| As an important part of financial system in China,city commercial banks meet the financial needs of small and medium-sized businesses and citizens in cities,and favorably support the high-quality development of economy in China.However,due to its late establishment and weak anti-risk capability,the operation and development of China’s city commercial banks are faced with the impact of complex external environment,and the optimal allocation of internal resources has become an important stabilizer to promote the sustainable development of city commercial banks.Under this background,it has important theoretical and practical significance to discuss how to improve the operation efficiency of city commercial banks and realize the optimal allocation of resources.Based on the analysis of the operation status of China’s city commercial banks,this paper constructs an evaluation index system,uses the super-efficiency SBM model and the Malmquist index model to have comprehensive research on the operation efficiency of China’s typical city commercial banks from 2016 to 2020 from static and dynamic levels.Then,it selects the case of Zhongyuan Bank,analyzes the evolution characteristics of its operation efficiency in depth,and provides suggestions to further improve the operation efficiency of China’s city commercial banks on this basis.the research findings are as follows.(1)Static analysis of the operating efficiency of city commercial banks.Overall,the average comprehensive operating efficiency of city commercial banks in the past five years was 0.831,showing a fluctuating upward trend,showing a good development trend on the whole.However,Bank of Wuxi,Bank of Zhangjiagang,Bank of Changsha,Bank of Suzhou and Bank of Guiyang have not reached an efficient state,indicating that their resource allocation capabilities are weak and resources are misallocated.From the perspective of efficiency decomposition,the main reason why most city commercial banks can reach the effective frontier is that the pure technical efficiency is high,while Zhangjiagang Bank,Zhengzhou Bank and Guiyang Bank whose comprehensive technical efficiency is less than 0.7 are due to their pure technical efficiency and low-efficiency scale.From the perspective of investment redundancy,city commercial banks have the highest investment redundancy ratio in bank fixed assets,reaching57.93%,while the lowest investment redundancy ratio is the number of deposits,which is 15.73%.(2)Dynamic analysis of the operation efficiency of city commercial banks.In the past five years,the average growth rate of the Malmquist index of city commercial banks’ operation is 7%,of which the technological progress rate is 5%.Among them,the Bank of Qingdao whose Malmquist index is lower than 1 shows that there is still room for improvement in the resource allocation and management mode of Bank of Qingdao.(3)A case study of the evolution of operating efficiency of Zhongyuan Bank.In the past five years,the operating efficiency of Zhongyuan Bank has been continuously improved and reached the effective frontier,but the scale returns have been in a state of diminishing.The changes in the operating efficiency of Zhongyuan Bank over the years are mainly affected by the technological progress index.The development strategy of Zhongyuan Bank combined with changes in operating efficiency has gradually improved the overall operating efficiency of Zhongyuan Bank,which also has great reference value for the development of city commercial banks across the country.(4)Suggestions on improving the operational efficiency of China’s city commercial banks.Improve its own operation and management level to make up for its own disadvantages;strengthen product and service innovation,expand business scope;rationally allocate resources to enhance risk tolerance;government policy guidance and provide multi-directional support. |
