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Sustainable development of bankque pour le commerce exterieur Lao public (BCEL)
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The study makes use of exploratory and descriptive research design and is based on secondary sources of data collection. The dimensions of sustainable banking have been identified as environmental, social and governance (ESG). The research further highlights that sustainability issues focused by banks primarily involve “environmental” and “social” considerations, however, the “governance” aspect has not yet been considered by many. Moreover, the study reveals that there are no guidelines specified by the Bank of Lao PDR (BOL) for sustainable banking practices in Lao to date. The insights gained from the study would enrich the existing literature on sustainable banking in Lao.
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