It’s Time for Green Banking Management in Romania

Ioana Florentina Savu (buduioana@yahoo.com)
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Ioana Florentina Savu: Academy of Economic Studies, Bucharest, Romania

Acta Universitatis Danubius. OEconomica, 2012, issue 2(2), 61-69

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.

Keywords: finance; ecology; recycling; environment (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2012:i:2:p:61-69

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