The Study On Efficiency Of Chinese Commercial Banking Merger

Since the 1990s, the bank M&A tides are more higher and higher. With the adjustment of the global economic structure and the development of economies, the M&A have been used as the main development strategy for a long time. Under this background, whether bank merger can bring efficiency becomes an important topic in academic community. For the sake of survival in the severe competition, China also joins into this practice in recent years. But for some characteristics of our own, bank mergers in China have some differences from Western countries, so the analysis is more complex and the study in this field become necessary. In a word, I hope this paper can conduct the coming bank M&A.Combining theory with practice, this paper studies on Chinese commercial bank M&A efficiency. Firstly, important conceptions are defined, the difference between the conception of the M&A in bank industry and the M&A among banks are distinguished, the types and forms of the M&A among banks are also illustrated, then, mail theories suited for the bank M&A are illustrated concretely. In a word, there are lots of study literatures on this theme. However, they also get kinds of different conclusion, especially on the practical study field of the efficiencies of bank M&A. To sum up, there are two different conclusions: bank M&A gets efficiencies and bank M&A gets no efficiencies. However, even though the scholars holding the idea that bank M&A gets efficiencies also do not come into the clear positive conclusion. Secondly, the author summarizes the results evaluation method and model. Then the paper studies a commercial bank M&A case. In order to make the result of the analysis more objective and comprehensive, the paper uses two methods, including financial rate analysis and factor analysis. The result of the empirical analysis shows that bank' s efficiency decreased after M&A, although it improved a little after several years. Finally this paper put forward some advices according to the empirical study in order to improving the bank M&A efficiency.This paper takes empirical analysis by taking the qualitative method and quantitative method, makes scientific evaluation to the banking mergers, and finds some shortage of the banking mergers, it has important significance for the banking mergers in our country.