Research On The Measurement And Influential Factors Of China's Listed Commercial Banks'Liquidity Risk

In 2008,the global financial crisis broke out,and the liquidity risk of commercial banks raised global concerns.China also witnessed "money shortages" in 2010,2013,and 2017.China' s supervisory level has paid more and more attention to the liquidity risk of commercial banks.In 2014,it promulgated the "Measures for the Management of Liquidity Risks of Commercial Banks"."Methods" are revised.In 2017,three new liquidity risk monitoring indicators were further introduced["Measures for the Management of Liquidity Risks of Commercial Banks(Revised Consultation Draft)"]in order to strengthen the monitoring of liquidity risk in China's commercial banks.The liquidity risk of commercial banks is the most threat to commercial banks,and it is also the easiest to lead systemic and regional risks.Therefore,the overall measurement of the liquidity risk status of listed commercial banks in China and the study of the influence factors of commercial banks' liquidity risk are relatively Strong practical significance.First of all,this paper sorts out and reviews existing literature from three aspects:the definition of liquidity risk of commercial banks,the measurement of liquidity risk of commercial banks,and the influencing factors of liquidity risk of commercial banks;secondly,this paper summarizes the liquidity risk of commercial banks.Measure indicators and liquidity risk After measuring the construction method of comprehensive indicators,we selected six regulatory indicators for liquidity risk of listed commercial banks in China,and listed our listed commercial banks as large-scale listed commercial banks,joint-stock listed commercial banks,and urban listed commercial banks.The three categories use the entropy method to measure their comprehensive measure of liquidity risk;again,this paper analyzes the influencing factors and impact mechanism of liquidity risk of listed commercial banks,and selects total assets,asset adequacy ratio,and asset-liability ratio.Five micro-influencing factors,such as asset return rate,non-performing loan ratio,and GDP growth rate,the growth rate of Shanghai Composite Index,and M2 growth rate,and three macro-influencing factors,building a panel model,and empirically testing the impact of these factors on the liquidity of listed commercial banks in China.The impact of risk.This article mainly obtained four conclusions:(1)Of the three listed commercial banks in China,the liquidity risk of joint-stock listed commercial banks was the highest,followed by urban listed commercial banks,and the lowest in large-scale listed commercial banks.Liquidity matching ratio,core debt ratio,and maximum ten deposit ratios are the basic indicators that best reflect the liquidity risk of large-scale listed commercial banks.Liquidity ratios,core debt ratios,and liquidity match ratios can best reflect joint-stock listed commercial banks.The liquidity risk,liquidity ratio,loan-to-deposit ratio,and liquidity matching ratio can best reflect the liquidity risk of China's urban listed commercial banks.(2)There are three major microeconomic factors that affect the liquidity risk of large-scale listed commercial banks:asset-liability ratio,non-performing loan ratio,asset adequacy ratio,and macroeconomic factors are the most significant monetary policies;(3)Liquidity risk affecting joint-stock listed commercial banks There are four major microeconomic factors:return on assets,asset-liability ratio,non-performing loan ratio and asset adequacy ratio.The macroeconomic factors have a weaker influence;(4)There are three major microeconomic factors that affect the liquidity risk of listed municipal commercial banks.Total assets,return on assets,non-performing loans,and macroeconomic factors have a weaker impact.In view of the above conclusions,the policy recommendations of this paper are as follows:(1)In China's three types of listed commercial banks,emphasis should be placed on the supervision of the liquidity risk of joint-stock commercial banks,and for different types of commercial banks,monitoring indicators should also be different.(2)Large-scale listed commercial banks should strengthen the control of their asset-liability ratio,non-performing loan ratio and asset adequacy ratio at the micro level,and should pay attention to the impact of changes in monetary policy on their operations in the macro perspective;(3)Listed-stock commercial enterprises Banks should strengthen control over the return on assets,asset-liability ratio,non-performing loan ratio,and asset adequacy ratio at the micro level;(4)City commercial banks should strengthen the overall assets,return on assets,and non-performing loan ratios of commercial banks at the micro level.control.