Study On The Liquidity Risk Of Commercial Banks In Small And Medium-sized Cities From The Perspective Of Macro-prudential Management

Commercial banks shall abide by three basic principles,safety,liquidity and profitability,throughout the operation process.As one of the basic principles that commercial banks shall stick to throughout the operation process,liquidity is not only a very effective way to ensure safety but also a lever to effectively balance profitability and safety.As an operational risk faced by commercial banks in the operation process,the liquidity risk is highly destructive and conductive,whose impact is enough to jeopardize the stability of commercial banks and even the entire financial system.At present,countries all over the world have gradually transferred the focus of financial institution regulation reform to how to improve the macro-prudential regulation mechanism.The introduction of macro-prudential concept is also an important measure to improve and strengthen the effect of China's existing financial regulation system.Therefore,in order to achieve the goal of effectively preventing liquidity crisis,it is of great significance to work out the methods to better apply the macro-prudential regulation concept to the liquidity risk regulation system of commercial banks in China.The“money shortage”storm in 2013 rang the alarm bell for the liquidity management of commercial banks,while both the new Basel Accord and the Measures for the Liquidity Risk Management of Commercial Banks issued in May 2018 imposed higher requirements for liquidity management.In such context,this paper,starting with the basic theories of liquidity risk management of commercial banks in small and medium-sized cities,first explains the connotations of macro-prudential management and liquidity risk and expounds the influencing factors for the liquidity risk management of commercial banks in small and medium-sized cities;secondly,it takes Bank of Suzhou as an example and obtains the current status and existing problems of liquidity risk management of this bank through the comparison with the loan-to-deposit ratio,liquidity ratio,core Tier 1 capital adequacy ratio and non-performing loan ratio of commercial banks in neighboring cities and the analysis of the provision coverage and asset-liability structure of this bank.;thirdly this paper decides to adopt the loan-to-deposit ratio indicator as an explained variable to measure the liquidity risk factors of the Bank of Suzhou,and then selects GDP year-on-year growth rate,broad money quarter-on-quarter growth ratio and average overnight inter-banking lending price as explaining variables,in addition to the internal factors such as the ratio of loans to total assets,ROA,core capital adequacy ratio and non-performing loan ratio,and conducts empirical research on the influencing factors for the liquidity risk of the Bank of Suzhou with the time series model;and finally puts forward the countermeasures for liquidity risk management of commercial banks in small and medium-sized cities from the perspective of macro-prudential management.