The Research Of Chinese Listed Banks Refinancing Under The Captital Constraint

Capital is the foundation of the bank for all activities. When all sorts of measures to prevent risks are failure, Capital constitutes the risk of last defense line for commercial banks. Commercial Banks capital adequacy indirectly influence virtuous circle of management and stability of financial order and economic. Financing is important; because of funds is important role in the process of commercial bank management and the socio-economic. Under the market economy any production starts from capital; commercial banks operating in money is still monetary for the first drive; capital is the basis of commercial bank management.With the end of Chinese WTO transition period, financial reform open up to the further development. Chinese banking faces the challenge of participating in international competition and to the objective needs of international operations. In the capital regulatory China accelerate the pace with international standards. Chinese Banking Regulatory Commission (CBRC) comprehensive adopts supervision framework of Basel Accord and New Basel Accord, in March 2004 promulgated the supervision method of Commercial Capital Adequacy. Since then, Chinese banking began to the stage of the capital constraints supervision in normative significance. On financial markets which is continuously open to the outside, there is a deviation in capital supply and demand in some extent, financing situation of Chinese commercial banks is not optimistic. Due to the bank are the institutions which manage currency funds with high debt, high-risk characteristics, if the economic crisis happens in the bank, the destructive is quite dramatic. Therefore, it is very necessary to improve our listed bank refinancing capability and ensure its highly efficient service for the economic order.In this paper, the concept of listed companies refinancing endue the concept of bank refinancing, and listed bank financing problems carry out a systematic study from overall. Through the combination of theoretical and empirical to compare and analyze, analyze the status of listed banks refinancing and its impact on economic development, compare variety refinancing methods of the listed Banks through capital market. The conclusion is that listed Banks refinancing is not optimistic on financial markets which is continuously open to the outside. Therefore, it must be broaden the financing channels, promote diversification of funding sources and increase growth point of profit in the management development process to adapt the needs of economic development better and play real effect of financial institutions for economic services.