Research On The Green Credit Of Commercial Bank

In today's rapid economic development, interests look like to be one of the most important key words. Adam Smith, the father of modern economy theories, said in "Wealth of Nations":"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest." Similarly, the commercial banks make loans and offer financing for more benefits. But we must notice that the commercial bank, like a booster, boosts high pollution, high energy consuming projects and this will make our ecological environment serious impacts. Now we have to change the path, slow down the steps, transform the mode for our economic development, balance the environment and the interests, and do a little contribution for our home of earth. In financial development, as holders of funds, the commercial bank plays a significant role in controlling the flow of the loans, and makes great effects in direction of the company development. A business or a project, requires financial support for successful implementation, In this situation, the commercial bank faces to limit funding and enormous needs for loan needs. So how to make decision in this circumstance should be the main problem we discuss in this article-green credit system.The first section of our article describes the concept of the green credit system with the property of balance, unification and brand-new. Its core values include environment balance promotion and economic efficiency, and the function of social responsibility implementation and social economy development motivation. The second section of the article discusses the current situation and problems of our green credit system. Compared the fulfillment of green credit system for the commercial banks in our country with the green credit system in foreign countries, we dig out two main problems of green credit system in our countries:the legislation and the law enforcement. The third section proposes the construction of green credit system, first the goal of construction and then the principles and rules building. Legal principles, includes the precautionary principle, the principle of environmental priorities, cooperation and win-win principle. Rule of law, including legal relationship subject eligibility rules, rating rules, disclosure rules, regulatory rules and legal liability rules. The last section optimizes the social environment of green credit system, improves the supporting measures in all aspects of green credit system, and proposes many helpful advices.The green credit system is widely implementing in foreign banks and achieves excellent results. China now also needs to learn from this scientific system, Commercial banks should judge the credit before, during and after the credit-to-business credit based on this system, and make obligatory contributions to China's economic development and environmental protection.