The Research On Chinese Commercial Banks Operating Efficiency In Transnational Mergers Conditions

With he development of economic integration ,financial internationalization has taken a substantial pace, and gradually plays an increasingly important role. Since China's accession to WTO, China and other countries has deepened economic and trade ties close, the domestic enterprises to accelerate the "go" pace, with the increasing number of multinational corporations, multinational companies in China are booming business, which also requires corresponding China's commercial banks to provide financial services to its overseas development and capital support. The one hand, China's commercial banks in order to meet the needs of international real economy, on the other hand, in response to increasingly severe financial competition, it began its international journey. Throughout the course of development of commercial banks in the world can be found in almost all the world's leading banks through transnational mergers and acquisitions to achieve its goal of internationalization and improve its world fame to expand their business scale and channels, improve core competitiveness.Since 2003, China's commercial bank reform and development, actively for its transnational M&A do a lot of homework, meanwhile, also has obtained some achievements. This period, Chinese commercial Banks' capital structure more close to international standards, core business ability enhanced and organizational framework to be more perfect, internal control risk management level also improved. In the process of China's commercial Banks, in business to handle ability, corporate governance capability and core competitiveness aspects have made great progress. China's commercial Banks also actively broaden business channel, innovative financial products, improve financial services, in overseas offices or branch, for preparing future transnational M&A. In recent years, our country commercial bank of transnational M&A cases increases gradually, in the future, we will continue to will transnational M&A road go down even further. In next period, our country commercial bank continued to emphasize the internationalization strategy requires commercial bank, continue to speed up the pace of "going out". In January 2011, ICBC bought U.S. bank of east Asia 80% of equity, the future of China's commercial Banks multinational M&A also will be more active. Therefore, we should promptly sum up experience, with Chinese characteristics of successful road of transnational M&A. Whether China's commercial Banks cross-border mergers and acquisitions effectively improve its efficiency, transnational M&A around its efficiency have what different, became the inspection of commercial Banks in China the effective way of cross-border M&A achievements.Firstly, the banking sector M&A overview of the general theory in order to pave the way for cross-border mergers and acquisitions of commercial banks to sort out internal and external factors and its analysis of the current situation, China's commercial banks to further explore the process of cross-border M&A problems then describes the efficiency of this method - data envelopment analysis (DEA), and used this method before and after China's commercial banks, the efficiency of cross-border M&A comparative analysis of the final results of this cross-border mergers and acquisitions of commercial banks,policy recommendations and future development direction.