Research On The Internal Fund Transfer Pricing,Operation And Merger Efficiency Of Chinese Commercial Banks

Since the reform and opening up,China government and financial industry management department attaches great importance to the financial work and financial security,the development of China's financial industry has made great achievements,has become an important tool for financial resource allocation and macro-control.With the deepening of financial reform,financial system,financial market,financial supervision and regulation system is increasingly perfect,financial strength has been greatly enhanced,China has become the world's important financial power,financial transactions,media play important function of resource allocation,found the price and risk management,the financial system has become the important foundation of social economic system in the development of the relationship between economic and social development.In such a situation and the background,the Central Committee of the party,the State Council and the financial sector supervision depafrtments recently released a strong signal many times,proposed to attach great importance to the prevention and control of financial risks.In April 27th,the Central Political Bureau organized a nationwide financial work conference in Beijing on from July 14th to 15th,with a special collective study to safeguard the country's financial security.As an important part of the financial industry,China's commercial banks in the service of the national economic development and optimize the structure of financial market,improve the efficiency of capital allocation,to guard against potential financial risks,plays an important role in safeguarding national financial security.But should bear important responsibilities and commercial banks in the financial system and the economic and social development of the commercial bank management in China there is a great improvement in space,management mode,management idea and risk aversion etc.there is a long way to go.There are still some urgent problems to be solved in the effective management,operational efficiency calculation,evaluation and promotion of the global development strategy of China's commercial banks.First,the internal capital management of commercial bank in China is not completely out of the extensive mode of assessment of the separation,absorbing and lending by departments and traditional traffic,even some large state-owned commercial banks set up a special fund management center and other similar institutions introduce fund management mode of internal,but for fund management and branch branch and scheduling are far from effective management,dynamic capital operation.In the background of establishing performance appraisal system,how to accurately measure the degree of contribution to each department,each business of banks overall efficiency,effectively avoid risks interest rate market fluctuations,according to market changes and make timely adjustments to the price of funds,improve operational efficiency and competitiveness of banks.Second August 2017,the general office of the State Council issued the "notice"on further guidance and guidance to regulate foreign investment direction,clear restrictions on real estate,hotel,cinema,entertainment,sports clubs and other overseas investment.But these years has formed some domestic cross industry,cross market,cross regional and cross-border "giant",both control and industrial control of commercial banks and other financial institutions,under the guise of capital operation,the combination,wantonly speculative acquisitions,both grab huge economic profits,and with regulators and senior the collusion caused serious economic losses and political threat to the country.This is by no means the short-term behavior of individual enterprises,seriously affecting the country's financial security and long-term stability.How can commercial bank funds meet the needs of national financial security and macro-control policies from the aspects of absorption,examination and approval,circulation and subsequent use supervision?.In third,the expansion of financial openness,foreign banks have entered the domestic financial market,ICBC,Chinese banks and some other large state-owned commercial banks in an effort to improve operational efficiency,promote the intermediary business product pricing ability at the same time,the global strategy development and implementation of timely development,and actively explore overseas business,through the establishment of overseas branch institutions and local bank mergers and acquisitions and other ways to carry out business,business efficiency and measure the efficiency of bank mergers and acquisitions is always the focus of the industry.In the context of economic globalization,is it necessary for banks to "go out" strategy?In order to analyze and answer these questions,we should blame the commercial banks for their own,which mainly involves how to explore the reform of funds management mode,measure the efficiency of capital operation and avoid potential risks.In this paper,the efficiency of China's commercial banking system as the research object,systematic analysis of the present stage of China's commercial banks to establish the internal funds transfer pricing(Funds Transfer,Pricing,FTP)system,the pricing model and the method of combing the internal funds pricing concept,transfer,a new measure of internal funds transfer pricing efficiency.The internal funds transfer pricing model and its biggest advantage is that through certain rules in the internal funds centers of commercial banks and business unit full paid transfer of funds,plays a significant role in promoting the concentration of commercial bank interest rate risk management and operational efficiency of the financial product pricing and optimization of commercial banks,commercial banks can make the pricing of products gradually from the head office managers transferred to the Department of policy makers.This mechanism provides an effective path for the efficiency of commercial banks to enhance the efficiency of commercial bank system,the establishment of advanced and mature,has important practical significance for the healthy development of China's commercial banks and enhance core competitiveness.On this basis,motivation and mechanism of pricing system of China's commercial banks internal funds transfer into market interest rate reform analysis,combined with the status quo of internal capital management of commercial banks in China commercial banks,in comparison with the basis of mature market economy countries from Europe and the United States and relevant experience of the bank management system,construction.