Research On The Liquidity Risk Of China’s Commercial Banks After Crisis

Commercial bank that provide liquidity to capital supplier and demander is the financial market’s intermediary. Liquidity quality of commercial bank is not only relating to its own security, but also the stability of the whole financial market. Since the financial crisis, the global economy environment is turnning to be complex and changeable,which exacerbates the instability of commercial bank’s operating and the liquidity risk events. Therefore, Governments forward policies to offset the negative effects of financial crisis. By the second half of 2009, the global economy gradually recovery and has entered “post-financial crisis era”. In regard of the domestic commercial bank, our country have been faced with massive inflationg resulted by large capital investments and rate fluctuations since 2010. Specially in june 20, 2013, the cash-starved incident made the liquidity risk of commercial bank expose to the public view, and the market panic push more commercial banks in the teeth of the the storm. so, strenghtening the commercial banks’ liquidity risk management is imminent, which is the focus of this paper.Based on the summary of the domestic and foreign scholars’ analysis of the commercial banks’ liquidity, we introduce the theroy of liquidity risk management, then, from the perspective of liquidity supervision index, we analyzed the changes of domestic commercial banks’ liquidity.On this basis, in order to quantify the relationship between the commercial bank liquidity risk and its influence, this article established a multiple linear regression model,which makse liquidity ratio as the dependent variable, and total assets of commercial banks, the loan to deposit ratio, non-performing loan ratio, capital adequacy ratio, return on assets as commercial banks internal variables, the statutory deposit reserve rate and the money supply grew by multiple linear regression model as the rate of commercial bank external variables, and select the relevant data of 16 domestic listed banks’ 2008-2013 years’ macro data as the sample. On the basis of the empirical analysis, we proposes countermeasures to strengthen liquidity risk the management of commercial bank.The empirical results show that:(1)The internal factors of commercial bank liquidity risk is greater than that of external factors;(2)The liquidity risk of commercial bank and the loan to deposit ratio, non-performing loan ratio, the statutory deposit reserve rate are positively correlated, but in inverse proportion to total assets, return on assets and capital adequacy ratio, and the money supply growth rate also has a certain impact on the liquidity risk of commercial banks, but the effect is not significant.