banking. At that time, I was working in Green Bank Unit as part of Savings Management Division of Kathgora Bazar as part of AIBL. The main purpose of my professional training is to understand the differences between Green Banking exercises in AIBL.
This study dealt with the performance and functionality of AIBL in the context of Green Banking alone.
Methodology of the Study
Limitation of the Study
General Objective: This internship report is primarily prepared as a requirement for the Bachelor of Business Administration (BBA) program at the Faculty of Business and Entrepreneurship at Daffodil International University (DIU). Lack of knowledge: Because I have no past practical experience in data collection, data processing, data analysis, integration and presentation. Because the sample size is very small and no big difference can be found in the samples.
I have tried my best to minimize any distortion or bias of data included in this report.
Chapter- Two
Overview of the Company
- History of AIBL
- Mission
- Vision
- Goal of the AIBL
- Commitments of the AIBL
- Values of AIBL
- Investment product & Services of AIBL
- SWOT Analysis
To achieve this success we must follow the path declared by the Holy Qur'an and the path of laughter (MS). People greatly benefit from the combination of modern technology and new products as banking tools for success. The bank has a wide range of products and services that are closely monitored to meet customer needs.
It has had a positive impact on the economic development of the country with 184 branches including 25 AD across the country. The bank's registered capital is approximately Tk 15,000.00 million, and its paid-up capital is Tk. The bank operates under the model of Mudaraba, Bai-muazzal and the hire purchase agreement has been approved by the Bangladesh Bank.
There was a Sharia group in the bank who were constantly wary of believing that the bank's operations were conducted by Islamic religions. To be a pioneer in Islami Banking in Bangladesh and contribute significantly to the growth of the national economy. The aim of Al-Arafah Islami Bank Ltd is to explore a whole new world of modern innovation, create an automated and computerized environment that provides a unique service and prepare it personally to meet the new challenges of international trade with Sharia of Islamic administration. .
Providing financial services with a touch of our heart to retailers, small and medium businesses and consumer products with the help of our subsidiaries across the country. Trust: In those around us to be proactive in terms of taking ownership and enabling those around us to grow.
Chapter- Three
Green Banking Practices of AIBL
- Definitions of Green Banking
- Concept of Green Banking
- Components of Green Banking
- Green Banking Activities of AIBL
- Institution Initiatives for green Banking
- Challenges toward green Banking
- Benefits of Green Banking
- Principles of Green Banking 4R
- Green Banking concept in Bangladesh
- Future Plans of AIBL
The banks' concern for environmental sustainability has given rise to the concept of Green Banking. The concept of Green Banking should be mutually beneficial for both banks, industries and economy. Green Banking motivates to upgrade operations and technology along with making banking environmentally friendly.
In Bangladesh as one of the key stakeholders, banks can play an important role in development and response to the environment through green Banking practices. AIBL is one of the ten companies specializing in the practice of Green Banking services in the country. The AIBL green strategic plan is updated daily as a model for the process to reduce environmental problems in the future.
And there are Green Baking's operations both internally and externally in support of the green economy. Banks are ''Specialized'': Again, while the fundamental goal of a green bank is to do good by supporting the individuals dealing with nature, the inquiry here is - exactly how much cash there is in these businesses and in the Operating expenses and costs are higher: Green banks also require special ability, attitude and mastery, due to the shortage of customers who renovate them. Workers, for example, advanced officers, need extra grounding and involvement in managing green businesses and buyers.
Avoid paper work: The concept of green banking allows bankers to avoid paper work as much as possible by relying on electronic and on-line transactions in its banking activities. Encouraging Responsibility: The awareness of business people about environmental and social responsibility is raised by the concept of green banking enabling them to do an environmentally friendly business practice. Enabling environmentally friendly business practice: green banking adopts and enforces environmental standards for lending, which is indeed a proactive action that would enable environmentally friendly business practices that would benefit our future generations.
Nationwide coverage: Green banking activities advance the banking service to its customers and cover the entire nation. Proactive way to secure well-being: Green Banking as a concept is a proactive and smart way of thinking, which is a vision of future sustainability for our earth and contributes to security and higher standard of living. Bangladesh is one of the most populous countries in the world and one of the most polluted countries in the world due to the pollution and Green House crisis caused by developed countries around the world.
The banking sector is one of the largest investment capitals in construction materials like steel, paper, cement, chemicals, fertilizers, electricity, textiles, etc., which gives maximum carbon emission. Banking Green banking refers to the way banking companies operate in such environments that help reduce external and internal carbon emissions.
Chapter- 04
Findings, Recommendations
Findings
Recommendation
Conclusions
