| In order to learn management experience and techniques of the internationally advanced banks, China and Korea have both vigorously introduced the overseas strategic investors to improve their own banks' operation and management level, promote the efficiency of their own financial industry, and strengthen the stability and safety of their own financial system. As a double-edged sword, introducing overseas strategic investors may enhance the core competitive capability of their own banks and increase the stability of the financial industry on one hand, but on the other hand, it can also result at the outflow of the capital or the profit, weaken the financial monitoring ability for the Central bank and thus influence the safety of their own financial system.Comparing among Chinese and Korean banks on the backgrounds and the current situations of introducing overseas strategic investors, with supporting knowledge and theories on economics, finance, management, laws, etc., this article makes a detailed analysis on the influence (positive or passive) of the overseas strategic investors exerts on the performance and the business behavior of Chinese and Korean banking industries, especially analyzes the origin for the passive influence, and thus puts forward some suggest on how China should learn from the Korean cases.The article first describes the backgrounds and the current situations of Chinese and Korean commercial banks' introducing overseas strategic investors. For Korea, in order to get rid of the financial crisis in 1997, they launched an overall financial reform greatly extending the access terms for overseas capitals, and lots of overseas strategic investors obtained the right of controlling and managing Korean banks. In the case of China, in order to solve the problem of great amount of non-performing loan and speed up to open its financial market, they also launched series of financial reforms, which has attracted huge amount of overseas capitals to hold shares in the Chinese banking industry.Then we analyze the performance of commercial banks before and after introducing overseas strategic investors in both China and Korea. Based on series of business data, the article reveals that to both Korean and Chinese banking industries, the inflow of overseas capitals has enhanced the capital adequacy rate and the return on assets, reduced the non-performing loan, and has also made some positive effects on the financial management techniques, the risk control level as well as the operation transparency. The result shows that Korea has taken on more distinct changes than China. Meanwhile, we analyze the passive effects that overseas capitals, flowing into Chinese and Korean banking industries, have made on the aspects of the stability of the financial market, the outflow of wealth, tax evasion of overseas capitals and the monitoring ability of the central bank.At last, drawing lessons from the practical experience of Korean banking industry, we explore how to maximize the positive effects while minimize the passive ones and propose suggestions as follows: introduce well-known banks with good international fame to utilize the power of the overseas strategic investors; establish and improve supporting legal systems to reinforce the guidance and monitoring of the introduced strategic investors; ensure the operation transparency of banks to guard against passive effects resulted from the withdrawal of overseas capitals, and vigorously nurture the domestic financial capitals, explore loaning plans for minor enterprises and try to expand overseas business of domestic banks to keep the commercial banks develop steadily. |
