Bài báo khoa học

Purpose: This study examines the impact of Green Credit on the Financial Performance of banks in ASEAN, focusing on listed banks in Vietnam, Thailand, Indonesia, and Malaysia from 2019 to 2023. It highlights the importance of green finance in addressing climate change and promoting sustainability within the banking industry. Design: Data from 20 listed banks were analyzed using STATA 18, employing various methods including Generalized Method of Moments (GMM), Ordinary Least Squares (OLS), Fixed Effects Model (FEM), and Random Effects Model (REM). This study investigates the influence of the Green Credit Ratio and Green Credit Disclosure on financial performance. Findings: The analysis reveals that the Green Credit Ratio and Green Credit Disclosure have a significant positive impact on financial performance, emphasizing the value of green initiatives in enhancing bank profitability. Conversely, other variables, such as Bank Size and Capital Adequacy Ratio, showed no significant effect on financial performance. Originality: This research provides empirical evidence on the role of green credit in enhancing financial performance, addressing a gap in the existing literature on green finance within the ASEAN region. The findings offer practical recommendations for Vietnamese banks to develop and implement effective green credit policies as part of their sustainability strategies. Practical implications: The implementation of green credit policies leads to improvements in both financial performance and environmental outcomes. Social implications: Banks adopting green credit contribute to climate change mitigation and sustainable development in ASEAN