The Difference Evaluation of The Core Competitiveness of Commercial Banks Under the Background of Green Finance: Based on Factor Analysis and Cluster Analysis

Xiaowen Su

doi:10.54097/fbem.v10i1.10180

Authors

Xiaowen Su

DOI:

https://doi.org/10.54097/fbem.v10i1.10180

Keywords:

Commercial banks, Green finance, Competitiveness.

Abstract

Green finance plays an important role in China 's green low-carbon circular development economic system. As the main body of practicing the concept of green finance, commercial banks ' innovation of the core competitiveness system of the banking industry has a profound impact on stimulating the motivation of China 's commercial banks to implement green credit. This paper selects the data of 23 different types of commercial banks in China in 2019, innovatively introduces relevant green performance indicators to improve the core competitiveness system of commercial banks, and uses factor analysis to score and rank the competitiveness of banks. On this basis, cluster analysis is further carried out to divide commercial banks into three categories. Finally, according to the analysis results, specific suggestions are put forward.

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