Research On Efficiency Of Listed Commercial Bank Loans Of China’s Based On DEA-Tobit Method

Commercial Banks is in the core position in social market economy, also is the foundation of modern financial system. Capital is one of the most important production resource, as the largest capital resources allocation, capital allocation efficiency is not only a direct impact on commercial Banks operating efficiency, profit growth and sustainability of development, but also indirectly related to the financial system and the overall operation of the national economy stable level. With China’s economic growth into the new norm, the development of the banking sector also steps into the new normal stage of development, Interest rate liberalization and Internet financial booming double shock environment, the development of traditional commercial Banks face increasingly intense pressure, only enhance core business efficiency, can be more pushback from internal and external environment of the crisis, to better complete the reform transition, flow dynamics to obtain sustainable development. In this paper the operating process of the banks are divided into two processes, they are raises found and profit process. We select 16 commercial banks as the samples of the research object, in this paper we use two-stage associated DEA model. We divided the sample into four major state-owned banks and joint-stock banks, and compare the efficiency of them. The paper analyzes the factors that influence the efficiency of the banks, and come up with some suggestions to rise up the efficiency.Based on this, combining with the characteristics of kinds of business and management of commercial Banks in China, most core based on the domestic bank loan business as the object, the loan business process is divided into loan financing and loans in two stages, the research object, select the typical 16 Shanghai, Shenzhen exchange listed commercial Banks, using two phase correlation DEA model, to measure the stages between 2010 and 2014, the efficiency and the comprehensive efficiency, using Tobit regression model analysis, the main factors affecting the efficiency and efficiency improving suggestion is given, and the concrete structure is as follows. First, in the introduction part introduces the external environment and internal pressure in the development of banking in our country, and emphasized that commercial Banks to improve efficiency, reduce the urgency of the risk; Then, induces and summarizes the related literature at home and abroad, analyzes the existing literature on bank efficiency research deficiency theory and method in chapter expounds the basic theory of economic efficiency and the efficiency of the bank and all kinds of research methods in the existing literature; In the third part, the paper analyzes the efficiency of bank loans to study of DEA method, the selection of index data and measure model is built, and in the fourth part has carried on the detailed analysis; In the final two parts of this article, the analysis of the factors affecting efficiency of the loan structure, puts forward some Suggestions, hoping to offer a theoretical basis for policy making.In the empirical analysis of the efficiency of loans, the main research conclusion summary can be summed up as the following four sentences. First, loan financing stage, the pure technical efficiency level of Chinese commercial Banks, and deposit-taking still depends on the size, the comprehensive efficiency of state-owned Banks and joint-stock Banks perform better; Second, loan origination stage, due to increased stress, such as non-performing assets of commercial bank overall efficiency is low, at this stage the scale efficiency and city firms possess certain advantages on technical efficiency; Third, comprehensive comparison, our country commercial bank efficiency level steadily, but short-term easy fluctuations due to affected by the economic environment and policy, Banks efficiency difference is more obvious; Fourth, the factors influencing the efficiency of loans Tobit regression results show that the GDP growth rate, broad money M2 growth, non-performing loan ratio, total asset size has a great influence on the efficiency, rather than interest income and savings and loan, there is no significant than the influence of the two indicators.The innovation of this paper mainly has three points:first, this article will past the research direction of the overall effectiveness of the commercial Banks "break down", to the core business as the research object, refining was studied for the associated within Banks loan business process, and find out the factors that affect bank efficiency low and the inner concrete reason; Second, to be more perfect in the construction of index system, the corresponding section, a detailed explanation of each stage of the selection of input and output indicators, including the weight of each index, at the same time, with total loans as intermediate variable, bridging loan funding and loan origination phases, closer to the actual operation process; the bank Finally, this article from the external economic policy environment and internal operation condition two aspects, the influence factors affecting the efficiency of bank loans, the empirical results confirm the internal and external factors will affect the efficiency of commercial Banks in China.