| Title | Determinants Affecting the Green Bank Development in Vietnam |
|---|---|
| ID_Doc | 74468 |
| Authors | HA Bang, N; Nga, PTH; Dao, L |
| Title | Determinants Affecting the Green Bank Development in Vietnam |
| Year | 2024 |
| Published | Montenegrin Journal Of Economics, 20, 2 |
| Abstract | To contribute to the implementation of the national action plan on green growth. Green banks will be an essential resource in implementing the green growth strategy until 2025 because the banking system can contribute to limiting environmental and social risks by not lending to customers with projects that pollute or have adverse impacts on the environment and people's lives. On the other hand, strict control from the bank appraisal stage also encourages businesses to move towards cleaner and safer production and business activities. Therefore, the paper's primary objective is to explore determinants affecting green bank development in Vietnam. The authors surveyed the data by developing a formal survey for the research topic with 950 surveyed officers and employees related to 15 commercial banks and used structural equation modeling (SEM) and SPSS 20.0, Amos software. The paper finds eight factors affecting the green bank development in Vietnam with a significance level of 0.01, and all eight hypotheses are accepted. The article's value determines the banking technology's most substantial impact on green bank development. Finally, the authors had important recommendations for improved banking technology and the goal of green and sustainable growth. Building and developing a green bank in Vietnam is an urgent requirement. Green banking is an essential strategy in the sustainable development orientation of the banking system. |
| https://doi.org/10.14254/1800-5845/2024.20-2.6 |
Similar Articles
| ID | Score | Article |
|---|---|---|
74569
|
Hac, LD; Trang, NTT; Minh, LX Green Credit Development: Current Status and Policy Recommendations in Vietnam(2022)International Transaction Journal Of Engineering Management & Applied Sciences & Technologies, 13, 3 | |
| 70221
|
Tam, PT Factors Affecting the Sustainable Development of Commercial Banks in Vietnam(2023)Indian Journal Of Economics And Development, 19, 3 | |
| 66557
|
Sharma, M; Choubey, A Green banking initiatives: a qualitative study on Indian banking sector(2022)Environment Development And Sustainability, 24, 1 | |
| 67076
|
Aslam, W; Jawaid, ST Green banking adoption practices: improving environmental, financial, and operational performance(2023)International Journal Of Ethics And Systems, 39, 4 | |
| 32654
|
Aslam, W; Jawaid, ST Green banking adoption practices: the pathway of meeting sustainable goals(2023) | |
| 70538
|
Wang, Z; Shahid, MS; An, NB; Shahzad, M; Abdul-Samad, Z Does green finance facilitate firms in achieving corporate social responsibility goals?(2022)Economic Research-Ekonomska Istrazivanja, 35, 1 | |
| 65226
|
Manurung, KAA; Siregar, H; Fahmi, I; Hakim, DB Sustainable Value Chain for Sustainable Lending of State-Owned Banks in Indonesia(2024)Sustainability, 16.0, 12 | |
| 35685
|
Yan, C; Siddik, A; Yong, L; Dong, QL; Zheng, GW; Rahman, MN A Two-Staged SEM-Artificial Neural Network Approach to Analyze the Impact of FinTech Adoption on the Sustainability Performance of Banking Firms: The Mediating Effect of Green Finance and Innovation(2022)Systems, 10, 5 |