The Effect Of Green Credit On Bank Operational Efficiency

China's green finance practice has made remarkable progress,and green credit has become one of the most important green financing methods in China.While green credit promotes sustainable economic and social development,it reduces the environmental and social risks of banks and brings opportunities to banks.Nowadays,the development of green credit relies more on the government's promotion.The bank's green credit awareness is generally weak,and there is a lack of uniform standards,which leads to bottlenecks in the development of green credit.Therefore,how to mobilize the enthusiasm of banks to implement green credit based on the development status of China's green credit and the development experience of foreign"Equator Principles" is a topic worthy of attention.This article expounds the status quo and existing problems of green credit,summarizes the meaning of green credit and operational efficiency,selects indicators representing the scale of green credit according to relevant theoretical literature,and constructs a bank operational efficiency index system.Trying to explore the possible impact of green credit on bank operational efficiency from the perspective of macroeconomic background and micro-variable analysis.The data of 13 commercial banks from 2008 to 2017 are selected as samples.Firstly,the dynamic comprehensive evaluation model is used to calculate the evaluation value of the bank operational efficiency,and the trend chart of green credit ratio and operational efficiency are drawn.Analyze the development trend of the two in 2008-2017 and determine whether the two are related.Then use the evaluation value to establish a panel VAR model with unit business and management expenses and green credit ratio,and empirically analyze the relationship between operational efficiency,unit business and management expenses and green credit in three parts.The results show that the operational efficiency has no effect on green credit,and green credit has a significant positive effect on the bank operational efficiency.Compared with state-controlled banks,the green credit of other joint-stock banks has a greater impact on operational efficiency.This shows that while banks are taking social responsibility in the process of implementing green credit,they also improve their own operational efficiency.Banks should seize the opportunity of green credit and establish an effective long-term development mechanism.Finally,analyze the reasons and make specific recommendations for the formulation of relevant policies.