Research On Influencing Factors Of Interbank Assets Of Commercial Banks

Under the impact of interest rate marketization reforms and Internet finance,affected by the large scale of outlets,long artificial credit review cycle and relatively backward risk prevention and control measures,the scale expansion of traditional credit business of commercial banks is difficult to maintain the high level of commercial banks.The level of profitability,the interbank business that emerged at this time has become an important means for commercial banks to circumvent credit scale control,adjust capital surplus and optimize resource allocation.Especially since 2010,the interbank business of China 's commercial banks has not only grown rapidly,but its business model has also been continuously innovated,but the disordered growth has confounded the chaos of nonstandardized asset investment and capital arbitrage,and has become a key area of regulatory governance in recent years.On the basis of elaborating the research background and reviewing related research,this paper firstly sorts out and summarizes the history and status of the innovation of the interbank business model of commercial banks from the perspective of regulatory policies,and secondly takes 188 commercial banks as samples from 2010 to 2018,aiming at interbank storage,Interbank dismantling and buy-back resale three types of inter-bank assets,empirically examined the influencing factors of inter-bank assets,and from the characteristics of banks,macro environment and regulatory policies,etc.,examined the heterogeneous impact of inter-bank liabilities on the size of inter-bank assets.The results of the study show that the nature of banks,macro environment and regulatory policies all have an important impact on the scale of interbank assets in China's commercial banks.Specifically: In terms of bank characteristics,the asset scale,nonperforming loan ratio and loan scale indicators have a negative impact on the size of interbank assets,while interbank liabilities have a positive impact on interbank assets;in terms of macro environment,the higher the market interest rate,the interbank assets The larger the scale;in terms of regulatory policies,stricter regulation has a significant inhibitory effect on the size of interbank assets.Moreover,the influence of related factors on the scale of the buy-back resale industry assets is more obvious.Regarding the positive impact of interbank liabilities on the size of interbank assets,further evidence shows that: relatively speaking,banks with small assets and low credit ratings,and under the environment of rapid M2 growth,high market interest rates and loose regulatory policies The positive impact of liabilities on interbank assets is more obvious.