Exploring the Impact of Green Credit Business on the Profitability of Commercial Banks
- DOI
- 10.2991/978-94-6463-246-0_21How to use a DOI?
- Keywords
- Green Finance; Commercial Banks; Profitability; Green Credit
- Abstract
Green finance, as the name implies, is inseparable from green industries such as environmental protection, energy conservation and low carbon, and since the 21st century, it has become the consensus of the international community to develop a low carbon economy and seek sustainable development. These financial innovations, which are closely related to the promotion of a low-carbon and environmentally friendly economy, are generally referred to as “green finance”. This paper examines the impact of green credit on the profitability of commercial banks. The results show that green credit has a negative impact on the profitability of commercial banks, but in the long run it has positive implications for commercial banks.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xinyi Yan PY - 2023 DA - 2023/09/26 TI - Exploring the Impact of Green Credit Business on the Profitability of Commercial Banks BT - Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023) PB - Atlantis Press SP - 180 EP - 186 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-246-0_21 DO - 10.2991/978-94-6463-246-0_21 ID - Yan2023 ER -