Bank of Ceylon goes for Green Banking | Sunday Observer

Bank of Ceylon goes for Green Banking

6 November, 2016

The Bank of Ceylon as the leading bank in Sri Lanka, has always acted as a responsible financial institution by creating the best solutions for its customers in an environmentally friendly manner. The Bank has incorporated Green Banking as a strategic business initiative to its business process. Green Banking is still an evolving concept that has emerged in recent years. Its core idea is to engage in any form of banking which the community gets environmentally benefitted through its practices. The importance of the banking industry being involved in green initiatives comes through its importance in playing the role in economic development through financial intermediation. The banking sector acts as a major partner in financial inclusion therefore vested on its economic power it can promote environmentally sustainable and socially responsible investments and projects.

“For the Bank of Ceylon Success is always to gain sustainable growth together with the wellbeing of the community, therefore the idea is embedded as an integral part in the Bank’s core mission. Understanding the economic, social and environmental needs the Bank evolved its approach overtime towards this mission without compromising the environment at any cost. 

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