A Study Of Interest Rate Risk Management In Commercial Banks Under The Conditions Of Market-Oriented Reform Of Interest Rate

At present interest rate marketability reform gradually advanced in China. The reform of market-orientation of interest rate has entered a very important stage. The time of all kinds of interest rate determined by the market factors is coming. From the experience and empirical analyses after the changing of interest rate determined by the market-oriented factors, the volatility of the interest rate will increase, which will increase the interest risk faced by the commercial banks. At present,China`s commercial banks lay far behind foreign banks on the capability and experience of interest rate risk management.If China`s commercial banks are not able to raise the level of interest rate risk management as soon as possible,they will be placed in a disadvantageous position in the competition with foreign banks.It is also not conducive to the stable and healthy development of China`s financial industry.In such a historical and practical background,putting forward suggestions on the interest rate risk management system and management strategies is particularly important for China`s commercial banks.This paper is divided into six parts in structure. Part I illustrates the research significance,methodologies of the native and foreign research respectively, literature summary, research method and structure;Part II introduce the theoretical framework of interest rate marketization and interest rate risk management, it lays a solid theoretical foundation for the following analysis; part III is firstly analyzed practice of the country that has achieved a market-oriented interest rate reform, To provide enlightenment for China's market-oriented interest rate reform and China's market-oriented interest rate reform process. Then discusses interest rate risk that commercial Banks will face on the process of marketization. Part IV detailed introduces the current interest rate risk measurement methods and management methods of interest rate risk in the western advanced countries. To provide enlightenment for China's interest rate risk management. Part V the paper chooses interest rate sensitivity gap model to empirically analyze the interest rate risk of china's several listed commercial banks, based on the data of their annual reports The conclusion shows that there are interest rate risks in these banks obviously, though these banks have some advance in management, they are still old-fashioned in thinking and long for progress. Part VI from two aspects of the interest rate risk management internal management system and the macro environment, aiming at the problem of interest rate risk management, puts forward some countermeasures and Suggestions.