The Risk Study Of Listed Commercial Banks In The Era Of Interest Rate Liberalization

Since the state council "file" 3 was promulgated in 2004,dramatic changes have taken place in China's capital market.Simultaneously,marketization of interest rate is accelerating,capital market structure is becoming increasingly diversified,and the trend of financial market deepening is progressively obvious.Commercial banks,as an important role of financial institution,are also constantly changing their management concepts,through taking advantages of innovations to seek new profit growth of the business,enhancing competitiveness.Interbank business possess lots of superiorities,such as the lower cost of financing,less occupancy of capital,and lower risk,which makes itself become one of more important tools to get profit among commercial banks.However,the rapid expansion rate of interbank business with ever-changing market supervision leads to the risk of the commercial bank management.The liquidity crisis triggered by two monetary shortage in 2013 and the case of bills are bought and sold back in 2016,suggest that the potential risk of interbank business for commercial Banks is gradually increasing,even to induce systemic risk.The systematic review to understand the relationship between the risk tolerance of commercial Banks and the risk of inter-bank business,and then put forward counter measures,has certain theoretical significance and realistic value.This articles expected to enhance the understanding of the business of the industry,and then improve the level of prevention of such risks by regulators and commercial bank.In this paper,through theoretical analysis and empirical analysis method of combining the driving factors from the trade,business development,the main business operation mode,etc.,this paper expounded the status of the development of interbank business in China,analyzes the interbank business impact on bank risk bearing level approach,using principal component analysis(pca)on the interbank business of commercial bank liquidity risk measuring and verification,the empirical results are obtained.On the basis of analysis,the paper puts forward countermeasures from the perspectives of top-level supervision,business innovation,mechanism establishment and personnel training,and promotes the healthy and orderly development of the bank and its business.According to study in this paper,mainly the following conclusions:one is the marketization of interest rate makes the bank's net interest margin narrowed,promoted the rapid development of interbank business,but there are serious interbank business term mismatch problem,easy to cause the liquidity risk,and may trigger further financial market systemic risk.Second,there is a direct correlation between the proportion of inter-bank business and the overall risk of the bank.Commercial Banks should control the scale of their business and regulators should improve the supervision system.Three is China's M2 growth rate and the commercial bank liquidity level was significantly positive correlation,the relationship between the market fund,the bank will excess liquidity willingness to release becomes more intense,the faster the scale expansion of interbank business also.Fourth,the return rate of total assets is negatively correlated with the level of bank liquidity,which indicates that Banks tend to deteriorate their liquidity level while improving profitability.