Research On The Innovative Development Of Green Credits Of Listed Commercial Banks

In recent years,the construction of ecological civilization has been placed in the prominent position of the economic development.Green finance has become an important concept to promote the coordinated development of financial activities and environmental ecology.Banks play an unusual and important role as the main channel for the allocation of funds.Focus on the returns and risks of commercial banks caused by the green credits,we calculate the gray relational degree and correlation by using the selected data of 12 listed commercial banks from 2007 to 2014.The result of the gray relational analysis shows: comparing with the high pollution high energy consumption and overcapacity debts,there are 66.7 percent banks reward more from the green debts and 50.0 percent banks' green debts lead to fewer risks.41.7 percent of banks can improve performance and reduce risks at the same time by issuing more green debts.The hysteretic test shows: The state-owned commercial banks perform well.These two kinds of debts take effect on short-term analysis,and the long-term market driving mechanism needs to be enhanced.At the same time,according to the problems of the green credits in our country,this paper analyzes and studies from the point of Chinese government and the commercial banks that carry out the green credits.On the basis of this,some advises are provided and suggested.And I hope to provide some ideas for the sustainable development of the green credits of commercial banks in China.