我国商业银行涉入私募股权投资业务的模式研究

发布时间：2018-02-28 16:50

本文关键词： 私募股权投资多元回归分析投贷联动并购基金新经济模式　出处：《首都经济贸易大学》2017年硕士论文　论文类型：学位论文

【摘要】：在我国的经济发展日益走向成熟稳定之际,各家商业银行之间的业务竞争愈加激烈,众多非银行机构的信贷业务模式激增,使商业银行在传统业务上受到严重的冲击,此时,涉入私募股权投资业务给我国商业银行开辟了一条新的道路,并且成为其成功转型的关键之一。从传统业务来讲,我国商业银行的盈利模式主要为利差所得,然而随着国家宽松政策的实施,以及同业的竞争下,这部分所产生的利润逐渐收窄,受到了很大的冲击,并且未来一段时间内,也很难改变这种现状。在这样的背景之下,我国商业银行开始改变现有的经营模式,诸如间接涉入私募股权投资业务等已予以重视。由于商业银行在客户等资源上有绝对优势,金融服务系统和平台较为稳定,运营模式也比较成熟,虽然我国监管部门对商业银行涉入私募股权投资领域有相对的限制和管理规范,但是商业银行仍能够在市场中发现机会,整合现有资源,改变经营思路,使中间业务得到广泛发展。并且致力于金融服务水平的提升,打造出更专业,更全面,更具创新性的综合金融服务平台,为我国商业银行经营模式的的改革做出了巨大的贡献。目前商业银行涉入PE业务的模式可分为四大类,以资金募集、PE托管、财务顾问等为主的收取手续费、佣金、咨询费等中间业务模式,以及创新的投贷联动模式。对于四种模式,具有的优势,为商业银行带来的利润空间以及在运作中存在的问题,是本文研究的主要内容。本论文由六个部分组成,第一章为引言,是对行文目的和意义的阐述以及论文整体内容的概述;第二章为相关理论依据,第三章基于理论知识的背景,针对目前我国商业银行涉入私募股权投资业务的模式,以及开展不同业务模式的环境、动因、优势、所面临的困境等方面进行了阐述和剖析,提出了各种模式存在的问题,并为后文选取得深入研究的模式作了铺垫;第四章为案例分析,对“投贷联动”模式进行了深入分析;第五章为实证分析,通过构建数学模型,对开展“投贷联动”业务模式的规模与银行绩效之间的关系进行比较和分析;最后为结论,是本论文的研究成果展示,包括对本文提出的问题进行了回答,并给出了具体的建议。
[Abstract]:As the economic development of our country moves towards maturity and stability day by day, the business competition among various commercial banks is becoming more and more fierce, and the credit business model of many non-bank organizations is proliferating, which makes the commercial banks suffer a serious impact on the traditional business, at this time, Private equity investment has opened a new way for Chinese commercial banks, and has become one of the keys to their successful transformation. However, with the implementation of the national policy of easing and competition from the same industry, the profits generated by this part have gradually narrowed, which has been greatly impacted, and it will be very difficult to change this status quo in the future. Against this background, China's commercial banks have begun to change the existing business model, such as indirect involvement in private equity investment business has been attached importance. Because commercial banks have an absolute advantage in customer resources, the financial service system and platform is relatively stable. Although China's regulatory authorities have relatively limited and regulated commercial banks' involvement in the field of private equity investment, commercial banks are still able to find opportunities in the market, integrate existing resources, and change their business thinking. Making the intermediary business widely developed. And dedicated to improving the level of financial services, to create a more professional, more comprehensive, more innovative integrated financial services platform, It has made a great contribution to the reform of the business model of commercial banks in our country. At present, the models of commercial banks involved in PE business can be divided into four categories, which mainly collect fees and commissions, such as raising funds for PE trusteeship, financial consultants, etc. Consulting fees and other intermediate business models, as well as innovative investment and loan linkage models. For the four modes, the advantages, the profit space for commercial banks and the problems in operation, This paper is composed of six parts, the first chapter is the introduction, the purpose and meaning of the text and the overview of the whole content of the paper; the second chapter is the theoretical basis, the third chapter is based on the background of theoretical knowledge, the first chapter is the introduction, the first chapter is the introduction, the second chapter is the related theoretical basis, the third chapter is based on the background of theoretical knowledge. This paper expounds and analyzes the models of private equity investment in China's commercial banks and the environment, motivation, advantages and difficulties faced by different business models, and puts forward the problems existing in these models. It also lays the groundwork for the model of the further study of the selected articles; 4th chapter is the case analysis, and the model of "investment and loan linkage" is deeply analyzed; chapter 5th is the empirical analysis, through the construction of mathematical model, This paper compares and analyzes the relationship between the scale of the business model of "investment and loan linkage" and the performance of the bank. Finally, it concludes that the research results of this paper are displayed, including the answers to the questions raised in this paper. Some concrete suggestions are given.
【学位授予单位】：首都经济贸易大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.51

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