Analysis on the Development of Regional Commercial Banks' Green Bond Business Under the Equator Principle—Take Industrial Bank as An Example
- DOI
- 10.2991/icedem-18.2018.69How to use a DOI?
- Keywords
- Green bonds; Industrial bank; Bond issuance; Policy suggestions
- Abstract
With the rapid development of global economy, environmental problems are becoming more and more prominent. In order to effectively control the environment, green economy, green finance, green bonds and other issues have also attracted widespread attention, the green revolution of finance is quietly emerging. Compared with ordinary corporate bonds, green bonds have almost no environmental risks and are characterized by high credit rating, flexible liquidity, and comparably low default risk and transparency. Therefore, it is advisable for domestic and foreign financial institutions to consider green bonds as major orientation when allocating assets. This report compared the issue of green bonds in home and abroad situation, detailed regional commercial bank—the specific situation and effect of industrial bank issuing green bonds as the first equatorial bank in China, analyzed the problems existing in the development of regional green bonds. At last, relevant policy suggestions were put forward in combination with the green bond business of commercial banks to promote the development of regional green economy.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zining Niu AU - Jianhua Zhu AU - Hongji Wang PY - 2018/12 DA - 2018/12 TI - Analysis on the Development of Regional Commercial Banks' Green Bond Business Under the Equator Principle—Take Industrial Bank as An Example BT - Proceedings of the 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018) PB - Atlantis Press SP - 275 EP - 278 SN - 2352-5398 UR - https://doi.org/10.2991/icedem-18.2018.69 DO - 10.2991/icedem-18.2018.69 ID - Niu2018/12 ER -