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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2023
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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 |
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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.] |
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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. |
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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 |
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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.] |
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Universiti Teknologi MARA Selangor |
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2023 |
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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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