利率市场化对我国上市商业银行的绩效影响

发布时间：2018-01-05 20:03

本文关键词：利率市场化对我国上市商业银行的绩效影响　出处：《东华大学》2017年硕士论文　论文类型：学位论文

【摘要】：2015年10月,中国人民银行下调金融机构人民币存贷款基准利率和存款准备金率,另对商业银行和农村合作金融机构等不再设置存款利率浮动上限,标志着我国的利率市场化进程迈出决定性一步,也预示着我国长达20年的利率市场化进程已经接近尾声。我国全面放开利率管制后,利率完全由市场上的资金供求状况决定,利率变动更加频繁,这必将对高度依赖存贷利差的商业银行产生极大影响;另一方面,存贷利差的收窄,倒逼商业银行调整业务结构及经营战略,开辟新的资金运用渠道,发掘新的赢利点,从而推动整个金融行业往更加健康的方向发展。本研究以我国16家A股上市商业银行2006-2015年的面板数据为样本,从商业银行“三性”经营原则出发,并利用主成分分析方法在众多衡量商业银行绩效的指标中提取能够代表我国上市商业银行综合绩效的综合指标,同时使用赋值法构建衡量利率市场化改革进程的利率市场化指数IMI,从“分-总”两个角度进行实证研究,探讨我国利率市场化对我国上市商业银行安全性、流动性、效益性以及综合绩效的影响,并检验非利息收入占比对利率市场化与我国上市商业银行绩效之间关系的调节作用,从而验证金融自由化理论在我国的适用性以及我国渐进式利率市场化改革的合理性。研究表明:利率市场化与我国上市商业银行的安全性之间具有较弱的负相关关系,对我国上市商业银行的流动性有着显著的负相关关系,但对效益性产生显著的正向促进作用,同时,对商业银行的综合绩效也能产生显著的促进作用。非利息收入占比对利率市场化与我国上市商业银行绩效之间的关系表现出显著的调节作用。根据以上研究,本文为我国上市商业银行应对利率市场化提出了三点建议:坚持银行经营“三性”原则,在风险可承受、资本可支撑的范围内赚取利润,坚守经营底线;提高自身风险管控能力,建立更加健全的风险管理体制以及更加合理的资产负债组合等,提高自身应对风险的能力;在自身风险管理能力和风险承担边界内有秩序地推进创新,使其经营在安全性、流动性、效益性的前提下更具灵活性。
[Abstract]:In October 2015, the people's Bank of China lowered the renminbi deposit and loan benchmark interest rate and reserve requirement ratio of financial institutions, and no longer set a ceiling on the floating rate of deposit rates for commercial banks and rural cooperative financial institutions. It marks a decisive step in the process of interest rate marketization in our country, and also indicates that the interest rate marketization process of our country for up to 20 years has come to an end. The interest rate is completely determined by the supply and demand of funds in the market, and the interest rate changes more frequently, which will have a great impact on the commercial banks which depend on the deposit and loan interest rate difference. On the other hand, the narrowing of deposit and loan spreads has forced commercial banks to adjust their business structure and business strategy, open up new channels for the use of funds, and explore new profit points. In order to promote the development of the entire financial industry in a more healthy direction. This study takes 16 A-share listed commercial banks in China from 2006 to 2015 as a sample of panel data. Starting from the "three characters" management principle of commercial banks, and using principal component analysis (PCA) method, we can extract the comprehensive indicators which can represent the comprehensive performance of listed commercial banks in China from many indicators to measure the performance of commercial banks. At the same time, we use the assignment method to construct the interest rate marketization index (IMII), which is used to measure the process of interest rate marketization reform, and make an empirical study from the perspective of "sub-total". This paper discusses the effects of interest rate marketization on the security, liquidity, efficiency and comprehensive performance of listed commercial banks in China. It also examines the effect of non-interest income on the relationship between marketization of interest rate and the performance of listed commercial banks in China. Therefore, the applicability of financial liberalization theory in China and the reasonableness of progressive interest rate marketization reform in China are verified. There is a weak negative correlation between the marketization of interest rate and the security of listed commercial banks in China. There is a significant negative correlation to the liquidity of listed commercial banks in China, but it has a significant positive effect on the efficiency and at the same time. The proportion of non-interest income can play a significant role in regulating the relationship between the marketization of interest rate and the performance of listed commercial banks in China. This paper puts forward three suggestions for China's listed commercial banks to deal with the marketization of interest rate: adhere to the "three characteristics" principle of bank management, earn profits within the range of risk tolerance and capital support, and stick to the bottom line of operation; Improve their risk management ability, establish a more sound risk management system and a more reasonable portfolio of assets and liabilities, improve their ability to deal with risks; In order to promote innovation within its own risk management ability and risk bearing boundary, it makes its operation more flexible under the premise of safety, liquidity and benefit.
【学位授予单位】：东华大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.33;F832.51

【相似文献】