The Study Of China's Commercial Banks' Loan Pricing

Financial liberalization is the trend of the financial reform of our country. At present, the interest rate liberalization, direct finance, the rapid development of financial market and the continuous financial innovation, have influenced the loan pricing of the commercial bank to a great extent. In China's financial liberalization, the commercial bank must analyze the current situations and defects of the commercial bank loan's pricing, learn about and understand the pricing method of the modern western commercial bank loans, carry out the supplementary measures of the modern loan's pricing, adopt the advanced methods and try to improve the methodology and skills of pricing constantly. Thus the bank may exercise the power of pricing effectively and improve its competitiveness.Chapter one not only explains the conceptions of financial liberalization, but also analyzes the impacts interest rate marketization , the financial markets development (especially enterprise's financing directly) and financial innovation shedding on the loan's pricing of commercial banks. It attaches the importance on the commercial bank improving its loan's pricing ability in China's financial liberalization.This text explains the three main traditional loan pricing methods , namely cost-plus loan pricing,price leadership loan pricing,customer profitability analysis loan pricing.Chapter two, points out the defects of these various pricing methods and introduces the modern loan pricing method of western commercial bank, such as the application of the option pricing and CAPM in the commercial loan pricing, etc.Chapter three illustrates the actual application in the commercial bank of the modern loan's pricing methods, mainly including the enterprise loan, personal loan, floating interest rate loan , fixed rate loan ,credit risks' compensation and market risks' compensation.