The Development Of Commercial Bank Of Our Country As Viewed From Vicissitude Of Financial Structure

The problem of the development of commercial bank is on thebackground of the great vicissitude of financial structure since1970's. With the emerging of financial market and Non-bank financialinstitution, the traditional commercial bank operating on the corebusiness of deposit&loan gradually lost its position of monopoly infinancial structure. How to develop commercial bank in the vicissitudeof financial structure becomes an important theoretical and practicalproblem. Over the last twenty years more since the reform and open, ahistoric vicissitude has taken place in our country's financial structure,and the traditional commercial bank of our country is confronted withmore and more challenge because of the speedy development offinancial market and Non-bank financial institution, therefore, thedevelopment of domestic commercial bank is also the problem to betackled. On the developmental prospect of commercial bank, the view-points in the circle of financial theory can be come down to the "debateof bank and market". This paper attempts to explore the problem asviewed from vicissitude of financial structure. This paper argues that themain trend of financial structure is financial intermediaries becomemore and more dominant, and the dynamic reason of vicissitude offinancial structure can be generalized into "compelling of government"and "inducing of market". Although the longtime monopolistic positionof commercial bank is fading away, deregulation expands the power ofbank, and the commercial bank whose function transformed is still beingthe core of financial structure. Since the reform and open, the force of government compels thevicissitude of financial structure of our country, and accelerates theprocess to market of finance of our country, but, the financial structure 2of our country is still the backward financial structure dominated by thetraditional commercial bank, and this backward financial structure is anunbalanced structure and restricts the development of commercial bank.So, it is the necessary choice to adjust financial structure to acceleratethe development of commercial bank of our country through the innerincentive motivity and the outside competitive press.