Case Study Of SPD Bank's Green Finance Business

Green finance is a financial model that takes environmental protection as a basic principle and is a concrete practice of the concept of sustainable development in the financial field.Our economic development is now under acute resource and environmental troubles.Based on the important position of finance in the operation of the national economy,developing green finance has become an inevitable choice for improving ecological environment,promoting economic structural transformation,and achieving sustainable economic development.To this end,the Chinese government clearly proposes to accelerate the pace of building a green financial system to achieve a green transformation of the economic structure.Commercial banks are an important part of the financial system and play an irreplaceable role in regulating social resource allocation and monetary policy transmission mechanisms.Against this background,studying the current development status and development effectiveness of green finance in commercial banks is of great significance for implementing green finance-related policies and achieving green economic transformation.This article first defines the concept and characteristics of green finance,combs the relevant theories of green finance,summarizes the theories of sustainable development theory,corporate social responsibility and equatorial principles,and lays the theoretical foundation of this article.Then,based on the practice of the green financial business of domestic commercial banks,we selected SPD Bank,which is representative in terms of data performance,development path,and business structure,as the case study object.The development motivation,development history and the structural framework namely the "five major sectors" and "ten innovative products" of SPD Bank's green financial business,are introduced in detail.At the same time,its green financial business will be invested in three indicators: green credit balance scale,annual growth rate and green credit on the basis of a comparative analysis of the development effects of major domestic banking institutions,the results of China's banking industry's green financial business development and the status of the SPD Bank's green financial business relative to other banking institutions are summarized and combined with the actual situation.The advantages and disadvantages of SPD Bank's green financial business development have emerged.Finally,aiming at the situation and problems of China commercial banks' green finance reflected in thisstudy,several suggestions about how to promote green financial innovation and better development of commercial banks from two aspects of the government and commercial banks are proposed.