Bangladesh Finance Launched ‘Green Deposit’

Bangladesh Finance has introduced a new financial product called the ‘Green Deposit’ in an effort to transition Bangladesh towards a sustainable economy, The Chairman, Manwar Hossain, and the Managing Director and CEO, Md. Kyser Hamid, inaugurated the product at an event organized by Bangladesh Finance at Dhaka Chamber of Commerce and Industry in Motijheel on Thursday evening, November 16, 2023.

Describing the significance of the new product, the Chairman of Bangladesh Finance stated that the ‘Green Deposit’ is an innovative initiative aimed at channeling customers’ savings specifically towards social responsibility. The focus is on supporting various initiatives, especially in sustainable development, creating opportunities for new entrepreneurs, particularly women entrepreneurs, and fostering a concerted effort to build not only economic self-reliance but also a sustainable and environmentally friendly world.

The Managing Director and CEO further elaborated on the product’s significance, emphasizing that we want to leave a livable world for future generations. It is possible to protect the environment from greenhouse effect to a large extent if the prevention of various effects of natural calamities is done. The government and Bangladesh Bank have already taken several initiatives to bring the carbon emissions net to zero. Expressing solidarity with the initiative, Bangladesh Finance has also brought 100% eco-friendly financial product “Bangladesh Finance Green Deposit”.

‘Green Deposit’ is a distinctive platform where investments in deposits will be exclusively linked to Green Financing accounts. This platform goes beyond being a mere conventional account; it empowers customers to play a role not just as depositors but as proud citizens contributing to the country’s sustainable development. Customer will be remembered in carbon footprint as a milestone of building a beautiful society and Green Bangladesh with a sustainable economy.

The officials of Bangladesh Finance were present at the event.

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