Green Credit Policy Will Increase the Risk Taking of Commercial Banks:A Quasi-natural Experiment Based on 31 Listed Commercial Banks in China
How the implementation of green credit policy affects the risk taking of commercial banks is of great significance for preventing and resolving bank risks.Taking the annual data of Chinese commercial banks from 2008 to 2022 as samples,this paper explores the influence and internal mechanism of green credit policies on risk taking of commercial banks by constructing a Difference-in-Differences(DID)model.The study reveals that adopting green credit policies leads to an escalation in the risk exposure of commercial banks.Green credit policy increases the risk taking of commercial banks by improving liquidity creation and loan concentration,and bank competition plays a negative regulating role between them.Based on this,commercial banks can moderately reduce the concentration of loans and liquidity creation,introduce compound talents proficient in green credit,and financial regulatory departments can build a differentiated green credit supply pattern to reduce the risk of commercial banks.
green credit policyrisk taking by commercial banksliquidity creationconcentration of loans
万方数据
