Research On The Development Strategy Of Green Finance Business Of Shanxi Minsheng Bank

With the continuous development of the economy,human harm to the ecological environment is becoming increasingly significant,not only posing a direct threat to the ecological security of banks,but also hindering their sustainable development and production."Green finance" is not only a new financial concept,but also a new development model that combines finance and environmental protection,and it is also an inevitable trend of world financial development.However,at present,there is a situation of "low enthusiasm and efficiency" in the development of green finance in China.The fundamental reason is that we have not yet formed a sound system that can encourage and restrict green finance,which leads to the low efficiency of green finance development in China,and there is a big gap compared with developed countries.At the same time,the report of the 18th National Congress of the Communist Party of China put forward the strategic goal of "deepening financial system reform,promoting Financial innovation and maintaining financial stability in the field of the financial system",and "building and improving the target system,assessment system,reward and punishment mechanism in line with ecological civilization".This paper aims to provide theoretical materials and references for this major breakthrough.Commercial banks are the core system of China’s finance,so they need to undertake the pilot,innovation and development of green finance.Shanxi Minsheng Bank is the first financial institution to establish a green finance business department in Shanxi Province,and it is a pilot of green finance reform and innovation in Shanxi Province.In view of the fact that the development of green finance in Shanxi Province is still in the initial stage of exploration,this paper will focus on the development of green finance of Minsheng Bank.The theoretical knowledge about the development of green finance has been systematically sorted out.At the same time,according to the current situation of green finance of Shanxi Minsheng Bank,this paper also proposes an incentive and restriction mechanism suitable for green finance development of Shanxi Minsheng Bank.First of all,this paper theoretically discusses the incentive compatibility of green finance development of Minsheng Bank of Shanxi Province through the literature research method;Secondly,through the comparative analysis method,it compares Minsheng Bank with many commercial banks at home and abroad,and analyzes the problems existing in the policy and practice of developing green finance of Minsheng Bank in Shanxi Province under the current general environment;Thirdly,it makes qualitative and quantitative analysis on the current situation of green finance development of Shanxi Minsheng Bank,and draws valuable conclusions.Optimize and improve green credit,risk control capabilities,and talent cultivation for banks.Provide corresponding guidance to the government in terms of laws and regulations,regulatory mechanisms,disclosure mechanisms,information communication,and publicity.