The Interest Rate Market Research, The Coping Strategies Of The Commercial Banks

Interest rate liberalization means gradually release the restriction on interest rate, and let the interest rate be decided by the financial market. The purpose of liberalization interest rate is to boost the economy and finance. With China's joint with the WTO, the liberalization of interest rate is imperative under such situation. Compared with foreign commercial banks, the control and the countermeasures of the interest rate risk of local banks are still in a preliminary stage because our local banks operate in an environment in which interest rate has long been controlled. So the study of the impact of interest rate liberalization to the commercial banks and its countermeasures has not only the theoretical meanings but also important practical value.This dissertation contains four parts.The first part introduced the definition of interest rate liberalization and its theoretic foundation. With the study of reform of interest rate liberalization in the United States, Japan, Korea and Chili, it summarized some suggestion that is of meaning to the reform of Chinese interest rate liberalization.The second part proved the necessity of the reform of Chinese interest rate liberalization. Then, it illustrated the feasibility and analyzed the trend of Chinese fostering reform of interest rate liberalization.The third part illuminated the opportunities and challenges that our banks will meet under the reforming surroundings. In the long run, interest rate liberalization will strengthen the reform of financial system, promote the management efficiency of commercial banks, and improve the competitions atmosphere of financial marketing. But for the time being, it will have negative impact on the operating performance, risk management and revenue quality ofChinese commercial banks.The fourth part is the focus of this dissertation. It is mainly concerned with solutions such as: furthering reform of banking system, fostering the establishment of risk management system of interest rate, vigorously developing intermediate business, increasing the quality of commercial banks and strengthening composite competition capacity.In all, the reform of interest rate liberalization is a strategically important, macro and comprehensive resolution. Only through thoroughly studying of reaction and making of corresponding strategy, our commercial banks could succeed in the competition.