Research On The Liquidity Management Of Small And Medium-sized Banks Under The Background Of Marketization Of Interest Rate

In recent years, China to promote the interest rate market, the pace is picking up speed, inter-bank market liquidity fluctuations in interest rates also will increase. June 2013, China's money market experienced "money shortage" event, individual financial institutions due to financial constraints high into the capital, liquidity risk outbreak of great concern financial and regulatory authorities. At present China's financial institutions face the economic cycle, the business environment, business practices and ways to generate new sources of funding changes, some small commercial banks can not quickly change their management strategies lead to increased liquidity risk.Based on the basis of domestic and foreign scholars on liquidity management of commercial banks to establish a theoretical model based on the theoretical model for the characteristics of small and medium commercial banks, it analyzes the impact of various factors on the small and medium commercial bank liquidity. Then, based on small and medium commercial banks in Shandong Province in 2011--2016 years of historical data for liquidity coverage ratio as the level of bank liquidity metrics investigated maturity mismatches of assets and liabilities and monetary policy and other factors on the small and medium commercial bank liquidity resistance of. The empirical results show that the duration of its liquidity mismatches have a significant negative impact; market interest rates, monetary policy authorities to keep anyone, core debt levels have a significant positive impact on its liquidity. Shandong province small and medium commercial banks' liquidity management status and management capabilities in-depth analysis and found that small and medium commercial bank liquidity management lags behind the development and changes in economic and financial situation, there is restricted itself flows problem management capabilities. Proposed to increase small and medium commercial banks' liquidity management of the relevant policy recommendations. First, the correct understanding and accurate grasp of the regulatory policy intentions and orientation. The second is to properly adjust the asset and liability structure. Third, properly handle the relationship between the pursuit of higher profits and control market risks. Fourth, improve the small and medium commercial banks' liquidity management system and mechanism.