Research On The Credit Structures Influence On The Business Value Of Commercial Banks

Credit business is the main means of profit the bank.It is of theoretical and practical significance to correctly understand the influence of credit structure on the value of the bank enterprise.Through the theoretical study,the influence mechanism of credit structure on the business value of commercial banks is obtained.Through the empirical analysis,the empirical model of the credit loan structure to commercial banks is obtained.Finally,according to the research findings,the paper puts forward some suggestions for bank operation strategy and government credit policy,and revisions the bank business valuation model.First,the literature research determines the appropriate classification of credit structure to facilitate the next research.After introducing the value connotation of the bank enterprise,this paper selects the information asymmetry theory,the modern asset portfolio theory,the scale economy and the uneconomic theory to elaborate the impact mechanism of the credit structure on the value of the bank enterprise,and then selects the A shares listing.The data of 13 commercial banks from 2007 to 10 years were empirically studied.Finally,on the basis of the research,it puts forward the government policy and the bank management opinion on the basis of the current situation of the credit structure in China,and revising the value of the bank enterprise by the comparable case transaction method.The research shows that,in the process of credit structure optimization,the related subjects affect the cost,risk and income of bank credit business by improving the information asymmetry,seeking the optimal portfolio and regulating the credit scale,and ultimately affect the value of the bank.The empirical study shows that the credit business structure,the credit term structure,the credit business loan concentration all have an inverted "U" nonlinear relationship to the business value of the commercial banks.In terms of credit sector structure,the turning point of personal credit is earlier than the turning point of corporate loan ratio,which means that the optimal proportion of corporate loans is higher than that of personal loans.In terms of credit term structure,the turning point of medium and long term loans are more forward thanshort-term loans,and the loan ratio reaches the best contribution point before short-term loans.There is a linear relationship between the credit regional structure and the business value of commercial banks,in which the proportion of loans in developed areas is positively related to the value of the bank enterprise,and the ratio of loans in underdeveloped areas is negatively related to the value of the bank enterprise.Empirical analysis of basic evidence theory basis.Compared with the present situation of the bank credit structure in China,the bank should increase the proportion of the loan to the company,increase the proportion of personal consumption loans,reduce the proportion of individual housing loans,increase the proportion of loans in the developed areas,take a precise delivery policy to the credit in the underdeveloped areas,reduce the proportion of medium and long term credit,and increase the short-term loan.In addition,banks should improve management level,reduce credit cost,improve product innovation and enhance competitiveness of credit business.At the level of government policy,a relatively relaxed regulatory environment should be adopted and the reform of bank property rights should be pushed.Finally,combined with the conclusion of the thesis,this paper introduces the credit structure modification factors in the case comparison of enterprise value transaction,and it improves the value evaluation model of commercial banks.