Green credit and high-quality sustainable development of banks.

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Lei Ding, Yaming Zhuang, Shuyang Jiang

Author Information

Lei Ding: School of Economics and Management, Southeast University, Nanjing, 211189, China. dinglei5202021@163.com.
Yaming Zhuang: School of Economics and Management, Southeast University, Nanjing, 211189, China.
Shuyang Jiang: School of Management, Nanjing University of Posts and Telecommunications, Nanjing, 210003, China.

PMID: 35725883 DOI: 10.1007/s11356-022-21438-w

The impact of green credit on banks has been widely verified. This paper systematically combs the internal mechanism of the impact of green credit on high-quality sustainable development of banks and studies the relationship between green credit and high-quality sustainable development of banks by using unbalanced panel data of Chinese listed banks from 2007 to 2019. The results show that green credit will significantly promote high-quality sustainable development of banks, which remains valid after controlling for relevant variables and robustness test. The further test results show that the impact of green credit on high-quality sustainable development of banks will be affected by green environment supervision and monetary policy. Green environment supervision and loose monetary policy promote the positive impact of green credit on high-quality sustainable development of banks. The heterogeneity test results show that the impact of green credit on high-quality sustainable development of banks is significantly different among banks with different business scope and different size, and the positive impact of green credit on high-quality sustainable development of small-scale banks and regional banks is more significant. This paper enriches the research of the impact of green credit on banks.

Green credit Green environment supervision High-quality sustainable development of banks Monetary policy

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72141019/NSFC

Sustainable Development

Commerce

China

Journal Article

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