The Green Credit Policy Impact on the Financial Performance of Commercial Banks: A Quasi-Natural Experiment from China
Table 9
Green credit policy impact on commercial banks’ NPLRs.
Variables
(1)
(2)
(3)
PROFIT
NPLR
PROFIT
TREAT∗POST
0.198
−0.213
0.150
(2.91)
(−1.96)
(2.37)
NPLR
—
—
−0.226
—
—
(−4.25)
ASSET
1.173
−0.420
1.078
(7.51)
(−1.12)
(7.57)
CIR
−2.370
1.863
−1.950
(−3.99)
(1.98)
(−3.73)
CAR
0.0114
0.00524
0.0126
(0.65)
(0.14)
(0.89)
LDR
0.121
1.180
0.388
(0.47)
(3.69)
(1.53)
NIIR
0.0856
0.0134
0.0886
(0.50)
(0.03)
(0.65)
GRGDP
0.0246
−0.163
−0.0122
(0.97)
(−2.34)
(−0.55)
MP
−15.10
3.493
−14.31
(−8.40)
(0.88)
(−8.75)
CONSTANT
−7.392
20.45
−2.778
(−1.94)
(2.01)
(−0.83)
Time fixed effect
YES
YES
YES
Observation
496
496
496
Adj R2
0.607
0.268
0.643
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.
