| From the fundamental attribute of the bank,as a financial institution,its operation goal must be to profit as the ultimate goal.On the basis of this principle,in the process of making credit decisions,banks are likely to pay attention to profits and use most of their assets for loans to high-risk but high-yield industries or related customers,thus ignoring the investment principle of asset diversification.If such customers are concentrated in default or the overall development trend of the whole investment industry is frustrated,it will inevitably lead to a large increase in the non-performing loan rate of banks,capital liquidity will also be reduced,and the risk of bank assets will be increased.Driven by interests and restricted by the overall level of economic development in different regions,banks of various scale and levels in different regions of the country differ greatly in the degree of loan concentration.Therefore,in order to improve the overall management level of banks in different regions and at different levels,and promote the allocation of loans in a more scientific and reasonable way,this paper starts from the correlation and influence between the concentration of loans and the liquidity risk of banks,in-depth study of the correlation and influencing factors,and in-depth analysis and research from two aspects of theoretical development and practical improvement.This paper discusses the relationship between liquidity risk and non-performing loans through theoretical analysis and current situation analysis,and adds some factors such as industry concentration and policy effect.On this basis,38 a-share listed banks,including Bank of China,Bank of Industrial and Commercial Bank of China,Bank of Beijing and Bank of Shanghai,are selected for this study,this paper uses panel data fixed effects model to empirically analyze the relationship among loan industry concentration,non-performing loans and liquidity risk.It is found that:(1)the degree of industry concentration has a significant impact on the operational liquidity risk of commercial banks;(2)the non-performing loan ratio and the Z value of bankruptcy risk have a significant moderating effect on the relationship between the two;The decline of non-performing loan ratio weakens the adverse impact of industry concentration on commercial banks,and the Z value of bankruptcy risk aggravates the adverse impact,the impact of industry concentration is heterogeneous between state-owned banks and non-state-owned banks,and non-state-owned banks bear greater risks.In the light of the above findings,this paper,from the perspective of capital outflow from commercial banks and the monetary policy of the supervisory authorities,proposes to strengthen the Macroeconomic regulation and control,promote the smooth and orderly operation of the economy,and be good at using monetary policy,to bring into play the counter-cyclical nature of policy regulation;to establish a corporate management system to improve the profitability of enterprises;to strengthen risk management and improve the loan system;to improve the risk early warning mechanism for major events;and to actively carry out diversified business,improve the profitability of banks;innovative means to deal with non-performing loans.And so on.The research of this paper has certain reference significance for commercial banks to enhance credit management ability and reduce liquidity risk. |
