Research On The Development Of Green Finance Business In Bank Of Ningbo

In order to deal with the environmental pollution caused by resource consumption in economic development and change the status of treatment after development,the use of green financial policies to support ecological construction and environmental protection development began to receive attention.Green finance is supported by the financial industry,and it has become an inevitable trend for commercial Banks to vigorously develop green finance business.Dealing with the challenges in the development process and promote the sustainable development of green finance business is an important issue that commercial Banks urgently need to solve.As a city commercial Bank,Bank of Ningbo Co.,Ltd needs to study and summarize how to integrate the green finance concept into credit policies and resource allocation,how to effectively implement green finance business based on its own characteristics,and what impact the implementation of green finance business will bring on its own development.Based on the social responsibility report,financial statements and relevant reports from the company’s website issued by Bank of Ningbo,combined with the green development action plan of the Yangtze river and supported by the green finance development theory,this paper studies the development of green finance business of Bank of Ningbo.The purpose is to find out the advantages of Bank of Ningbo in developing green finance business and analyze the effects of developing green finance business on its financial and non-financial status.In the research process,the latest research results and academic literature on green finance in recent years are summarized fisrstly,and the driving factors,development status and development Suggestions for the development of green finance business are sorted out.Secondly,the writer expounds the origin and concept of green finance,defines green credit,green bond,green fund,green lease,carbon finance and other common green finance business forms,and analyzes the green finance development theory adopted in this paper.Combining with the development status and business composition of Bank of Ningbo,the external and internal motivations for the development of green finance business are analyzed,and the advantages of the development of green finance business are explored in combination with the geographical location,development characteristics and business strategy of Bank of Ningbo.Combination with the current situation of green financial business development of Bank of Ningbo,especially the company’s existing green credit,green bonds,green lease three green financial business market development situation,this paper analyzed from two aspects of financial and non-financial business for these three company operating results,further understood the promotional role that Bank of Ningbo plays for regional green economy sustainable development based on its own green finicial business.Finally,this paper summarizes the deficiencies in the development of green finance business of Bank of Ningbo,and puts forward some targeted improvement Suggestions from the four aspects of cost control,capital investment,development form and credit standard.