China's Commercial Banks. "new Basel Capital Accord" Under The Framework Of Capital Adequacy Rate Of Regulatory Studies

The core function of commercial banks' capital is to cover the unexpected loss induced by all kinds of uncertainties during banking operation. After several times of revision, the minimum capital requirement first come into effect in the Basel Accord, have formed the New Basel Capital Accord, a more prudential capital adequacy framework with three pillars. The minimum capital requirement has been an admittedly international standard to weigh the stability of a single bank or banking systems, and a measure to maintenance banking competitiveness.To intensify capital regulation can improve risk management, cause assets rational growth, and keep reasonable capital structure, which will avail to control risk of a single bank and banking systems, and establish the effective micro-foundation for the monetary policy transmission.Accelerated transitional economy, undound legal system and credit environment, and incomplete corporation government structure and mechanism, induced that Chinese banking systems are lack of the capital restriction function, and merely aimed at assets expansion. High non-performance loans ratio, accumulated system risk, simple capital structure, and low capital ratio, even no more than 8% minimum requirement in most banks, all of these factors confined the sustainable and sound banking development, and influenced the banking systems stable operation.As viewed from financial sustainable development, the author proposes the countermeasures to strengthen the supervision of capital adequacy under the supervisory framework of the New Basel Capital Accord. Combined theories with practices, these countermeasures have described systematically from property right reform of micro-foundation to macro-financial safety net, which avoids merely depending on establishing capital supplement mechanism. The analyses have higher feasibility; become the first innovations in this thesis.Secondly, the author contacts capital ratio with stock price. The comparison between international banks and domestic listing banks reveals that capital ratio of the latter fluctuates with stock price, lack of stability, which shows that sound capital restrict ion mechanism will not automatically appear even after completed banking reform and listed. So the reform of our banking shoulders heavy responsibilitiesLast, this thesis takes example for expansive market operations to analyze the weakened effect of expansive monetary policy with low capital ratio. The conclusion is that after the loan volume reaches the maximum, it will begin to drop with the same quantity as the reserves pours into.