China's Large Commercial Banks To Intermediary Business Development Of The Empirical Analysis

Intermediate business of commercial banks is that the table does not constitute a commercial bank assets and liabilities, and the formation of bank non-interest income business. With financial globalization, financial liberalization, financial information trends in the development of an increasingly competitive financial markets, the traditional business of commercial banks, sources of income-interest income greatly reduced. The intermediate business of the commercial banks, not only for its low risk, low cost, high yield to become commercial banks'an important way to increase profits, but also played a customer service, contact the customer, stable customers, and business development for the traditional role of assets and liabilities, Obviously the intermediate business has gradually become one of the core business of commercial banks. With the continued presence of foreign banks,intensified competition among banks,China commercial banks, especially large-sized commercial banks, to the significance of intermediary business development is particularly important.This article uses the theory and practice, a combination of qualitative and quantitative research methods. First, an overview of the concept of intermediary business, classification, basic properties, and on this basis leads to the theoretical background of intermediary business development, points out the theory of these financial business innovation development of intermediary business of commercial banks has practical significance. Secondly, a more systematic study of large-sized commercial banks in China the development of intermediary business. Again, large-sized commercial banks by summarizing the development of intermediary business theory and practice, the use of time series and panel data analysis, selected large-sized commercial banks affect the development of intermediary business empirical analysis of some factors, there is gross domestic product, disposable income, total amount of direct financing, the average deposit and loan interest rate and money supply five macroeconomic variables and interest income, fixed assets, number of employees, operating expenses, non-performing loan ratio of five micro-economic variables that affect the business of large-sized commercial banks in the intermediary business development of an empirical analysis of factors. Finally, proposed the development of intermediary business of large-sized commercial banks suggestions.From the empirical results can be seen among large-sized commercial banks intermediate business income has increased rapidly in China in recent years, but by the impact of macroeconomic and policy environment. Innovative mechanisms behind among large-sized commercial banks, innovative products less,Mainly the government guidance low value-added intermediary business, not able to give full play to the large-sized commercial banks in the deposit and loan business,fixed assets and human resources advantage,less efficient intermediary business conduct.From the empirical results of this article, strategy to speed up the development of intermediary business from the external environment and internal mechanisms of the large-sized commercial banks.With the domestic macroeconomic and financial market development, the implementation of large-sized commercial banks to intermediate business transformation has create a good external environment, large-sized commercial banks in China should seize the opportunity to actively promote a customer-centric,product design, pricing, service mechanism and risk management in the intermediary business, institutional innovation and transformation, which is conductive not only to play a large-sized commercial bank loans and deposits in the leading role of the intermediary business, improve resource allocation efficiency, accelerate the achievement of economies of scale and economies of scope, you can further diversify operating risks, to avoid vicious competition of low-level, to promote the domestic banking market development healthy.