Students from Nanjing Normal University conduct research and practice activities at Bank of Jiangsu

At this stage, my country's economy is in a critical period of structural reforms. For many social problems caused by environmental pollution, my country has successively introduced many laws and regulations to resolve it, but the practice shows that the effect of the government's compulsory means is not good. It should also play the power of finance and use its functions to allocate resources in the society to better solve environmental problems. Green Credit came into this context.

Green Credit refers to commercial banks with more credit support and low interest rate loans to manage their own credit means and measures, while reducing loans to high -energy -consuming enterprises. Compared with developed countries, my country's financing methods are mainly indirect financing. Commercial banks have a vital role in the development of my country's economy. Good operation is an important guarantee for the smooth development of my country's economy. As a result, more and more banks have begun to carry out green credit business.

In order to study the green credit project, Sun Yi and Zhai Xuanang of Nanjing Normal University Business School came to the Yancheng Branch of Jiangsu Bank to conduct field interviews and investigations. The staff answered the efforts of Jiangsu Bank of Green Credit in detail. At present, the problems of green credit still exist and the achievements of the Bank of Jiangsu's green credit.

From the interview, Sun Yi and Zhai Xuanang learned that the Bank of Jiangsu began to develop green credit business in the early years when the CCB was in the first few years. A representative green brand image in sexual banks. In addition, Bank of Jiangsu joined the equatorial principle in 2017 and became the first city merchant to join the equatorial principle. After joining the equatorial principle, the Bank of Jiangsu practiced the concept of green development with practical actions, guided the strategic transformation of financial strategy with green credit, and successfully created a good image of green financial banks in the Yangtze River Delta region.

However, Jiangsu Bank also encountered a series of problems in the development of green credit. The staff told him that the current understanding of the company's understanding of enterprises relying on the information announced by the environmental protection department. The information channels are relatively single, and the information updates of the environmental protection department are lagging behind. It is difficult for banks to understand the latest progress of enterprise projects. For enterprises in the environmental protection department, the environmental protection department cannot provide loan suggestions to banks, and banks can only rely on themselves to investigate themselves. In order to apply for a green loan, some companies actively deal with pollution before the investigation. After the investigation, there are no longer governance. There is a difference in environmental information. The bank cannot fully understand the specific situation. These have hindered the green credit business of the Bank of Jiangsu. And although the country has introduced many policies for the governance environment, the policy landing takes time, the domestic environment -friendly commodity market is not yet mature, consumers' desire to buy environmentally friendly products is small, and the development of domestic environmental protection enterprises has been affected, which hinders hindered Banks carry out green credit.

Through this survey, Sun Yi and Zhai Xuanang deepened their understanding of green credit, and deeply understood the significance and challenges of green credit.

Author: Sun Yi, Zhai Xuanang

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