China’s Commercial Bank M&A Efficiency Research

Since the 1990 s, the bank of mergers and acquisitions created in the world scope, and this mode of m&a was accepted by western countries, and had brought new opportunities for the development of the banking sector. Especially,since the 21 st century, with the development of world economy, the bank as a special sector in the world economy, its development model has received the attention of the society as a whole. As the global economy slowing and spiral of credit losses, the bank will be difficult for develop.Especially it is important to note that the current interest rate marketization, which is the our country commercial bank major challenge. For commercial Banks in China, it is a difficult task to adapt to the change. Banking subject also showed homogeneous business scope, with the fierce market competition for banking business pressure increasing,mergers and acquisitions has become an important strategic choice for many banks.Through the comparison, the bank merger would make it easier for banks to achieve the expansion of business, mode of operation of the diversification and gain enough cost advantage. In a short time, it will benefit obviously. We can hold judgment in the next 5 to10 years, our commercial bank is about to enter the key period of market integration m&a,especially for national commercial Banks, is likely to accelerate the pace of market integration. In the first year of 2016, our country is put forward to promote the development and innovation of the financial industry, to speed up the pace of our country commercial bank mergers and acquisitions, it is necessary to explore the efficiency of bank m&a behavior and related issues for a growing team of commercial banks, and it will combine with our country national condition, sums up the path for our own bank m&a.Based on the commercial bank mergers and acquisitions as the main line, the writer summarized some opinions and suggestions of our country’s bank mergers and acquisitions.Firstly, the paper analyzes the current situation of bank m&a at home and abroad,through the present situation of the overseas bank m&a raises the acquisition efficiency is an important concept, and analyzes the foreign banks for several factors affecting the efficiency of m&a in mergers and acquisitions. Then by comparing the domesticcommercial bank mergers and acquisitions of key analysis, also the factors that affect the efficiency of m&a. In the longitudinal comparison can be gradually understand the differences between domestic and foreign in m&a.Secondly, this article has analyzed our country commercial bank m&a efficiency evaluation methods, including the event study method, frontier analysis, financial indicators analysis, etc., but also indicate the efficiency of m&a financial evaluation index design, including the bank’s profitability, liquidity, security index, growth index, and the design of the non-financial indicators.Thirdly, this article introduced the related factors that influence efficiency of our country commercial bank mergers and acquisitions, the first part of this is for the purpose of this article elaboration, such factors as a whole can be divided into systematic and unsystematic factors, including systemic factors including geography, language and cultural factors, legal factors and so on, the systemic factors including bank industry developed degree, mergers and acquisitions both sides of the market competition, and so on.Meantime, through to the bank China merchants bank m&a case analysis, summed up the experience, suitable to sober understanding to the importance of overseas mergers and acquisitions overseas m&a is one of the important choice, our country commercial bank abroad to skillfully grasp the current opportunity, on the choice of m&a object to notice the geographic factors.Finally, the writer summarizes the our country commercial bank in the relevant Suggestions in mergers and acquisitions, including based on its national conditions, the rational allocation of the government and the market position, perfect the legal system construction,, further improve the capital market, strengthen the integration after m&a and management measures, for our country commercial bank m&a rationalization proposals are put forward.