Research On The Motivation And Effectiveness Of Green Financial Development Of Huzhou Bank

In the process of rapid economic development,China has achieved exciting results,but at the same time it has also brought negative environmental impacts.As a result,the country’s development has tended to go "green",which has led to a clearer positioning for banks’ "green" development.Against this backdrop,major banks are actively promoting the development of green finance,and city commercial banks are a key part of the regional financial system,and their development can both ensure their own sustainability and promote the local ’green’ process.As a local city commercial bank in Zhejiang,Huzhou Bank is among the first batch of pilot zones for green financial reform and innovation,and has continuously innovated and improved the quality of its green financial services in its "green" operation.The bank has become the second city commercial bank in China to join the Equator Principles.The first chapter of this paper compares the existing literature to clarify the current research on green finance and the motivation and impact of green finance development by commercial banks at home and abroad.Chapter 4 focuses on the analysis of this paper,which firstly analyses the motivation of Huzhou Bank’s green finance business from the perspective of internal and external factors,and then analyses the effectiveness of the business carried out by Huzhou Bank.The second part compares Huzhou Bank with six other urban commercial banks engaged in green finance,and then analyses the impact of green finance on the business performance of Huzhou Bank through the AHP method based on a quantitative perspective,demonstrating the positive effects of the development of green finance on the bank and summarising the shortcomings of Huzhou Bank’s development.Finally,its development experience is summarised and corresponding development suggestions are made.Through the analysis of Huzhou Bank,we can get that the effectiveness of the development of green finance mainly lies in the following aspects: first of all,it can alleviate to a certain extent the problem of financing difficulties of farmers and small and medium-sized enterprises;secondly,it can promote industrial upgrading,change the mode of industrial development and drive the transformation of the local economy;thirdly,for the bank itself,it can improve its own risk management ability and drive the improvement of its economic efficiency Finally,it can also help to improve the ecological environment.Compared with the larger city commercial banks,Huzhou Bank also has shortcomings,such as a single green financial business,information asymmetry and low level of intelligence,etc.By taking the best from the worst,and by innovating green financial products and services,establishing information trading platforms and broadening capital investment and financing channels,Huzhou Bank can better contribute to the development of similar city commercial banks and green finance in Zhejiang Province.