The Real Diagnosis Research Of Interest Rate Undulation Manages The Influence To The Commercial Bank

This paper studies fluctuations in interest rates and commercial banks operating performance relations. Economic globalization is an inevitable trend of history. In this inevitable trend, China's financial sector to gradually converging with the world, Interest rate system gradually from excessive interest rates to control free interest rate system, The marketization of interest rates as the current hot topic. Commercial banks, the central bank for the financial macro policies, under the title of the deposit and lending market customers, as these sensitive financial hub functions of the financial organizations, definitely influenced by interest rate volatility role, operators have been affected to some. China is in full opening of its financial market restructuring, a comprehensive presence of foreign banks in China, the development of market-oriented interest rates, simply borrowing Western countries had used financial theory to guide commercial banks to operate, In reality we can not solve the problems encountered, because Western countries scholars interest rates and commercial banks operating performance, They are based on the complete development of a market-oriented interest rate for a very long time on the basis of this and the realities of the country are inconsistent. However, the inspection of commercial banks operating performance appraisal standards, and we should learn from and draw on. Therefore, in this paper, the Western countries on the choice of checking on the commercial banks operating performance criteria, we combine the specific circumstances of developing countries, and proceeded to put forward for the developing countries during the period of reform of the financial theory then continually perfected to guide our actual work, it is of practical significance. The main conclusions and policy measures are as follows:①Basic conclusionsIn this paper, the EVA model, the capital of commercial banks EVA performance appraisal value, subject to capital, profits, bad debt (instead of risk) three common activity. Fluctuations in interest rates on these three aspects of the linear correlation between fluctuations in interest rates on the value of EVA, but it are positive and negative are possible. After Empirical Analysis of the following conclusions.1) Scale commercial bank's capital by interest rate volatility significantly. The capital of commercial banks scale, affected by macroeconomic interest rates rose conditions, units of capital to create value on the reduction in the total capital of commercial banks of the relative growth rate will slow down. In contrast to the decline in interest rates, capital units to create proliferation on the increase the total capital of commercial banks of the relative growth rate will accelerate.2) The net profit of commercial banks with a high degree of interest rate volatility negatively correlated. The net profit of commercial banks mainly depend on interest income as interest rates raised conditions, Commercial banks will increase the cost of funds, commercial banks so that the net value reduction. In contrast to the decline in interest rates, commercial banks will lower the cost of capital, thereby enabling commercial banks to increase net worth.3) Significant fluctuations in interest rates affect the scale of commercial bank bad debt. With the rise in interest rates, the opportunity cost of lending will expand, resulting in the bank bad debt ratio will rise; with the decline in interest rates, the opportunity cost of the loan will reduce, resulting in the bank bad debt ratio will decline.4) Fluctuations in interest rates affect the performance of commercial banks. Interest rate volatility, the better the EVA by the negative impact will be greater; the more stable interest rate volatility, EVA value by the impact of interest rate fluctuations will become. Interest rate fluctuations in amplitude and frequency, determining the interest rate term structure of the complex, so that the operation of commercial banks and the impact test. With the liberalization of interest rates for foreign currencies and RMB interest rate reform steadily, financial market supply and demand to the level of interest rates will continue to increase. And the frequency of rate volatility could rise. Volatility of the interest rate increase in China's financial market impact of the allocation of funds, bound for China's commercial banks have a significant business impact.②Policies and measures1) For the reform of commercial banks to establish a favorable macroeconomic environment. The current interest rate market-oriented development is an inevitable trend, the inevitable fluctuations in interest rates. As the macro-control in-depth, independent economic growth enhanced vitality. NPC and financial supervision departments must quickly right before regulations under the amended and the need for new regulations, pay attention to the corresponding risk indicators monitoring system and to adapt to commercial banks to changes in the business environment, interest rate risk and prevent financial risk of changes in derivatives.2) Establish a market-oriented interest rate of commercial banks internal mechanism. Internal mechanisms include the price mechanism, asset liability management mechanism, the interest rate management, risk control mechanisms financial product innovation mechanism. These five complementary aspects, the common components of commercial banks operating in the internal mechanisms that only a comprehensive and balanced development to establish the current macroeconomic situation of the commercial banking business model.3) Establish a people-oriented corporate culture based. A people-centered approach is modern commercial banks in the management of the essence. China's increasingly market-oriented interest rates and China's commercial banks to the international advanced level of the commercial banks goal of the background, This is tantamount to gradually nurture and establish a master and flexible use of modern risk management techniques and methods of quality control interest rates Jimmy teams.4) Prevention of the risk of interest rate fluctuation mechanism. To the interest rate risk management at the core and build modern and efficient interest rate management mechanism. Interest rate risk management should become the assets and liabilities of commercial banks manage one of the core elements. All commercial banks should establish a scientific and effective management mechanism of modern interest rates, to calmly face of the market-oriented interest rates, In order to avoid market-oriented interest rates because of their own lack of preparation put into a passive position.