Research On Business Transformation And Credit Risk Of Commercial Banks In New Period Of China

Commercial banks play an extremely important role in the financial market and are an important factor supporting financial and economic development.The risk of a commercial bank is first of all credit risk issues.Not only for a commercial bank,but also for the entire economic and financial system,it is a major issue worthy of close attention for the whole society.Far from that,from the U.S.Sub-prime crisis in 2008 to the crisis in Dubai and Greece in 2009,we can see the consequences of a country's bank credit risk accumulation.From the perspective of the domestic economic operation and development environment,in the past few years after the current international financial crisis,China's potential economic growth rate has started to decline significantly.At the same time,China's financial technology has become increasingly active and has developed rapidly,which is greatly changing.People's lives also pose challenges to financial institutions,especially commercial banks.China's economy is entering a new period.In this new period,the credit risk of commercial banks will become more complicated and severe.Revealing the complexity and severity of this bank's credit risk is an important research topic in China.Chapter 2 defines and analyzes China's new economic normal and its characteristics from the two starting points of the economic new normal and Fintech,and sorts out and reviews the Fintech and its characteristics and the development history of Fintech.Chapter 3 first analyzes the financial environment under the constraints of the new normal of our economy in the new period.It mainly analyzes theoretically from four aspects: interest rate liberalization,financial institution mixed operation,high financial leverage,and macro-prudential supervision of financial supervision.Next,from the combination of theory and practice,this paper discusses the business transformation of commercial banks under the constraints of financial science and technology in the new era,reveals the historical inevitability of commercial banks to vigorously achieve business transformation,and discusses the characteristics,objectives and specific types of business transformation of commercial banks.Chapter 4 analyzes the credit risk after the commercial bank's business transformation.It analyzes the direct and indirect paths of credit risk in detail.The direct path of credit risk includes interest rate marketization and bank credit risk,consumer credit business and bank credit risk,inclusive financial business and bank credit risk;the indirect path of credit risk includes credit risk caused by interest rate risk,credit risk caused by operational risk,and liquidity risk cause credit risk.Chapters 5 and 6 analyzes the direct path of credit risk after the transformation of commercial banks,including interest rate liberalization and bank credit risk,bank consumer credit business and bank credit risk,and bank inclusive financial business and bank credit risk,or the mechanism conducts empirical analysis,and draws the conclusion that with the realization of interest rate liberalization and the expansion of the scale of commercial banks' consumer credit business and inclusive financial business,the credit risk of commercial banks is increasing.Chapters 7,8 and 9 conduct an empirical analysis of the three indirect paths of credit risk after the transformation of commercial banks,including interest rate risk-induced credit risk,operational risk-induced credit risk,and liquidity risk-induced credit risk.The conclusion is that after the transformation,the credit risk of commercial banks is positively related to interest rate risk,operational risk and liquidity risk.The greater the commercial bank's interest rate risk,operational risk and liquidity risk,the greater the credit risk.Finally,Chapter 10 puts forward some countermeasures and suggestions from the government level,insurance company level,and commercial bank level based on the research conclusions.