Research On The Impact Of Green Financial Transformation On The Performance Of Industrial Bank

In recent years,with the rapid development of China’s social economy,ecological and environmental problems have become increasingly serious,in order to alleviate the contradiction between the economy and the environment,the country has proposed the development of a green economy.In addition to the support of national policies,the development of green economy is inseparable from the support of green finance.As the main actor of green finance,commercial banks flow funds to low-carbon,environmental protection and other green industries to promote sustainable economic development and play a vital role in the country’s development of green economy.However,it cannot be ignored that green finance projects generally have the characteristics of large investment amount and long payback period,and the performance of commercial banks will inevitably be affected to a certain extent when carrying out green finance business,how to carry out green finance business affects the performance of banks is a problem worth exploring.As the first bank to carry out green finance business in China,after years of development,Industrial Bank has rich experience in green finance business and is a benchmark in the industry,and takes Industrial Bank’s green finance as a case study,which has certain representative and practical significance.This paper uses literature analysis,comparative analysis and case study to study the impact of green finance transition on Industrial Bank’s performance.Firstly,through the combing of the literature related to green finance and bank performance,as well as the elaboration of relevant concepts and theories,the theoretical support problem is solved.Secondly,the background of Industrial Bank’s green finance transformation is introduced,and the basic situation,the development of green finance,and the advantages and motivations of Industrial Bank are analyzed.Thirdly,based on the analysis of the motivations of Industrial Bank’s green finance transformation,this paper analyzes in detail the performance impact of Industrial Bank’s green finance transformation from the perspectives of financial performance,sustainable development ability and fulfilling social responsibility.Finally,through performance analysis,it is known that Industrial Bank’s green finance transformation has achieved certain results,which generally has a positive impact on Industrial Bank’s performance,but there are still a series of problems such as the lack of green project evaluation system and professional talents,the imperfect risk management system of green finance business and the imbalance of business development.Therefore,in view of the problems existing in the development of Industrial Bank’s green finance business,some suggestions are put forward,hoping to promote the development of Industrial Bank’s green finance business,bring enlightenment to other commercial banks to carry out green finance business,promote the comprehensive development of green finance business of China’s commercial banks,and realize the development of China’s green economy.