通货膨胀对商业银行债务融资结构的影响研究

发布时间：2018-02-15 15:08

本文关键词： 商业银行融资影响对策　出处：《深圳大学》2017年硕士论文　论文类型：学位论文

【摘要】：商业银行债务融资主要包括表内业务中的债务融资与表外业务中的债务融资。表内业务指的是可以在资产负债表上表现出来的经营活动,表内业务中的债务融资指的是资产负债表内的负债业务,因为我国商业银行吸收存款占总负债的比例较高,大多在50%至80%之间,所以对商业银行表内业务中债务融资的研究,主要表现在对吸收存款的研究上。表外业务指的是不计入银行资产负债表内,不会对总资产、总负债造成任何影响,但会影响当期损益的经营活动。表外业务有四个类别:分别是承诺担保类、中介服务类、代理投融资服务类和其他类别。其中可将承诺担保类分为承诺类与担保类。中介服务指的是依据客户的委托,商业银行来提供相应的中介服务而从中赚取一定手续费的业务,例如资金划拨、货币的支付等业务。代理投融资服务类指的是银行按照客户的委托,为其提供相应的投融资服务,主要是银行理财产品。所以对商业银行表外业务中债务融资的研究,主要体现在对银行理财产品的研究上。即研究通货膨胀对商业银行债务融资结构的影响,就是研究通货膨胀对吸收存款与银行理财产品的影响。本文以我国16家A股上市商业银行2006-2015年的财务数据为样本,对我国商业银行表内业务与表外业务中的债务融资现状进行分析。并实证研究了我国上市商业银行债务融资行为与通货膨胀之间的关系,先探究全样本商业银行债务融资行为与通货膨胀之间的关系;再将样本按照商业银行的性质进行分类,分为国有商业银行、股份制商业银行以及城市商业银行,比较分析了这三类商业银行债务融资行为与通货膨胀之间关系的差异。实证结果表明当通货膨胀率提高时,商业银行表内业务债务融资中吸收存款的增长率会降低,而商业银行表外业务债务融资中银行理财产品的资金余额增长率会提高。当通货膨胀率降低时,商业银行表内业务债务融资中吸收存款的增长率会提高,而商业银行表外业务债务融资中银行理财产品的资金余额增长率会降低。即通货膨胀对商业银行表内业务中的债务融资与表外业务中的债务融资有联动的影响作用,且无论是表内业务债务融资还是表外业务债务融资方面,城市商业银行与股份制商业银行受到的影响都比国有商业银行受到的影响大。
[Abstract]:Debt financing of commercial banks mainly includes debt financing in intra-balance-sheet business and debt financing in off-balance-sheet business. The debt financing in the balance sheet business refers to the debt business in the balance sheet. Because the proportion of deposits absorbed by commercial banks in the total liabilities is relatively high in China, most of them are between 50% and 80%, so the research on debt financing in the balance sheet business of commercial banks. This is mainly manifested in the study of deposit-taking. Off-balance sheet business means that it is not included in the bank's balance sheet and will not have any impact on the total assets and liabilities. There are four categories of off-balance sheet business: commitment guarantee, intermediary service, etc. The category of agency investment and financing services and other categories. Among them, the category of commitment guarantee can be divided into commitment class and guarantee class. Intermediary service refers to the business from which commercial banks provide corresponding intermediary services and earn certain handling fees on the basis of clients' entrustment. For example, fund transfer, payment of money, and so on. The category of agency investment and financing services refers to the bank providing corresponding investment and financing services to the clients according to their entrustment. It is mainly banking financial products. Therefore, the research on debt financing in off-balance sheet business of commercial banks is mainly reflected in the study of bank financial products. That is, to study the impact of inflation on the debt financing structure of commercial banks. This paper takes the financial data of 16 A-share listed commercial banks in China from 2006 to 2015 as a sample. This paper analyzes the current situation of debt financing in the internal and external business of commercial banks in China, and empirically studies the relationship between debt financing behavior and inflation of listed commercial banks in China. This paper first explores the relationship between debt financing behavior and inflation of commercial banks, and then classifies the samples into state-owned commercial banks, joint-stock commercial banks and urban commercial banks according to the nature of commercial banks. The difference between debt financing behavior and inflation of these three types of commercial banks is compared and analyzed. The empirical results show that when inflation rate increases, the growth rate of deposits in the debt financing of commercial banks will decrease. The growth rate of the balance of funds of bank financial products in off-balance-sheet debt financing of commercial banks will increase. When the inflation rate decreases, the growth rate of deposits in the financing of commercial banks' off-balance-sheet debts will increase. However, the growth rate of bank financial products will decrease in off-balance-sheet debt financing of commercial banks. That is, inflation has a linkage effect on debt financing in off-balance sheet and off-balance-sheet financing of commercial banks. In terms of both intra-balance sheet debt financing and off-balance-sheet debt financing, both urban commercial banks and joint-stock commercial banks are affected more than state-owned commercial banks.
【学位授予单位】：深圳大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F822.5;F832.33;F830.42

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