我国大型商业银行存款利率定价影响因素的实证研究

发布时间：2018-05-30 01:43

本文选题：存款利率定价 + 利率市场化　；参考：《天津财经大学》2014年硕士论文

【摘要】：逐步实现存款利率市场化,是利率市场化进程中最重要的一步。我国提出了《关于金融支持经济结构调整和转型升级的指导意见》,强调要稳步推进利率市场化改革,重视市场在资金配置中的基础性作用,可见我国已经逐步加快了利率市场化的进程。同时,自贸区的发展、互联网金融的兴起,也对存款利率市场化的进程起到了催化作用。但是,目前我国仍处于存款利率市场化的初级阶段,那么作为规模较大的大型商业银行,理应在这次改革中,最先建立存款利率定价体系,所以我们必须厘清影响存款利率定价的因素,以对大型商业银行提高存款定价能力提供行之有效的对策建议。通过阅读大量的国内外相关文献,最终确定以金融抑制和金融深化理论、利率控制和利率市场化利率为理论基础,并以文献涉及的国内外的存款利率定价方法为参考。考虑到取得样本数据的难易程度,本文选择以国有银行和全国性股份制银行为研究对象,并通过斯塔克伯格博弈模型分析以我国大型的商业银行为研究对象的必要性。然后,本文通过构建多元线性回归模型,得出存款市场规模、银行市场份额、中间业务收入占比、不良贷款占比、银行规模和盈利能力与存款利率的上浮幅度呈负相关。此外,当研究对象拓展为全国所有银行,或地方性银行,结论依然成立。研究结果表明：(1)大型商业银行的存款利率上升幅度与市场规模和银行市场份额呈负相关；(2)大型商业银行的存款利率变动与中间业务收入占比和不良贷款占比呈负相关；(3)当银行资产达到一定规模时,大型商业银行才会具有一定的规模效益；(4)高盈利银行的存款利率变动幅度会小于低盈利银行。此外,本文借鉴美国存款利率市场的特征,得出大力发展中间业务、创新定价能力、拓展同业存单试点等策略建议。本文的创新之处在于：本文定义了银行盈利能力和银行资产规模两个虚拟变量,通过对2012年6月8日存款利率放开管制后的数据的分析,将利率上浮幅度作为被解释变量,使模型更有说服力,并通过对研究对象的拓展,定性分析了全国商业银行和地方商业银行的存款利率定价的影响因素。
[Abstract]:Gradually realizing the marketization of deposit interest rate is the most important step in the process of interest rate marketization. China has put forward the guiding opinions on the restructuring and Transformation of the Financial support economy, stressing the need to steadily promote market-oriented interest rate reform and to attach importance to the fundamental role of the market in the allocation of funds. Visible our country already accelerated the process of interest rate marketization step by step. At the same time, the development of free trade zone and the rise of Internet finance also play a catalytic role in the process of marketization of deposit interest rate. However, at present, our country is still in the primary stage of marketization of deposit interest rates. As a large commercial bank on a large scale, it should be the first time in this reform to establish a pricing system for deposit interest rates. Therefore, we must clarify the factors that affect the pricing of deposit interest rate, in order to provide effective countermeasures and suggestions for large commercial banks to improve the ability of deposit pricing. Through reading a large number of domestic and foreign related literature, it is determined that the theory of financial suppression and financial deepening, interest rate control and interest rate marketization as the theoretical basis, and reference to the domestic and foreign deposit interest rate pricing methods involved in the literature. Considering the difficulty of obtaining sample data, this paper chooses the state-owned banks and national joint-stock banks as the research objects, and analyzes the necessity of taking the large commercial banks in China as the research objects through Stackberg game model. Then, by constructing the multiple linear regression model, the paper draws the conclusion that the scale of deposit market, the market share of banks, the proportion of intermediate business income, the proportion of non-performing loans, the scale and profitability of banks are negatively correlated with the floating range of deposit interest rate. In addition, when the subject of the study expanded to all banks nationwide, or local banks, the conclusion still holds. The results show that the increase in deposit interest rate of large commercial banks is negatively correlated with market size and market share.) the change of deposit interest rate of large commercial banks is negative to the proportion of intermediate business income and non-performing loans. When the bank's assets reach a certain scale, Large commercial banks will only have certain economies of scale.) the change of deposit interest rate of high profit banks will be smaller than that of low profit banks. In addition, this paper draws lessons from the characteristics of the American deposit interest rate market, and draws some strategic suggestions such as vigorously developing intermediate business, innovating pricing ability and expanding the pilot of interbank certificates of deposit. The innovation of this paper lies in: this paper defines two fictitious variables of bank profitability and bank asset size. Through the analysis of the data after the deregulation of deposit interest rate on June 8, 2012, the floating range of interest rate is taken as the explanatory variable. It makes the model more convincing, and through the extension of the research object, qualitative analysis of the national commercial banks and local commercial banks of deposit interest rate pricing factors.
【学位授予单位】：天津财经大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.33

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