The Impact of Green Finance on Enhancing Banking Competitiveness: An Applied Study of the Iraqi Banking Sector
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Abstract
The study sought to identify the impact of Green Finance in competitiveness for private banks in the Iraqi banking sector. The study population was a sample of private banks in Iraq. Therefore, statistical methods were applied through the application of the panel data method, which combines cross-sections and time series, based on annual data that included (10) Iraqi commercial banks and especially for the period between 2014-2023. In addition, the results showed by the Herfindahl-Hirschman index in the sample of Iraqi private banks Search Competition between banks sample it is a high competition, as for the impact Green finance in Competition Sample for banks. Research shows there is a moral impact and my expulsion some green finance indicators include (ROA and ROE) in competition Banking. There is a significant negative impact of the debt cost index on competition. These results were consistent with previous studies, except for the return on investment index, as the relationship was negative but significant. This indicates that for banks Research sample reduces its reliance on investing its assets. The study concluded with a set of recommendations, the most important of which are: reducing reliance on debt by improving the efficiency of operations or reducing their cost in the banks in the research sample to confront the risks that arise from the increase in the cost of financing, which helps in raising banking competitiveness and encouraging competition in the Iraqi banking sector, by creating appropriate conditions in an optimal investment of its assets.
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