Background of the Study
Sustainable finance practices have gained prominence in recent years as businesses strive to balance profitability with environmental and social responsibility. In Nigeria, banks like GTBank have embraced sustainable finance principles to promote economic development, environmental conservation, and social inclusivity.
Sustainable finance practices involve integrating environmental, social, and governance (ESG) considerations into lending, investment, and operational strategies. For GTBank, these practices include funding renewable energy projects, offering green loans, and adopting environmentally friendly banking operations (IFC, 2023).
This study examines the implementation of sustainable finance practices at GTBank, assessing their impact on the bank’s performance and societal contributions.
Statement of the Problem
While Nigerian banks have adopted sustainable finance practices, the extent of their implementation and impact remains unclear. GTBank, a leader in the industry, faces challenges such as regulatory compliance, stakeholder engagement, and balancing profitability with sustainability.
The limited availability of empirical studies on sustainable finance practices in Nigerian banks hinders the understanding of their effectiveness. This study aims to address this gap by analyzing GTBank’s practices.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
The study focuses on sustainable finance practices at GTBank from 2015 to 2025. Limitations include data confidentiality and the evolving regulatory framework for sustainable finance.
Definitions of Terms
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