The Impact Of Interbank Liability On The Risk Of Commercial Banks

Chinese commercial banks are facing macro environmental transformation pressure,competition pressure between the banking industry,policy control pressure and the bank’s own profit pressure which have prompted banks to find new profitable business channels.Interbank Business has a series of advantages such as high profit,less control and low risk occupation,which are favored by commercial banks.Industry business are originally set to meet the bank’s short-term liquidity adjustment needs.With the continuous innovation of the industry business,interbank business has become one of the most important profit channels for banks.However,as the business model of the interbank business becomes more and more complex,a large amount of funds are traded outside the balance sheet through interbank business channels,thus accumulating a large number of risks.Therefore,it is necessary to discuss the impact of interbank business on bank risk.In recent years,the emerging interbank debt business,led by Negotiable Certificate of Deposit and Interbank Finance,has gradually attracted people’s attention,so this paper discusses the risk impact of interbank business on commercial banks from the perspective of liabilities.This paper divides the interbank debt business into the traditional interbank debt business and the emerging interbank debt business,and then classifies banks as joint-stock banks and non-joint-stock banks,and discusses the problem through theoretical analysis and empirical research.In the theoretical analysis,this paper divides the interbank debt business into five subcategories,combs the operation mode of each interbank business and the risk arising from the bank,and draws the research hypothesis.In the empirical analysis,this paper uses the OLS estimation method to carry on the empirical research of the 12 listed banks from the fourth quarter of 2010 to the fourth quarter of 2017 quarter,including the traditional interbank debt and the emerging interbank debt,This paper also discusses the influence of China’s traditional and emerging interbank debt business on the risk of different types of commercial banks,and concludes that interbank debt will increase bank risk,but traditional interbank debt can spread risk for banks,while emerging interbank liabilities will increase bank risk,and in the emerging interbank business,Interbank assets and interbank banking have a greater impact on bank risk than selling repurchase business.Whether it is joint-stock commercial bank,or large commercial bank,the risk brought by interbank certificates of deposit and interbank financing is bigger than that brought by financial assets sold for repurchase...