Analysis Of Maturity Mismatch And Its Influencing Factors Of Chinese Commercial Banks

In recent years,with the continuous development of China's economy and the deepening of the degree of opening to the outside world,China many challenges and pressures while its comprehensive strength is increasing day by day.In this case,as a national economy,the financial "pillar" of the banking industry,the task and risk will be more severe.Credit assets,as the most traditional business of commercial banks in China,occupy a pivotal position.But all along,China's commercial banks have a term mismatch phenomenon.In regulating the business operation of credit assets of financial institutions,the CBRC is also constantly trying to issue a series of relevant system norms,so to our country It is of great significance to calculate the current maturity mismatch level of the banking industry and to find its influencing factors from the bank's own operation and the overall economic environment.Therefore,the content of this paper mainly focuses on the following two parts: one is to measure and describe the term mismatch of the whole commercial banking industry in China;the other is to reflect the influence of some relevant factors in the bank's own operation and the overall economic environment on its mismatch more directly and clearly through the way of empirical analysis.First of all,by measuring the mismatch gap of deposit and loan term of Chinese commercial banks,this paper analyzes the mismatch status of Chinese commercial banks,and then analyzes the mismatch status from the banks' special projects Business indicators: loan / interest-bearing assets,interbank assets / interest-bearing assets,reserve coverage,financial leverage,capital adequacy ratio,interbank liabilities / interest-bearing liabilities and other angles focus on the impact of banks' own business behavior on the maturity mismatch of their deposits and loans.This paper selects 134 commercial banks in China as experimental samplebanks,including :5 state-owned commercial banks,12 joint-stock commercial banks,72 urban commercial banks and 45 banks.The proportion of total capital output of sample banks to the total capital output of China's banking industry is 87.4%,and it is considered that the sample banks can represent the overall situation of China's banking industry,and the results are effective.Because some banks According to the missing,the fixed effect model of the non-equilibrium panel is adopted,and the group regression is carried out according to the bank category,and the results are tested for robustness,and the empirical conclusion is obtained.So the results of this study are mainly composed of these two parts: one is the analysis of the current maturity mismatch of deposit and loan in China's banking industry;the other is to discuss the influence of the bank's own operation on its deposit and loan mismatch rate.By measuring the mismatch rate,it is found that there is a serious mismatch of deposit and loan term in the banking industry of our country,and there is obvious positive mismatch between the state-owned banks and some joint-stock commercial banks,that is,the core deposits are absorbed more than the loans issued,which may lead to the low efficiency of the use of funds and affect the bank's income level.Banks,the higher the probability of mismatch,the greater the degree of mismatch,compared with the four types of banks in this paper,found that agricultural firms have the highest degree of mismatch,the greater the liquidity risk they face.In view of the current situation of maturity mismatch of deposit and loan and the problems brought by it in china's banking industry,no matter whether the use of funds is inefficient or the bank is exposed to greater liquidity risk,it does not conform to the "three-sex" principle of banking operation,that is," safety,liquidity,profit-making ".Therefore,based on the research results of this paper and the current situation of maturity mismatch of deposits and loans of commercial banks in China,some suggestions on the management of assets and liabilities of banks are put forward:perfecting the deposit management system Promote the securitization of credit assets and optimize the management of assets and liabilities in order to reduce the mismatch level of banks,improve the efficiency of the use of funds,reduce the liquidity risks faced by banks,and make the operation of commercial banks more stable.