Research On Interbank Business Development Of Commercial Banks

Interbank business refers to the commercial banks and financial institutions to carry out between the investment and financing as the core of the business.In the current marketization of interest rates and financial dislocation of the macroeconomic background,as the emerging field of the interbank business has become a commercial bank to break through the old business development bottleneck,seeking business performance continued to grow strategic transformation direction.In recent years,China's commercial banks with the rapid growth of business,has aroused widespread concern in the community.How to deal with the reasonable factors of the emergence and development of commercial banks' interbank business,and the potential risks of dealing with the risks,so that the study of this problem has both theoretical and practical significance.Based on the review of relevant theories and literatures,this paper analyzes the development stage,driving factors,main innovation modes,potential risks and regulatory policies of China's interbank business.Based on the analysis of the development of commercial banks,this paper will focus on macro and micro level from the two sides,and offer an empirical test about the commercial banks on the development of the positive benefits of interbank business development.The main conclusions of this paper are as follows: First,the development of commercial banks in the interbank business,with its positive benefits.The development of interbank business norms,at the macro level can effectively improve the efficiency of the allocation of social resources,improve the efficiency of currency creation,and promote the interest rate market reform,at the micro level is the bank to respond to market changes,promote business strategy transformation and improve their own operating profit.Second,based on the vector autoregressive model(VAR model),the empirical study on the interbank business and social credit scale of commercial banks shows that the development of its interbank assets business is conducive to the promotion of social credit scale,whether it is large-scale banks,commercial banks or rural commercial banks of the growth,and the interbank business after the implementation of this trend is more strengthened.This is from the empirical point of view to support the real economic is conducive to the operation of the real economy point of view.Thirdly,based on the fixed effect panel regression model,the empirical study on the interbank business and the net profit of the commercial banks shows that under all the bank samples,the interbank scale,the interbank assets and the interbank liabilities have a significant positive impact on the net profit of the bank.In the case of large and joint-stock banks in the country,the interbank scale and interbank assets have a significant positive impact on the net operating profit of the banks,and the interbank liabilities have no significant effect on the net profit of the banks.In the case of urban commercial banks,the interbank scale and interbank liabilities have a significant positive impact on the net profit of the bank,and the interbank assets have no significant effect on the bank profit.This proves from the empirical point of view at the micro level of the interbank business is conducive to commercial banks operating profitability.On the basis of the above conclusions,this paper puts forward the proposal of five aspects: First,take the initiative to adjust the strategy and strengthen the development orientation and organizational structure of the interbank business.Second,follow the market trend,vigorously develop the industry debt business.Third,to enhance the management level,and actively expand their business assets.Fourth,the integration of product resources,accelerate the construction of peer platform.Five is to consolidate the basic work,and effectively strengthen the management of various risks.