关键词: 绿色信贷, 银行系统性风险, 风险承担, 盈利能力, 异质性

Abstract: This paper selects the annual data of 22 listed banks in China from 2009 to 2020 and constructs a panel regression model to conduct an empirical analysis on the impact of green credit on banking systemic risk，its transmission mechanism and heterogeneityThe results show that green credit has a restraining effect on the banking systemic riskRisk-taking and profitability bear the dual intermediary roles in the relationship between green credit and banking systemic riskIn addition，there is heterogeneity in the impact of green credit on the banking systemic riskCompared with state-owned banks，banks in periods of low environmental regulation and banks in periods of economic uptrend，green credit has a greater inhibitory effect on the systemic risk of non-state-owned banks，banks in periods of high environmental regulation and banks in periods of economic downtrendThe results will provide important theoretical guidance and decision-making reference for the prevention and control of systemic risk in China's banking industry

Key words: green credit, banking systemic risk, risk-taking, bank profitability, heterogeneity