Study On International Capital Flowing And The Vulnerability Of Commercial Bank System

The commercial bank system has the intrinsic vulnerability;this is decided by the bank high debt management characteristic. About the commercial bank vulnerable theory, we may trace back to economist Marx, Marshall and Keynes and so on. Minsky analyzed from the bank credit characteristic and the economical cyclical angle. J.A. Kregel used "the security boundary" the theory to carry on the supplement to Minsky's vulnerable theory. After them very many scholars have carried on the exploration and the explanation from other angles to the commercial bank vulnerability.International capital movement frequently gives the various countries' domestic finance system to bring a series of changes;at the same time, involves the circulation of capital economical finance crisis also repeatedly to occur. International capital movement strengthened country domestic bank system vulnerability. International capital movement enables the credit morals risk model, which the internal commerce bank system faces to change, correspondingly bank credit risk increase. Moreover, the capital massive inflows increased the domestic money supply, then has affected the exchange rate and the interest rate stability, thus the bank faces market risk and so on exchange rate interest rate increased. Circulation of capital also directly affected the bank property debt table, the bank foreign asset increased, exterior financial environment influence very big. In different exchange rate system, circulation of capital has the difference influence to the commercial bank system. The measurement analysis indicated that, our country international capital movement does not like the theoretical analysis, this mainly is because our country practices the strict capital control system and the in-between exchange rate system, moreover, the state-owned commercial bank occupies the main body status also is one of reasons. The capital project is open and the state-owned commercial bank reforms all is inevitable, our country commercial bank system vulnerability can come under the circulation of capital more and more many influences inevitably. Therefore, we must from state-owned commercial bank own reform, the bank manage the external environment the strengthening and obtain to the short-term international circulating capital risk guard, reduces the influence of circulation of capital to our country commercial bank system vulnerable.