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   For A Better Tomorrow ©

Bangladesh is considered to be the next emerging economy of Asia. The growth pattern of Bangladesh is similar to the four Asian tigers during the industrialization of their economies. However, rapid economic growth coupled with a rising population is taking a toll on the environment, ecology and natural resources in Bangladesh. Due to simulation of these incidences our country has become highly vulnerable towards climate changes. These incidences are the major hindrances to our sustainable development. As a participator of the Development of the economy of the country, Bank Asia Ltd recognizes its responsibility to protect the environment and to the people of the country. To contribute ensuring the protection of the environment and the society, Bank Asia Ltd is adamant to integrate sustainability into overall credit management by adopting Environmental & Social Risk Management policy.


Implementation of Environmental & Social Risk Management policy will benefit Bank Asia in following ways.

  • Reduction of the probability of increasing NPL(Non- performing Loan) due to closing down a project as a result of environmental /social issue
  • Improvement of the quality of asset portfolio by excluding the clients not capable to meet the Environmental & Social requirement
  • Maintaining an environmentally and socially clean portfolio will also have impact in CAMELS rating, liquidity and capital requirements credit growth and profit distribution.
  • Improvement of the Brand image of the Bank by committing to the betterment of the environment and to the society.

As part of sustainable finance initiative, Bank Asia ICT Division has introduced green data center which is entirely built, managed and operated on green computing principles. It provides the same features and capabilities of a typical data center but uses less energy and space, and its design and operation are environmentally friendly. During the year Bank Asia ICT Division has deployed Blade servers, which provide high performance with low power consumptions and occupy less space. Moreover Bank Asia ICT Division has been providing automation system in different department for practicing paperless reporting and other documentations.


We also deployed Smart Clients instead of conventional PCs which were centrally managed, highly secured and easy to deploy but low maintenance cost solution and low power consumption. The results are robust solutions that use the Internet as a worldwide LAN with true Desktop functionality and performance.


As greening of mind, 2 trainings was organized related to Green Banking & Environmental Risk Management, Reporting format of Green Banking activities, Financial inclusion, CSR and Green Banking this year. In 2018, Training Institute of Bank Asia has provided 8 trainings on Green Banking under Foundation training course & other training related to Green banking to 250 employees.


In view of highlighting our Green Banking activities and creating awareness amongst our stakeholders, the Articles on Green Banking, sustainability reporting were published in different newspapers which reflect our Green initiatives to our employees, our stakeholders and all subscribers of those newspapers.


Initiative to Reduce the Bank's Adverse Impact on Environment

Bank Asia by principle always averts financing in environment hazardous business. The bank has decided not to finance any tobacco related business, weapons & munitions, Gambling, casinos, pornography (goods/stores/web-based), alcoholic beverage and all offices of the bank are declared smoking free zone. We incorporated environmental and climate change risk as part of the existing credit risk methodology prescribed to assess borrowers through Environmental & Social Due Diligence (ESDD) checklists.

Reducing Carbon Footprint

Since inception Bank Asia has turned to eco-friendly banking as a way to lower carbon footprint in its’ normal banking activities. As part of our commitment for our green economy we have signed a participation agreement with Bangladesh Bank under refinance scheme in 2011 for lending in solar energy, bio- gas, and effluent treatment plant(ETP) & hybrid Hoffman kiln (HHK).