Acta Universitatis Danubius. Œconomica, Vol 8, No 2 (2012)

It’s Time for Green Banking Management in Romania

Ioana Florentina Savu


In the current Romanian economic climate banks will have to develop a series of initiatives in order to reduce environmental impact. The article is intended to define banks ecological behavior and establish the role of non – governmental organizations and banking products in bank’s  ecological management. It focuses on projects that banks can undertake in partnership with environmental organizations such as paper recycling, forestation with employees - volunteers from the banks, "canvas bag", building solar panels and "sustainability tour". For an appropriate environmental behavior , banks should encourage customers to use banking products and services in a friendly environment, opting for green cards, online banking, electronic bank statements, green mortgages, green home equity loans, green commercial buildings loans or green car loans.


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