Research On The Influence Of Green Credit On The Competitiveness Of Commercial Banks

The concept of green credit originated from foreign countries.Up to now,there has been a relatively sound framework system and corresponding institutional mechanisms.The actual implementation in China is after 2007.Relevant departments such as the Environmental Protection Bureau,the Banking Regulatory Bureau and the People's Bank of China have issued a series of related policies to guide commercial banks to incorporate the environmental protection of enterprises into the credit approval process,increase capital investment in environmental protection enterprises,and reduce the loan ratio of the ‘two highs and one surplus' company.So how does the green credit policy work and how does it affect the competitiveness of commercial banks?First of all,this paper understands the research content and research methods at home and abroad through the literature research,and sorts out the role of green credit in the competitiveness of commercial banks,paving the theoretical foundation for the empirical research.Secondly,this paper analyzes the development status of China's commercial banks and the implementation status of green credit systematically.Through the comparison of horizontal and vertical,this paper explores the internal reasons for the differences in the implementation of green credit in commercial banks.Next,17 sample banks were selected to study the relationship between green credit and commercial bank competitiveness empirically using the 2012-2017 data.In this part,the principle of balanced scorecard is introduced firstly,and a corresponding set of indicators is selected from the four dimensions-the commercial bank's financial level,the customer level,the internal operation level,and the learning and growth ability level,to design a more comprehensive commercial bank competitiveness indicator system.Then the entropy method is used to calculate the competitive comprehensive scores of 17 sample banks.Then,the commercial bank's competitiveness comprehensive score is taken as dependent variable,the commercial bank's green credit ratio and green reputation are used as independent variables,andthe commercial bank's asset share and capital adequacy ratio are selected as the control variables.These five variables are linearly regression.From the regression results,we can see that the impact of green credit on the competitiveness of commercial banks is positive.In order to consolidate the above research conclusions further,this paper adopts the method of replacing the main variables,replacing the green credit ratio with the green credit scale of commercial banks,as well as replacing the green reputation with the green reputation dummy variable.And then conducts the robustness test,which leads to similar conclusions.Finally,the corresponding policy recommendations are proposed at the national level and commercial bank level.