Study On Private Banks' Development In China

The private bank is a kind of new-type bank system in our country. This text combine finance promote economic growth, prove the importance of financial systems supporting private economies, and use enterprise financing theory prove that bank grant the loan to small and medium-sized enterprises is indispensable. The financing system, the operating mechanism and bank&enterprise information can't share, is the reason of indirect finance system relying mainly on state-owned large bank for small and medium-sized enterprise's demand. The large state-owned banks have no advantages in offering the loan for the private small and medium-sized enterprise. Quote" long term interaction hypothesis " to explain that the private bank has information advantage. The private bank does not serve the small and medium-sized enterprise naturally. In a situation that the competition is insufficient and market credit is lack, that the private bank serves private economy better, it needs a long time. In the present stage, private bank should start from the community bank.This text uses the financial structure theory, to prove adjusting structure of the banking organization in our country, form the big, medium-sized and small kinds of scale and different ownership, operating mechanism bank, which satisfy the demand on the different levels market. According to the new Institutional Economic, the reason of private bank changes lies in that the income is greater than the cost. The country should relax financial restraint, leading system changes. Set up private banks, can break away from " path dependence" in financial reform. The bank of the foreign capitals will become strong competitors of the large state-owned bank. Opening internal will guide the folk capital to enter in order, can optimize the corporate governance of the original bank, make the bank to innovate on the management and business, and stimulate large state-owned bank to improve it's efficiency, and can weaken the risk of the informal financial activity, improve the strength of the national finance. With the principal-agent theory and the corporate governance theory, this paper prove that four major state-run banks still have shortcoming on the corporate governance after reform. There are advantages in the corporate governance in the private bank.Developing private banks can transform some existed small and medium-sized banks, or can build newly too. The small and medium-sized bank is not good natural,who can't abolish the monopoly and can't service enterprise and local people effectively. Under the guidance of government, these banks absorb folk capitals to dissolve risk and make mechanism in order with heavy difficulty. Newly built private banking system, it can be regard as the supplementary measures for state-owned bank reform and the other bank's transformations.At last, in case of the private bank' rules and regulations, combine industrial organization theory, in the respect of market enter, withdraw, supervise daily, took some developed country as an example, combined china conditions to do some discussions.