The Impact Of Deposit Rate Marketization On Listed Banks

For a country's financial marketization process,the marketization of deposit interest rates is an important and crucial step.The changes of various factors due to the marketization of interest rates will cause the banking system to face more serious uncertainties.Scholars at home and abroad have made long-term studies on the marketization of deposit interest rates from various aspects,such as the necessity of marketization of deposit interest rates,the choice of modes and the choice of timing.With the deepening reform and opening up,the pace of market-oriented reform of deposit interest rate in our country started.In 1996,China liberalized its inter-bank lending rate,which marked the first solid step toward the marketization of interest rates in our country.Since 2012,China has gradually liberalized its market-oriented interest rates on deposits and loans.In order to compete for limited markets,China's banks continue to raise their interest rates so as to increase the risks faced by various banks.As a result,the risks faced by banks become larger and the risks borne by listed banks will be greater,so it is of practical significance to study the impact of market-based interest rates on listed banks.This paper firstly makes a simple analysis of the marketization of deposit interest rates in the United States,Japan,Argentina and South Korea,and analyzes the impact of marketization of deposit interest rate on the performance of domestic listed banks.This paper chooses the operating data of 16 representative listed banks in China to analyze the performance impact of listed banks in our country,and chooses three important indexes to measure the operating performance of listed banks: return on assets,loan-deposit ratio and non-performing loan ratio.Empirical analysis to analyze the impact of deposit interest rate marketization on listed banks.The Bresnahan model was first established,then the unit roots were tested,the Kao test was used to test the cointegration of the panel variables,and the Hausman test was used to test the fit of the three models.The result of the analysis is that as the government of our country advances the marketization of deposit interest rates,the risk to listed banks will be further increased.For listed banks,if they want to meet the challenge of market-oriented deposit interest rates easier,they need to actively respond to deepening reforms in terms of the results of governance,the mode of management,and the management of interest rates.This paper chooses the operating data of 16 listed banks in China.Using the Bresnahan model and unit root,Kao test and Hausman test,this paper analyzes the performance of deposit banks and the profitability of listed banks through the marketization of deposit rates and quantitative analysis.Finally,this paper put forward that the listed banks in our country should proactively cope with the market-oriented interest rate liberalization in the future by deepening the reform of bank governance structure,reforming the management mode and reforming the interest rate management.