Research On Interest Risk Management Of Commercial Bank Based On Monetary Inovation

With the speeding process of the market-oriented interest rate reform, there are more and more frequent interest rate adjustments. Uncertainty of changes in interest rate has brought unprecedented difficulties to the risk management of commercial banks, and interest rate risk has posed a major threat to the safety of commercial banks operating. Interest rate risk management has become the core of commercial bank operation and management. Through the analysis of the status quo of the commercial bank interest rate risk management, the thesis made comprehensive use of systems science, management, financial engineering, investment, statistical analysis, and other multi-discipline new knowledge, and built the overall risk management mechanism of commercial bank interest rates from the financial innovation point of view, aiming to provide a theoretical guidance of interest rate risk management and scientific decision-making of commercial banks .Taking interest rate risk management as the core, this thesis carried out an in-depth inquiry to the interest rate risk management of commercial banks from the perspective of financial innovation. In the structure of the arrangement of the article, introduction as the first part of the thesis explored the commercial banks interest rate risk management study of the situation at home and abroad, as well as theoretical study of existing problems and shortcomings. The second chapter focused on an analysis of the sensitivity characteristics of interest rate of assets and liabilities of commercial banks, and insighted into the inherent logic relation between financial innovation and interest rate risk. It proposed the strategic choice to the settlement of commercial bank interest rate risk management, and that is: financial innovation is an inevitable choice of the solution to the commercial bank interest rate risk management, and the fundamental way out for the of commercial banks interest rate risk management is financial innovation. Chapter III researched systematically the overall management mechanism of interest rate risk of commercial banks, that is, from the structure, technology, tools and market of the four aspects commercial banks, analysed the specific financial innovation path, and a specific strategy of interest rate risk management are given. It stressed that further analysis: Innovation is the financial system to resolve commercial bank interest rate risk management strategy initiatives; financial innovation is a rich commercial banks, interest rate risk management practices of the major means; innovative financial instruments is to improve the commercial bank interest rate risk management measures to the fundamental principles; Innovation is the financial markets to promote commercial bank interest rate risk management an important driving force for development. This chapter is the core of the thesis, by the empirical method of analysis of the financial innovations of commercial bank interest rate risk management of the value of a role, and analogy the gap in management, technology for a long time period, the duration gap, as well as the management of the characteristics of the VaR methodology. Chapter IV using factor analysis from the perspective of financial innovation system evaluation of China's commercial banks interest rate risk management, the actual level in the evaluation of the results of a comprehensive analysis on the basis of the commercial bank of China raised the interest rate risk management strategy and recommendations.The innovative point of this article includes: First, from the four aspects such as institutional, technical, marketing and tools, it raised the overall interest rate risk management mechanism of commercial banks; second, basing on the strategy of creating value, it explored financial innovation path of the commercial banks interest rate risk management ; third, it established evaluation index system of commercial bank interest rate risk management and took positive analysis by factor analysis .