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

At the 13 th National People's Congress,"green development is an inevitable requirement for building a modern economic system and a fundamental strategy to solve the problem of pollution" was written into the government work report.To realize the sustainable and healthy development of China's economy,we need the full help of green finance.As a key link of China's financial system,commercial banks undoubtedly become an important pillar to support the healthy development of China's economy.However,the green credit business is still in its infancy in China.The operators lack the corresponding business experience,the macro management and supervision system are not perfect.In addition,the green credit business itself is relatively complex,and there are many uncertain factors in the operation process.At the same time,the commercial banks release the green credit mostly to complete the policy tasks,and the endogenous power of investment is insufficient.In this context,how to stimulate banks to actively operate green credit,and what kind of impact green credit will have on the operation of banks become an urgent problem.Based on this,it is of great theoretical and practical significance to study the specific impact of green credit on bank operational risk.Firstly,the paper defines the concept of green credit and bank risk,and explains the relationship between green credit and bank risk by using external effect theory,information asymmetry theory,comprehensive risk management theory and corporate social responsibility theory.Then,by describing the current situation of green credit business in China,this paper analyzes the development differences between different types of banks and different green credit projects,and points out the deficiencies in the five aspects of information disclosure,product innovation,government supervision,business capacity and attention.Next,on the basis of the above,the paper makes a theoretical analysis,expounds the relationship between green credit and bank risk from the external role,internal factors and other aspects,and puts forward the point of view of the article.In order to verify the correctness of the proposed view,33 domestic banks are selected as the empirical research objects.After the panel unit root test,multicollinearity test and Hausman test on their business data,the individual fixed effect model is used for empirical analysis to verify the correctness of the previous assumptions.The heterogeneity of banks is discussed through the methods of interaction and group regression.Based on the theoretical analysis and empirical studies described above,this article yields the following results: First,green credit has a significant negative effect on the operational risk of banks,and expanding the scale of green credit business is conducive to slow down the operational risk faced by banks.Secondly,the heterogeneity of banks can significantly regulate the relationship between green credit and their own risk.Specifically,the banks with poor credit asset quality,strong solvency and high degree of diversification can mitigate their own risks more effectively.At the same time,compared with the national joint-stock commercial banks and regional commercial banks,the state-owned large-scale commercial banks have more significant risk mitigation effect in green credit business.Combined with the above research results,the paper puts forward corresponding policy suggestions from the aspects of government supervision,laws and regulations,bank operation,information communication.,in order to promote the healthy development of green credit business of commercial banks.