How Green Credit Policy Affects Commercial Banks' Credit Risk?
Tongyue Feng,
Jiexiang Xu,
Zehan Zhou
et al.
Abstract:The green credit policy has significantly influenced the growth of green industries in China. This study evaluates its impact on reducing bank credit risk using data from 26 Chinese banks from 2015 to 2021. The authors discovered that the policy's primary effect is linked to banks' financial leverage. Notably, green credit's influence on insolvency risk is most evident in leverage risk. However, despite governmental support for green credit collaboration, prevalent information gaps between banks and green ente… Show more
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