The Banks from the Respect Index and Their Financial Efficiency

Justyna Zabawa

Abstract

There are some indexes and rankings in modern economy that may be used to verify the socially and environmentally attitudes and the commitment of organisations, both European and global scale. One of them is the Respect Index on Warsaw Stock Exchange in Poland. This index is dedicated for different kind of enterprises, including banks as well. The main aims of the paper are: to check which banks have taken part in the Respect Index during all editions and to analyze the financial situation of these banks included in the Respect Index. In the last edition of Respect Index are 28 companies, including 7 banks: Bank Ochrony Środowiska S.A., Bank Pekao S.A., Bank Zachodni WBK S.A., ING Bank Śląski S.A., mBank S.A., Bank Handlowy w Warszawie S.A. and Bank Millennium S.A. The financial situation of banks In Respect Index was examined by ratios: ROA (return of assets), ROE (return of equity), C/I (cost to income), CAR (capital adequacy ratio) and IMR (interest margin ratio). It’s turned out that the financial situation of banks from the Respect Index project is better than in the all commercial banks in Poland. It can be means that the correlation between financial situation of banks and their engagement in the environmentally friendly activities is positive and high. The paper is a part of the project of National Science Centre, Poland, project number 2016/23/D/HS4/02841, “Green banking versus economic efficiency of Polish banking sector in the context of implementation of the Directive UE 2014/95/UE”.
Author Justyna Zabawa (MISaF / IZF / KB)
Justyna Zabawa,,
- Katedra Bankowości
Pages5891-5895
Publication size in sheets0.5
Book Soliman Khalid S. (eds.): Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth. Proceedings of the 32nd International Business Information Management Association Conference (IBIMA), 2018, International Business Information Management Association (IBIMA), ISBN 9780999855119, 8422 p.
Soliman_Vision_2020_Sustainable_Economic_Development.pdf / No licence information (file archived - login or check accessibility on faculty)
32nd IBIMA Conference proceedings - Part 9 of 9.pdf / No licence information (file archived - login or check accessibility on faculty)
Keywords in Englishbank, environment protection, financial efficiency, Respect Index
Languageen angielski
Score (nominal)70
Score sourceconferenceList
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