Research on the Effectiveness of Green Credit Policy -Based on The Empirical Study of 19 Listed Banks in China

Abstract

This study mainly uses the financial data of 19 listed banks from 2005 to 2015. The DID model is used to empirically demonstrate the effectiveness of the green credit policy. The conclusion is that the bank’s profitability and competitiveness are related to the implementation of the green credit policy to some extent.. However, from the perspective of long-term practice development, the impact of green credit policies on the improvement of bank profitability is decreasing, that is, the green credit policy reduces the marginal efficiency of bank profitability.