Research On The Impact Of Interest Rate Marketization On The Assets And Liabilities Management Of Commercial Banks In China

In recent years,China's market-oriented interest rate reform is in its full swing,adjustment frequency is very high and the adjustment range is very large,especially after the third plenary session of the eighteenth Central Committee,China speed up the pace of interest rate marketization reform,interest rate marketization has been into a period of accelerating,and may eventually fully realize marketization of interest rate.With the accelerating of interest rate marketization,on the one hand,commercial bank assets and liabilities management face unprecedented challenges,the marketization of interest rate will increase the volatility of banking sector spreads,lower than traditional loan business accounted for,prompting Banks to carry out comprehensive management,to enhance the intermediary business income accounted for,and the changing structure of banking revenues.Interest rate market into a commercial bank,on the other hand,has brought new opportunities,market-oriented interest rate that commercial Banks can implement differential pricing strategy of the enterprise,according to different objects for different interest rates and the loan portfolio,optimize the structure of the customers of commercial Banks,and interest rate marketization to break the traditional pattern of commercial Banks,has brought new opportunities for business transformation of commercial Banks,to improve intermediary business of commercial Banks,to reduce the reliance on the margin,increase the commercial Banks operating flexibility and adaptability.This paper first analyzes the market-oriented interest rate reform,first through the literature,this study illustrates the realistic meaning of the market-based reform of interest rates,this paper introduces the connotation of interest rate marketization,implementation necessity and development course in our country,as well as the commercial bank assets and liabilities business are elucidated.Second,this study introduced the current situation and problems of our country commercial bank assets and liabilities,and theoretically the influence of interest rate marketization of commercial Banks asset liability management is analyzed,mainly from the assets and liabilities structure,risk management,profitability and spreads and so on four aspects were analyzed.Again,this article is based on a large amount of data,the interest rate marketization of our country commercial bank assets and liabilities management of the main influence on quantitative analysis of more clearly demonstrate the influence of interest rate marketization of commercial Banks asset liability management.Finally,on the basis of qualitative and quantitative analysis of research conclusion,and puts forward countermeasures and Suggestions for commercial bank asset liability management.Line to improve intermediary business accounted for,to reduce the reliance on the margin,increase the commercial Banks operating flexibility and adaptability.The research shows that: firstly,market-oriented interest rate that commercial Banks liabilities structure will become increasingly diversified,asset allocation will be more reasonable,market-oriented interest rate reduces the commercial bank deposit accounts for the proportion of debt,improve the commercial bank loans and bonds investment proportion of assets to the sum of the two,but for the influence of the proportion of loans or bonds investment proportion direction is uncertain,and the big commercial Banks and small and medium-sized commercial Banks to the impact of different.Secondly,early interest rate marketization,the commercial Banks will face more fierce competition,Banks may pursue excessive credit growth and lower lending standards and requirements for mortgage Banks non-performing loan ratio rising in the short term,increase the credit risk of commercial Banks.Thirdly,in the short term,interest rate marketization to commercial bank's net interest margin narrowed,but in the long term,commercial Banks can be adjusted by optimizing the customer structure,proportion of loans on the balance and other measures to eliminate the negative impact of the interest rate marketization.Fourth,both in the short term,and in the long term,deposit and lending interest rate marketization of the commercial bank sequestration cost increases,the fierce competition between commercial Banks and loan profitability,so that the commercial bank spreads narrowed.