Research On The Impact Of Green Credit On The Comprehensive Efficiency Of Listed Commercial Banks

In recent years,financial market competition has become increasingly fierce,and the overall efficiency of commercial banks has become an important measure of bank competitiveness.In order to obtain differentiated competitive advantages and promote the high-quality development of commercial banks,commercial banks can improve overall efficiency through green credit.However,the Chinese government has no legal binding force on the implementation of green credit policies by commercial banks,and the investment cost of green projects is high,and the payback period is long.Commercial banks cannot see economic benefits in the short term,and it is difficult to increase their enthusiasm.As far as state-owned banks and joint-stock banks are concerned,their overall efficiency and the impact of green credit implementation on the overall efficiency of banks are different.Based on this,this article comprehensively studies the impact of green credit on the overall efficiency of state-owned banks and joint-stock banks,which is conducive to the development of green credit business of different types of commercial banks,and has important reference significance for improving the overall efficiency of commercial banks and promoting the high-quality development of commercial banks.This article takes 16 listed commercial banks as the research object and studies the impact of green credit on the overall efficiency of commercial banks based on relevant data from 2012 to 2019.Specifically,this article first analyzes the theories related to the overall efficiency of green credit and commercial banks,and finds that green credit can affect the overall efficiency of commercial banks through four aspects: sustainable development,green reputation,environmental risk management,and credit structure.Secondly,it analyzes the status quo of green credit development of my country’s commercial banks,and the results show that the overall development of green credit in my country is relatively fast,but the implementation of green credit in state-owned banks and joint-stock banks is different,and the green credit system construction,product innovation,and loan scale need to be improved.Then use the variable return to scale model(VRS model)to evaluate the comprehensive efficiency of 16 listed commercial banks from 2012 to 2019.The results show that the comprehensive efficiency of commercial banks is generally effective,but state-owned banks have higher pure technical efficiency and joint-stock banks have higher scale efficiency.,And state-owned banks have diminishing returns to scale.Based on the calculated comprehensive technical efficiency value(DEA),the implementation of green credit is used as an explanatory variable,and the scale of capital,non-performing loan rate,return on assets,and capital adequacy ratio are used as control variables to construct a panel regression model.The impact of the overall efficiency of commercial banks is analyzed.The empirical results show that the implementation of green credit by commercial banks can improve the overall efficiency of banks,but green credit has a differential impact on the overall efficiency of state-owned banks and joint-stock banks.Green credit has a greater impact on the overall efficiency of state-owned banks than joint-stock banks,and is more inclined to improve the overall efficiency of state-owned banks.The overall efficiency of the bank.Finally,based on the above conclusions,targeted recommendations are made from the government and commercial banks.From the national macro level,green credit policies and regulations are formulated,international environmental protection initiatives or standards are adopted,procedures for assessing and monitoring environmental and social risks,and differentiation is made.Credit guidance policies and establish an effective green credit incentive and restraint mechanism.From the micro level of commercial banks,it actively develops innovative green credit products,strictly implements the “one-vote veto system” for environmental protection,vigorously increases loans for green projects,strengthens internal low-carbon environmental protection,and attaches importance to social performance.