The Impact Of Financial Disintermediation On Banks' Deposit And Loan Business Of China

Financial disintermediation,appeared in the United States firstly.is a kind of economic phenomenon which inevitably appears with the development of the financial market.Now,there are different degrees of financial disintermediation in the world,and many countries that previously belonged to the bank-led financing model are turning into market-oriented.Studing on the impact of financial disintermediation on bank deposit and lending business,it is undoubtedly of considerable realistic significance,and it also can provide theoretical guidance for achieving disintermediation correction effect of China's banks and foreign banks.This research will analyze the influence of financial disintermediation of bank deposit and loan business,respectively from the perspective of commercial bank assets and liabilities.Firstly,analyzing the impacts that the actual rate of deposits,competition in the financial industry and the development of the insurance industry and the securities industry have on the disintermediation effects of bank deposits business,and the adjustment of bank debt structure under such influence.Secondly,studying the the impacts that the development of the stock financing and bond financing tools have on the disintermediation effects of bank deposits business.Under such influence,the bank loan focus has also changed.Thirdly,this research analyzes the impact of financial disintermediation on banks' deposit and loan business in China,and obtain the results of influence degree and period related.The United States,a country that develops financial disintermediation very early and successfully,has a lot of experience that need China's banking industry to learn.In this research,I take America's banking industry as the object of comparative analysis,by which I find out the similarities and differences between China and America's banking deposit business,at the same time I seek to provide some advices for China's banking deposit business form the transition and upgrading experience from America.