Research On Green Credit Business Development Of Anji Rural Commercial Bank

Along with the rapid economic development,China’s ecological and environmental problems have become more and more prominent.In order to better balance the contradiction between economic development and ecological environment,the 18th Party Congress made the strategic decision of "vigorously promoting the construction of ecological civilization" from a new historical starting point,and the theory of green development gradually gained popularity,green financial policies were gradually launched,and green financial business developed rapidly.Anji County,Huzhou City,Zhejiang Province,as the birthplace of the "Two Mountains Theory",has taken the lead in green financial reform,and Anji Agricultural and Commercial Bank,as the leader of green credit development in domestic commercial banks,has gradually achieved many innovative results in green credit business development.This paper takes the green credit business of Anji Agricultural and Commercial Bank as the research object,which is of typical significance to the development of green credit in China.This paper firstly elaborates the concepts and theories related to green credit.Then it analyzes in depth the current situation,policies,scale and innovative products and services of Anji Agricultural and Commercial Bank’s green credit business,and on this basis,it analyzes six problems and their causes,such as the lack of green credit professionals in Anji Agricultural and Commercial Bank,the slow advancement of product innovation process,the still inadequate incentive mechanism,the lack of green technology capability,the imperfect communication mechanism of environmental protection information,and the formal internal control management.Next,we construct a green credit performance evaluation system,adopt the entropy power method to evaluate the performance of Anji Agricultural and Commercial Bank’s green credit business,and analyze the internal and external benefits of Anji Agricultural and Commercial Bank.Finally,policy recommendations are proposed:for the external side of the bank,measures can be taken to improve the green credit business supervision system,promote the stability and continuity of green credit policies,build a complete green credit legal system,introduce green credit support and incentive measures,and standardize and strengthen the environmental information supervision and disclosure to create a better environment for green credit development;for the internal side of the bank,measures can be taken to create a better environment for green credit development by innovating and enriching green credit products and services,cultivating a professional green credit talent team,and developing a green credit system,For banks,they can promote better and faster development of green credit business by innovating and enriching green credit products and services,cultivating green credit specialized talents,improving green credit risk prevention and control system,constructing internal bank support and incentive system,standardizing and strengthening environmental and social risk management,and promoting green credit product development and marketing.