The Green Credit Policy Impact on the Financial Performance of Commercial Banks: A Quasi-Natural Experiment from China
Table 3
Effect of the green credit policy on banks’ profits.
Variables
(1)
(2)
(3)
(4)
PROFIT
PROFIT
PROFIT
PROFIT
TREAT∗POST
0.572
0.150
0.0585
0.150
(8.00)
(2.25)
(0.96)
(2.43)
SIZE
0.741
1.078
(9.66)
(7.64)
NPLR
−0.285
−0.226
(−8.23)
(−6.56)
CAR
−2.409
−1.950
(−5.24)
(−4.35)
CIR
0.00869
0.0126
(0.54)
(0.80)
LDR
0.483
0.388
(2.22)
(1.78)
NIIR
0.106
0.0886
(0.72)
(0.64)
GRGDP
−0.0849
−0.0122
(−6.55)
(−0.45)
MP
−11.02
−14.31
(−9.30)
(−8.38)
CONSTANT
4.055
3.789
7.841
−2.778
(163.55)
(84.06)
(4.20)
(−0.68)
Time fixed effect
NO
YES
NO
YES
Observation
496
496
496
496
Adj R2
0.004
0.443
0.529
0.591
Notes: ,, and indicate that the estimated coefficients are significant at the 10%, 5%, and 1% levels, respectively. The numbers in parentheses are t statistics. The results are based on STATA 16.0 estimation.
