An Empirical Study in Nepalese Commercial Bank’s Performances on Green Banking: An Analysis From the Perspective of Bankers

Abstract

Background: Becoming environmentally viable, lately, ‘Going Green’ has been a popular expression for both worldwide banking and financial areas just as for the overall population. Green banking as a piece of going green is another method of playing out the financial organizations thinking about the clean natural issues and corporate social duty of banks. Objectives: This paper tries to investigate banker’s overall arrangement and elements influencing their viewpoint on green banking performances. Method: The information was gathered between June–October 2019 from various banks in Kathmandu valley, Nepal. The sample of 326 financial representatives has been gathered by utilizing a purposive sampling technique. Collecting primary and secondary data, this study utilizes an explanatory research design that assesses the causal relationship among reliant and free factors. The paper utilizes descriptive and inferential techniques for assessment. For understanding green financial mindfulness of the bankers, an index has been calculated. Result: The outcomes show that large numbers of the bankers are less mindful of green financial practices in their banks, while just 5% of respondents know about green banking practices. The Probit regression results uncover that education, preparing for green banking, fixed expense, client fascination, related parties’ directions, and security of the climate have critical and constructive impacts on green financial practices in banks. Conclusion: All in all, for the selection of green financial practices, most importantly, banks ought to provide training to their employees and offer effective online services to their clients.

Green Banking and Perceived Financial Performance of Nepalese Commercial Banks

“…Findings from research by , Risal & Joshi (2018), Biswakarma (2017), and others suggest that integrating green practices into banking operations positively influences environmental performance, reputation, and customer awareness. Furthermore, studies by Mir & Bhat (2022), Kaur &Grover (2019), andTandukar et al (2021) emphasize the crucial role of green banking in promoting sustainability goals, enhancing efficiency, effectiveness, and economy within the banking sector of Nepal. Through a synthesis of these findings, the research hypotheses formu-lated aim to investigate the specific relationships between green banking practices and the perceived financial performance of Nepalese commercial banks, providing insights for policymakers, regulators, and bank management to promote sustainable banking practices and enhance overall performance.…”

“…Supportive management, environmental relevance, and addressing cognitive efforts and subjective norms encourage green banking among Bangladeshi bankers for sustainability. Tandukar et al (2021) examined the popularity of going green in the banking and finance sectors and explore factors influencing bankers' perceptions of green banking success. Conventional sampling methods gathered data from 326 financial representatives through surveys between June and October.…”

Determinants of Investors' Awareness of Online Trading in the Nepal Stock Market: An Empirical Assessment Using Binary Logit Model

“…Vaidya (2021) has asserted that among the ten sectors classified by NEPSE, only banks, development banks, finance companies, and micro-finance are overseen by Nepal Rastra Bank, and life-insurance companies, non-life insurance companies, and reinsurance companies are reigned by Beema Samiti (Insurance Board). In addition, regarding the favourable situation of digital transactions in Nepal, Tandukar et al (2021) argued in their study conducted in Kathmandu Valley that among various digital banking services, mobile banking (32%) is the most commonly used service by all banks. Online banking is the second most widely used service (27%).…”

The Promotion and Optimization of Bank Financial Products Using Consumers’ Psychological Perception

“…The number of users increases exponentially, forming a situation dominated by the four major state-owned commercial banks, supplemented by urban commercial banks, and foreign banks gradually enter. The competition is quite fierce ( Tandukar et al, 2021 ). The financial needs of individuals and families are increasingly higher with the rapid economic growth and the increase of national income year by year.…”