Research On The Impact Of Monetary Policy On The Risk Taking Of Commercial Banks

After the occurrence of the financial crisis,the financial market continued to be volatile,commercial Banks’ operating risks increased,and the monetary policies of various countries were adjusted frequently.Therefore,financial regulators and economists began to pay extreme attention to the impact of monetary policies on Banks’ risk taking.Some scholars believe that the outbreak of the financial crisis was caused by the long-term implementation of loose monetary policy,which led to the continuous rise of asset prices,the rapid expansion of loan scale and the continuous expansion of risks undertaken by commercial Banks and other financial institutions,which eventually led to the collapse of the entire financial market.The most important part of the financial industry is commercial Banks.Therefore,monetary authorities and scholars pay more attention to the attitude of commercial Banks towards risks and study the impact of monetary policy on the risk taking of commercial Banks,which has important guiding significance for both commercial Banks and monetary authorities.In this context,this paper,on the basis of reviewing domestic and foreign research literature,empirically studies the impact of monetary policy on the risk taking of commercial Banks.This paper introduces the practice of China’s monetary policy and the current situation of commercial Banks’ risk taking in recent years.On the basis of the above,the data of 16 listed commercial Banks from 2008 to 2018 and the macroeconomic data are selected as research samples to analyze the impact of monetary policy on the risk taking of commercial Banks.The research results show that the monetary policy can affect commercial bank risks,the relevant economic variables of monetary policy and the commercial bank risk bearing level was significantly negative relationship,microscopic characteristics and macroeconomic environment of commercial Banks will also impact on commercial bank risk,bank scale,the cost income ratio and the commercial bank risk bearing has significant negative correlation relationship between,liquid level and the commercial bank risk exposures were positively correlated,the GDP growth rate and the commercial bank risk bearing has significant negative correlation relationship.Based on theoretical and empirical research results,and the people’s bank of China commercial bank management,should pay attention to monetary policy impact on commercial bank risk exposures,it puts forward the following countermeasures:monetary policy and macro-prudential policy combination,assumes the risk of commercial Banks in monetary policy framework,the regulation of commercial Banks to implement differentiation policy,improve the regulatory system of commercial Banks.