| With the acceleration of the process of marketization of interest rates,the improvement of financial disintermediation and the intensity of banks competition,the banks can not make great profits by the interest difference from the deposit and loan.As a result,the interbank business become the major business of bank industry.On the one hand,the development of interbank business brings vitality to the financial industry and makes the operating situations better.On the other hand,the fast-moving capital satisfies the various demand from the real economy.However,the way the banks develop interbank business remains numerous potential risk,weakens the effect of the regulations and makes negative influence to the financial system.Recognizing the interbank business correctly and figuring out the potential risks triggered by the business are of great importance.Therefore,through qualitative and quantitative research method,this paper expounds the present situation,the business models and the reasons why it improved so fast.What's more,this paper also explores the relations between the business and the potential risks from the macro and micro perspectives.Through the recent news of “cash crush” and the analysis of the business,this article maintains that the liquidity risk is easy to break out as the fast growing of interbank business.So this article makes use of the panel data of twenty-one different types of business banks from2009 to 2015 and the PCA method to analyze the relationship between interbank business and the liquidity of banks and the factors that affect the bank liquidity.The results shows that the sample banks can be divided into 3 different types.The state-commercial banks have the best liquidity management ability and the liquidity level of the small banks are relatively weak.Besides the relationship between the interbank business and bank liquidity is negative,the expansion of interbank business would result in the decrease of liquidity level. |
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