Fixed Income Financial Products Impact On The Operating Performance Of Commercial Banks

In recent years, the financing products which is provided by commercial bank has been an important income resource of commercial bank in China, so many scholars constantly deep the study in this field. On the other hand, the analysis that is on commercial banks operating efficiency, especially the commercial banks in China, is a critical subject on the evaluation of financial institution. However, it is still rare that the special research on the influence that the financial product operation makes on the business efficiency of commercial banks.First of all, this article combed the existing literature on fixed-income financial products and the relationship between commercial Banks operating performance research, on the basis of summarizing the predecessors’ research think fixed-income financial products for the influence of the commercial Banks operating performance mainly through three channels, one is to deposit money effect,2it is business transformation effect of wealth management products, three are fixed-income financial products operating efficiency higher than traditional credit business.This paper is based on the theoretical analysis framework which is leaded by the economies of scope. Through the analysis of the reason of produce scope economy and scope economy on individual economic entity to the effect of content, with bank financing products and commercial bank the connection between the traditional business, this article proceed the theoretical level of hypothesis analysis on the influence that financial products make on the performance of commercial banks. On this basement, it tries to use the existing data verification this conjecture.This article utilize Translog Cost Function to construct the measure model which is used to evaluate the sufficiency value of commercial bank through carding the existing literature, when it make use of stochastic frontier analysis (SFA) improvement paradigm. In addition, this paper sequences the operation efficiency value of every commercial bank and give interpretation to the difference between the variation trend of efficiency value of the state-owned commercial bank and non-state owned commercial bank. Combine with the problem which is exposed in the operation process of Chinese listed commercial bank, especially the operation of financial product, this article provides some useful suggestion to the commercial bank on the operations of financial products. Again, this article selects2007to2011,14listed joint-stock commercial Banks as sample, using panel data to empirical analysis. The empirical results show that:(1) deposit financial effect will help Chinese commercial Banks to raise management efficiency;(2) the management efficiency of the fixed-income financial products of commercial Banks has a positive role in promoting;(3) the fixed-income financial products business transformation effect is not significant.Finally, combining with the listed commercial Banks in China especially in the process of operation exposed some problems in the financial product business, and the impact of financing products of commercial Banks operating performance, based on the operational aspects of wealth management products to commercial Banks put forward some useful Suggestions.