Research On The Efficiency Of Commercial Banks Supporting Green Credit In China

Green credit can indirectly promote the construction of ecological civilization through the function of capital allocation.The development of green credit business by commercial banks is not only a manifestation of fulfilling social responsibility,but also conducive to enhancing their competitiveness in the long run.This paper calculates the efficiency of commercial banks in developing green credit and analyses its influencing factors,and then puts forward targeted policy recommendations.Firstly,this paper reviews the relevant literature at home and abroad,and finds that there are few studies on the development of green credit efficiency of commercial banks by scholars at home and abroad,so relevant research is carried out.Secondly,it introduces the relevant concepts and theories of green credit,the current situation and characteristics of the development of green credit in commercial banks.China's green credit is developing continuously in general,but the implementation of different commercial banks is quite different and the development motive is insufficient.Commercial banks still need to improve and improve the green credit policy system and product innovation.Then,the output-oriented DEA method is used to measure the efficiency of green credit development of 14 commercial banks in China from 2011 to 2017.The conclusions are as follows: the technical efficiency and pure technical efficiency of developing green credit of commercial banks in China are generally low,that is,the output and management ability of green credit of commercial banks are not high;from the average efficiency point of view,the technical efficiency and pure technical efficiency of large state-owned banks are higher than that of joint-stock banks,and the efficiency of city commercial banks is lower as a whole;in the scale efficiency,large state-owned banks are out of business.Most of the joint-stock banks and city commercial banks are in the state of increasing returns to scale.The average value of Malmquist total factor productivity index is greater than 1,which indicates that the overall efficiency of commercial banks in developing green credit has improved in the past seven years.Then,taking technical efficiency as the explanatory variable,using fixed-effect panel regression analysis,this paper analyses the factors that affect the development of green credit efficiency of commercial banks from a micro-perspective,and draws the conclusion that total assets,return on total assets and deposit-loan ratio are positively correlated with the efficiency of green credit,while non-performing loan ratio and costincome ratio are negatively correlated with the efficiency of green credit.Explaining that the bank's moderate expansion of asset scale is conducive to the improvement of green credit efficiency,but it should prevent the diminishing returns from scale,and it also reflects the low efficiency of China's small commercial banks supporting green credit;commercial banks should also improve the ability of capital allocation,cost control and risk prevention to improve the efficiency of green credit development;However,the impact of return on total assets on the efficiency of commercial banks in supporting green credit is small and insignificant,which may be related to the relatively low proportion of commercial banks' green credit balance and insufficient sample data capacity.Finally,this paper gives relevant policy suggestions to improve the efficiency of green credit development of commercial banks in China from the perspective of banks themselves and the government level.