Research On Interest Rate Risk Management Of Chinese Commercial Banks

In the 1970S,the theory of financial deepening has appeared in the world.The interest risk had be noticed.The Financial Deepening Theory(FDT) advocated the government to carry out financial reform,relaxed the control of finance, required the interest rate marketed.Then,it caused the frequent fluctuations in interest rates.China center bank had carried out the interest market reform in 1996 and liberalization of lending interest rates of financial institutions in 2013,and no longer set deposit rates floating ceiling to commercial bank and rural cooperative financial institution.Through these series of reform,the commercial bank interest risk have became one of the most important risk.According to the theory of interest rate risk management,this article find the four forms of interest risk of our commercial bank based on the domestic interest rate market as the background. According to the model of gap measurement of interest rate sensitivity,we deal with the history financial data by 7 commercial bank selected.We measured and compared four index about interest risk gap,and the result find out that our commercial bank lank the persistent way to remain guard against and managed the interest risk of commercial bank of out country;The efficiency of asset restructure is low;The structure of medium and long term assets and liabilities is unbalanced.By the experience of management and control interest risk in other countries.We purpose not only the strategy of interest risk management which based on the gap management,but also the strategy of interest risk management based on the interest exchanged which is out of the balance sheet by the attempt to use the option and future of interest.Balance the sensitive of asset and loan to resolve the interest gap by different ways.and it makes an advance to avoid the interest risk of commercial bank of out country,and a positive effect of management.