Study On The Regional Distribution Of The Banks Overseas Investment

The dissertation generalized the regional distribution of the banks oversea investment theories both from micro perspective and macro-perspective.From the micro perspective, the theories can be generalized as the economics of sacle theory, the economics of scope theory, the synergy effects theory and the eclectic theory of international production. From the macro-perspective, the theories can be generalized as the FDI induced investment theory, the comparative advantage theory, the economic integration theory and the financial game theory.From the Regional Development perspective, it analyzed the present situation of regional distribution of overseas investment of the large-scale multinational banks. Through discussing the histories and the regional distribution characteristics of the two multinational banks-HSBC and Citi Bank, it summarized the geographical areas and target markets to invest of the international large-scale banks. Acorrding to the effects to China's economics and regional cooperation level, this dissertation divided the global economic regions into six parts, that is the USA, Asia-Pacific, the EU, Latin America and Africa, the CIS and the other countries and regions. It analyzed the global economics development conditions. And it told the overseas investment reasons and the market positioning on the six kinds of regions of China commercial banks.From the banks behavior perspective, it analyzed different regions'advantages including five aspects, that is politics, economices, geography, culture and legal system. It generalized regions distribution of overseas investment methods--hot and cold assessment act, investment environment assessment method, multivariate assessment act and index method. According to the general geographical advantages and the unique geographical advantages of China's commercial banks, it established regional distribution of overseas investment the criteria and the way to select target markets, and determined tge key target markets of China's commercial banks. China's commercial banks should treat Asia-Pacific region as a basement, cautiously enter into emerging markets such as Latin America and Africa, and expand into Europe and America markets appropriately.And then it could bring the bussiness and agencies to the other regions and promote the global development.Under the OLI framework, this paper analyzed the influence afctors on regional distribution of overseas investment. It made a profit function of banks and proofed how the different factors influenced on the regional distribution of overseas investment through empirical analysis. It made the conclusions that there are four factors will affect the process of China's commercial banks overseas investment-experiences on overseas investment, FDI from non-financial enterprises to the host countries, bilateral trade, the level of economic development of the host countries and the distances, but the size of banks did not significantly affect the Chinese commercial banks' overseas investment.It chose Citibank, HSBC and Standard Chartered bank as the typical banks to find out their developemt histories and overseas investment histories. Through the analysisi on the three typcial banks, this paper comparatively analyzed the Chinese commercial banks. It mainly focused on the Bank of China, ICBC, China Construction Bank and other national joint-stock commercial banks. This paper summarized overseas investment experiences of the advanced international banks and gave suggestions to Chinese commercial banks. It provided operating instructions to Chinese commercial banks for the region selection of overseas investment and provided policy recommendations on how to go international and meet the global challenge.