The Research On Influencing Factors Of Intermediary Business Development Of Listed Joint-stock Commercial Banks

With the changes of the worldwide economic pattern,interest rate reform become an inevitable choice in our country and the reform focus attention mainly on deposit and loan interest rate.For deposit rate, the floating range of interest rate can reach 1.5 times more than the base rate.This reform would be a big shock for our joint-stock commercial banks which may also cause operational risks.Faced with all these challenge,joint-stock commercial banks should change their development models,such as their income structure,their profit model which means they should implement a variety of intermediary business products and actively broaden their intermediary business market.Based on the above guidelines,this paper studies the intermediary business development of the commercial banks.Firstly,this paper summarizes and induces the existing studies and defines the basic concepts.Then this paper theoretically analyzes the motivation,substance,and the necessity for promoting intermediary business.By analyzing the financial data of seven joint-stock commercial banks in nine years,this paper statistics intermediary business changes and summarizes the pattern and the trend.Based on the above study, through empirical analysis of the significant impact on intermediary business,this paper will make recommendations depending on the degree of influence from various factors.Considering the macro and micro factors,this paper select a dummy variable to make the analysis more comprehensive.Finally,the main results of this paper can be divided into two areas.First of all,from the macro and micro perspective, this paper give recommendations on the development of intermediary business.Secondly,compared with other articles, this article only focus on study the joint-stock commercial banks and its development path of intermediary business.I hope this paper can help others to analyze joint-stock commercial banks.