| After more than 20 years of China’s market-oriented interest rate reform,through long-term theoretical verification and supporting policies,advancing years of interest rate marketization accelerating to complete in 2015.Interest rate marketization,what increase the financial market dynamics in China,is bound to be a major influence on the commercial Banks of our country.Interest rate marketization to achieve more than one year,the policy impact on commercial banks gradually emerge.Combined with the present situation of economic development at home and abroad,timely research for Bank of China’s operating results and summary,found its deficiency in its business model,the corresponding business structure adjustment,is particularly urgent and important.Theory of interest rate marketization and the research on the effects of commercial banks profit model are generally believed that interest rates floating freely under the background of interest rate marketization,which deepen the competition of financial institutions,and bring certain challenge to commercial banks.But at the same time the market along with the improvement of the financial system,become opportunities to the transformation of commercial banks.Deal with the United States and Argentina commercial bank interest rate marketization of the experience and lessons show that spreads to the traditional commercial banks profit model is no longer adapt to the new market environment.Commercial banks must shift profit model as soon as possible,to improve profitability.This article defines commercial Banks profit mode is divided into interest income and non-interest income modes.Under the background of interest rate liberalization,Chinese commercial Banks should change the pattern which is given priority to interest income,gradually will change profit mode into non-interest income.In this paper,take the Bank of China as the research object.Make a detailed analysis of the Bank of China’s assets and liabilities and operating income,to make suggestions for the bank to change profit model.Articles found the defects of current Bank of China’s profit model:depending on the growth of size is unsustainable,increase in non-interest income of the business is hard,net income growth of interest potential is not fully excavated,and the interest rate risk measured by repricing gap increases year by year,and so on.Finally,the author make a prediction of the effectiveness of the shift profit model of Bank of China in the next five years,aiming at the problems of its profit model transformation,put forward feasibility Suggestions.Such as excavating better of mining.,consolidate the advantage;Continue to develop intermediary business,develop a new profit growth pole;To optimize the traditional deposit and lending business,consolidate the interest income;Strengthening the management of interest rate risk and keep operating results,etc.Hoping the above countermeasures could provide the beneficial reference and find a more effective way of profit growth under the new situation for Bank of China and its domestic branches,to cope with the interest rate marketization of our country. |
