Liberalization Of Interest Rate And Interest-raterisk Mamagement Of The Commercial Bank In China

Interest rates are the price of money and at the core of financial factors. With the constant deepening of the market-oriented reform of interest rates, the interest rates formation mechanism are undergoing fundamental changes .The increasing degree of liberalization about interest rates is going up day by day and interest rate fluctuations is obviously stronger. Studying the course of the market-oriented interest rates reform, we can find out that the liberation of interest rates of commercial banks arises of risk. The healthy and stable development of commercial banks in the market-oriented interest rates reform environment can not leave the effective interest- rate risk management. With China's sustained and stable developing, the market-oriented interest rate reform in China will have an all-round impact on commercial banks of management.In the course of market-oriented interest rates environment, our interest rate risk highlighted. China's commercial banks along with the development of the market-oriented interest rate reform, interest- rate risk management is paid more attention .To study the risk of interest -rate and the management of interest rate risk , to explore the interest -rate risk management techniques which is suitable for Chinese, to strengthen the commercial banks 's interest-rate risk management , and to actively adapt to the market-oriented interest -rate environment are important to a certain extent.This thesis analyses the reform of market-oriented interest rates, introduces the contents and the theory of the market-oriented interest-rates, and points out that the market-oriented interest- rate reform for China's commercial banks is not only an opportunity but also a challenge. The thesis outlines the market-oriented interest rate reform and analyses the interest- rate risk and interest rate risk management of the commercial bank. Studying the actual management of interest- rate risk shows inadequate of China's commercial banks. The interest rate- risk Management in Western countries has more than 30 years' development history and the interest rate risk management theory and techniques are advanced .Referring to the management of interest- rate risk of foreign countries and combining with the actual situation of the reform of interest- rate in China, to select the appropriate risk management techniques. In view of the process of market-oriented interest rates of the near-term, medium-term and long-term stage, the thesis gives different strategies.