利率市场化对我国上市银行绩效影响的实证分析

发布时间：2018-04-20 21:00

本文选题：利率市场化 + 商业银行　；参考：《浙江大学》2017年硕士论文

【摘要】：利率市场化是经济发展到一定程度的必然产物,也是中国进行金融改革的必然要求。随着存款利率管制的全面放开,我国的利率市场化进程对传统银行体系的影响也开始逐步显现,利率市场化的话题不断升温。在不断推进利改的过程中,商业银行所面临的机遇与挑战并存。一方面利率市场化推动银行业务结构转型,加快金融创新;另一方面,利率市场化也导致存贷利差收窄,银行绩效降低,影响银行经营的稳定性。我国利率市场化起步较晚,但发展速度较快,如何在不断推进利率市场化的情况下,保持银行经营的稳定性,增强银行绩效是现下研究的一个热点话题。本文一方面通过利率市场化对银行绩效影响的理论分析,将利率市场化与我国实际情况相结合,探究了我国利率市场化影响银行绩效的传导途径及其间接效应。另一方面采用定量分析来研究利率市场化对银行绩效的影响,首先通过描述性统计与显著性检验发现上市银行的盈利性受利改重要时间节点的显著影响。其次本文用更严谨的实证模型进行了检验,结果显示:利率市场化对上市商业银行绩效有显著正向影响,利率市场化程度越高,上市商业商业银行的绩效越高,这是我国利率市场化带来的益处。接着本文又通过利改对不同类型的上市商业银行绩效的实证检验,结果表明实际GDP增长率是影响大型国有银行和股份制商业银行绩效的显著因素;上市城市商业银行的存贷利差越大,资产收益率越大。最后,我们根据上述实证结果,从银行和货币当局两个层面出发,提出了如下建议:实现业务结构转型,适应时代需求;加强利率风险管控,减缓市场风险;提升资产负债管理水平,强化产品定价能力;完善金融监管制度,约束不良经营。
[Abstract]:Interest rate marketization is the inevitable outcome of economic development to a certain extent, and also the inevitable requirement of China's financial reform. With the deregulation of deposit interest rate, the influence of interest rate marketization on the traditional banking system is beginning to appear, and the topic of interest rate marketization is heating up. In the process of promoting profit reform, commercial banks are faced with both opportunities and challenges. On the one hand, the marketization of interest rate promotes the transformation of banking business structure and accelerates financial innovation; on the other hand, the marketization of interest rate also leads to the narrowing of deposit and loan spreads and the decline of bank performance, which affects the stability of bank management. The interest rate marketization in our country starts late, but the development speed is fast. How to keep the stability of the bank operation and enhance the bank performance is a hot topic in the current research under the condition of pushing forward the interest rate marketization continuously. On the one hand, through the theoretical analysis of the influence of interest rate marketization on bank performance, this paper combines the interest rate marketization with the actual situation of our country, and probes into the transmission way and its indirect effect of interest rate marketization affecting bank performance. On the other hand, quantitative analysis is used to study the impact of interest rate marketization on bank performance. Firstly, through descriptive statistics and significance test, it is found that the profitability of listed banks is significantly affected by the important time node of profit change. Secondly, this paper uses a more rigorous empirical model to test, the results show that the marketization of interest rate has a significant positive impact on the performance of listed commercial banks, the higher the degree of interest rate marketization, the higher the performance of listed commercial banks. This is our country interest rate marketization brings the benefit. Then the paper tests the performance of different types of listed commercial banks through profit reform. The results show that the real GDP growth rate is a significant factor affecting the performance of large state-owned banks and joint-stock commercial banks. The bigger the deposit and loan spreads of commercial banks in listed cities, the greater the return on assets. Finally, according to the above empirical results, from the banking and monetary authorities, we put forward the following suggestions: to achieve business structure transformation, to adapt to the needs of the times, to strengthen interest rate risk control, to mitigate market risk; Improve asset liability management, strengthen product pricing capacity, improve the financial regulatory system, and restrain bad management.
【学位授予单位】：浙江大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.33;F832.5;F830.42

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