The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]

Banking stability is paramount for economic growth. A sound financial intermediation process leads to the creation of loans from depositors to borrowers, guaranteeing the nation's development. However, banking businesses through credit facilities could severely cause environmental degradation a...

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Main Authors: Abd Hishamuddin, Mohd Razuan, Bujang, Imbarine, Rimin, Flicia, Said, Jamaliah, Nainggolan, Dwi Astuti Rosmianingrum
Format: Article
Language:English
Published: Universiti Teknologi MARA Selangor 2023
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Online Access:https://ir.uitm.edu.my/id/eprint/94772/1/94772.pdf
https://ir.uitm.edu.my/id/eprint/94772/
http://myjms.mohe.gov.my/index.php/JEEIR
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spelling my.uitm.ir.947722024-05-28T14:38:52Z https://ir.uitm.edu.my/id/eprint/94772/ The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.] jeeir Abd Hishamuddin, Mohd Razuan Bujang, Imbarine Rimin, Flicia Said, Jamaliah Nainggolan, Dwi Astuti Rosmianingrum Banking Banking stability is paramount for economic growth. A sound financial intermediation process leads to the creation of loans from depositors to borrowers, guaranteeing the nation's development. However, banking businesses through credit facilities could severely cause environmental degradation and economic development. The non-green financing facilities have influenced climate change to rise and be uncontrollable, leading to inconclusive and unclear findings among scholars. The aim of this paper is to examine the impact of climate change and green financing on bank stability in Malaysia. The sample consists of eight commercial banks in Malaysia, using data stretching from 2012 until 2021 and tested using Panel Autoregressive Distributed Lag (ARDL). The general findings suggest that a commercial bank remains stable in the long run with an injection of green financing. The implications of this paper recommend that green finance can be classified as a source of alternative financing tools to mitigate the destabilising impacts of climate change on the bank's operating business and contribute to the stability of the bank. Universiti Teknologi MARA Selangor 2023-09 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/94772/1/94772.pdf The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]. (2023) Journal of Emerging Economies & Islamic Research <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_=26_Islamic_Research/>, 11 (3). pp. 109-122. ISSN 2289-2559 http://myjms.mohe.gov.my/index.php/JEEIR
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Banking
spellingShingle Banking
Abd Hishamuddin, Mohd Razuan
Bujang, Imbarine
Rimin, Flicia
Said, Jamaliah
Nainggolan, Dwi Astuti Rosmianingrum
The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
description Banking stability is paramount for economic growth. A sound financial intermediation process leads to the creation of loans from depositors to borrowers, guaranteeing the nation's development. However, banking businesses through credit facilities could severely cause environmental degradation and economic development. The non-green financing facilities have influenced climate change to rise and be uncontrollable, leading to inconclusive and unclear findings among scholars. The aim of this paper is to examine the impact of climate change and green financing on bank stability in Malaysia. The sample consists of eight commercial banks in Malaysia, using data stretching from 2012 until 2021 and tested using Panel Autoregressive Distributed Lag (ARDL). The general findings suggest that a commercial bank remains stable in the long run with an injection of green financing. The implications of this paper recommend that green finance can be classified as a source of alternative financing tools to mitigate the destabilising impacts of climate change on the bank's operating business and contribute to the stability of the bank.
format Article
author Abd Hishamuddin, Mohd Razuan
Bujang, Imbarine
Rimin, Flicia
Said, Jamaliah
Nainggolan, Dwi Astuti Rosmianingrum
author_facet Abd Hishamuddin, Mohd Razuan
Bujang, Imbarine
Rimin, Flicia
Said, Jamaliah
Nainggolan, Dwi Astuti Rosmianingrum
author_sort Abd Hishamuddin, Mohd Razuan
title The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
title_short The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
title_full The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
title_fullStr The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
title_full_unstemmed The impact of climate change and green financing on bank stability in Malaysia / Mohd Razuan Abd Hishamuddin ... [et al.]
title_sort impact of climate change and green financing on bank stability in malaysia / mohd razuan abd hishamuddin ... [et al.]
publisher Universiti Teknologi MARA Selangor
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/94772/1/94772.pdf
https://ir.uitm.edu.my/id/eprint/94772/
http://myjms.mohe.gov.my/index.php/JEEIR
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score 13.211869