Academy at UOB Presents a Lecture on Green Banking to “Al Baraka” Employees UoB Academy Notes the Role of Green Banking in Reducing the Electronic Footprint

Sakhir – University of Bahrain (Khadijah Abdusalem)

31 July 2024

Dawla Abdulla Almulla, a faculty member at the College of Business Administration at the University of Bahrain, called for the adoption of green banking, which contributes to reducing climate change and preserving the environment, during a lecture she gave to the employees of the Al Baraka Bank.

Around 35 employees participated in the online lecture, held during July, via Microsoft Teams, titled “Green Banking”.

Almulla introduced participants to the emergence of “green banking”, “green bonds”, and green banking application challenges.

The faculty member in the Accounting Department reviewed three strategies for implementing green banking: promoting green banking in the bank’s internal operations, promoting green banking in banking services provided to customers, and contributing to the provision of green finance.

Almulla stressed that the digital transformation in the Kingdom of Bahrain has contributed significantly to reducing the carbon footprint of operations such as: withdrawing and depositing cash and providing green loans by issuing environmentally friendly financing products, such as issuing green bonds to finance mega projects in renewable energy.

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