The Research On The Model Of Pricing The Loan Under The Circumstance Of Rate In The Market In China

Since 1996,the reformation of interest rate structure was officially started in China, the marketization of interest rate has gradually accelerating pace of development, which will have far-reaching effects on economic and financial development, especially the management of commercial banks. The marketization of interest rate in terms of the commercial banks is both an opportunity and a challenge, and also brings new topics- the loan pricing. It is of great practical meaning to do research on the loan pricing in the condition of the marketization of interest rate.The article first deals with the theoretical basis-economic value added (EVA) principles and economic capital (EC) concepts of establishment of loan pricing model. It analyses loan pricing principles and main factors, and briefly introduces the loans pricing models of Western modern commercial bank and our existing loan pricing methods. The model of loan pricing is established on the theory of economic value added principles and economic capital. It regards credit rating as the accommordator's measurement variables, and builds up the internal credit rating system. In order to better withstand unintended losses following the risks, the model uses economic capital instead of the actual capital to count up the capital cost. The basic loan price is on the basis of integrated assessment of the Customers's risk and the calculation of the cost of the loan. Next it can be adjusted on the customers's contribution degree to banks to obtain a bottom loan price. The actual loan price can be received by negotiations between customer Manager and clients.Finally, the article selectes examples of the loan pricing model to test and analyse. The results indicates the model comprehended all of the risk and cost factors, and it is consistent with the "high-risk high-cost pricing is" pricing principles to ensure commercial banks derive some profit in the loan business. Moreover, the model takethe relationship between customers and banks into account, it can maintain the high quality customers who have larger contribution to bank, and makes loan have a certain competitiveness in the market.