Bangladesh Finance has launched a groundbreaking financial product called the ‘Green Deposit’ as part of its commitment to steering the country towards a sustainable economy. The Chairman, Manwar Hossain, and the Managing Director and CEO, Md. Kyser Hamid, officially introduced the product at an event hosted by Bangladesh Finance at the Dhaka Chamber of Commerce and Industry in Motijheel on Thursday evening, November 16, 2023.
The Chairman highlighted the significance of the ‘Green Deposit,’ emphasizing its role as an innovative initiative designed to direct customers’ savings toward social responsibility. The primary focus is on supporting initiatives related to sustainable development, providing opportunities for emerging entrepreneurs, especially women, and contributing to the creation of not only economically self-reliant communities but also a sustainable and environmentally friendly world.
The Managing Director and CEO further underscored the product’s importance, stating that the objective is to leave a habitable world for future generations. By preventing the adverse effects of natural calamities, particularly those related to the greenhouse effect, it becomes possible to protect the environment. In alignment with government and Bangladesh Bank initiatives aimed at achieving net-zero carbon emissions, Bangladesh Finance has introduced the 100% eco-friendly financial product, the “Bangladesh Finance Green Deposit.”
The ‘Green Deposit’ establishes a unique platform where deposits are exclusively tied to Green Financing accounts. Going beyond a conventional account, this platform empowers customers to contribute actively to the country’s sustainable development, allowing them to be recognized in terms of their carbon footprint. It serves as a milestone towards building a socially responsible and environmentally sustainable society, contributing to the vision of a Green Bangladesh with a robust and eco-friendly economy. Officials from Bangladesh Finance were present at the event to mark this significant initiative.
