Design And Application Of Green Credit Evaluation Scheme Of Jiujiang Bank

The industrial development of China has promoted the strong rise of the economy.The undertaking of a large number of global manufacturing industries has brought an unbearable burden on the ecological environment.Low-carbon and sustainable green development has become a global consensus.In 2007,the Chinese government officially put forward the concept of “green credit” for the first time,hoping that financial institutions could adjust the demand and flow of social funds by carrying out green credit business promoting energy conservation and low-carbon development of green industries,so as to effectively support the development of green industries and protect the ecological environment.In 2012,CBRC officially issued the green credit guidelines,which became an important policy and guiding basis for China's financial institutions to further develop credit support for green enterprises.In 2015,“ green development ”was put forward as one of the five development concepts.As the core financial institution in China's social financing system,the banking industry is an important promoter and active practitioner of green credit business.In 2017,as Jiangxi province officially became one of the green finance reform and innovation pilot zones,Jiujiang Bank first approved the establishment of the green finance division of Jiujiang Bank to promote the development of green credit business of Jiujiang Bank and lead the development of green finance in Jiangxi province.Because China's commercial Banks do not have a unified credit evaluation mechanism for green credit and Jiujiang Bank lacks quantitative research in the process of green credit evaluation,so this paper takes the deficiencies in credit evaluation of Jiujiang Bank's green credit business as the starting point,and uses a combination of qualitative analysis and quantitative analysis to build an appropriate index system and evaluation model to provide the bank with a specific and operable solution,hoping to provide an effective scheme for the risk prevention of Jiujiang Bank's green credit.Firstly,by studying the research results of domestic and foreign scholars on green credit and green credit evaluation,this paper gives a general introduction to the basic theory of green credit evaluation and a brief introduction to the development status of green credit business of Jiujiang Bank.Secondly,considering the late start of green credit in China and the unique environmental risks of green credit,this paper designs a green credit evaluation scheme for Jiujiang Bank.In order to embody the system principle of “environmental protection with one vote”,the scheme is divided into three steps: the first step is qualitative analysis.The second step is the environmental performance evaluation AHP model,which uses the analytic hierarchy process to evaluate the environmental performance of enterprises.According to the score of environmental performance,it can judge whether the environmental behaviors of enterprises meet the standards.The third step is the green credit assessment AHP model,which uses the analytic hierarchy process to comprehensively consider environmental,financial and non-financial information,carries out the green credit assessment on the enterprises passing the second step test,and finally obtains the credit status of the enterprises.Finally,this paper selects three representative companies for case analysis,and the evaluation results were in line with expectations.The three companies were given evaluation results of “Credit Level A”,“Credit Level AA” and “No Loan”.Although the green credit evaluation scheme designed for Jiujiang Bank in this paper has the advantages of easy data availability,model feasibility,and wide application scope,it still has some shortcomings such as time lag and environmental indicators that are difficult to quantify.Therefore,after analyzing the advantages and disadvantages of this scheme,this paper puts forward relevant suggestions to improve the effectiveness of Jiujiang Bank's green credit evaluation from the government level and bank level.