Bangladesh Bank has released sustainable ratings on 10 banks and 3 financial institutions. All the banks are listed on the stock market of the country.
Recently Bangladesh Bank’s Sustainable Finance Department published this list of sustainable banks and financial institutions.
This time, BRAC Bank, The City Bank, Eastern Bank Limited (EBL), Exim Bank, Jamuna Bank, Mutual Trust Bank, Prime Bank, Trust Bank, United Commercial Bank, and Uttara Bank are on the list of sustainable 10 banks.
The three financial institutions are IDLC Finance, IPDC Finance, and United Finance. All the financial institutions are also listed in the capital market.
This time the list is based on the data of 2023. BRAC Bank, The City Bank, and financial institution IDLC Finance have been on the list for four consecutive years.
Mainly based on five indicators, the sustainability rating of banks and financial institutions has been verified. The indicators are sustainable financing, social responsibility activities, financing of environmentally friendly projects, sustainable core banking index, and scope of banking services.