An Empirical Analysis Of The Impact Of Loan Concentration On The Performance Of China's Listed Commercial Banks

Commercial banks have been lending market as the leading position,the process of enterprise financing in all aspects play an important intermediary,the rationality of the loan funds to invest will often affect the coordinated development of the real economy accordingly,loan structure reasonable arrangement planning will profoundly affect the bank's operating performance.In order to explore the analysis of loan concentration time effect on the performance of commercial banks is more objective,and to bank lending funds planning rationality,this paper uses the theory combined with empirical correlation comparison method and performance of the centralized management of commercial bank loans and a detailed system Research.The object of this study includes 14 listed commercial banks,the paper first on the existing domestic and foreign literatures to comb the theoretical basis of loan concentration influence the performance of the bank,and from the customer,regional and industry concentration is three aspects of China's banking industry loan concentration situation in China,commercial bank loans are more concentrated on the state-owned monopoly enterprises,large listed companies,manufacturing industry,more developed real estate infrastructure and economy of the East.Then by using the method of quantitative analysis,described our country commercial bank loan concentration,establish loan concentration measurement index,modified HHI refers to The number of calculation of area concentration and industry type,and the ten largest customer loan ratio measure customer concentration.Finally,to measure the performance of commercial banks with the average return on assets index,the new non-performing loan ratio,equity concentration,loan concentration lagged one period,according to the annual report data I China's listed commercial banks,the empirical research on the loan concentration impact on China's overall market performance of commercial banks and panel regression model,commercial banks will be divided into two different types of commercial banks,the difference between the effect of research and comparison.Through theoretical and empirical analysis above,the main conclusions obtained for loan concentration on the performance of commercial banks has a lag effect,is not significant.For the overall impact of the current listed commercial banks,loans to customers and industry concentration and bank performance is negatively correlated;the loan concentration area showed a positive correlation the relationship between business and bank performance;a reverse relationship between the rate ofnon-performing loans and bank operating performance;equity concentration to promote the performance of commercial banks play a role.For the different nature of the commercial bank,the industry concentration of loans on the state-owned commercial bank's operating performance is positively related to the stock.For the performance of commercial banks influence is negatively related;area of loan concentration of joint-stock commercial banks operating performance is positively related,has no significant effect on the operating performance of state-owned commercial banks;customer loan concentration on the influence of two kinds of bank performance are not significant.According to the theoretical analysis and empirical test results when the allocation of loan funds,establish the differentiated credit policy in commercial banks,optimize the revenue structure,establishing and perfecting the supervision system and strengthen the risk early warning indicators of policy recommendations.