A Research On Market Risk Management Of Commercial Banks In China

Commercial Banks is an important part of the financial system and the central bank monetary policy transmission mechanism of the important link, risk management ability is the core competitive power of the commercial banks, commercial bank risk management ability directly affect the existence and development of the commercial bank, the commercial bank market risk management has become one of the important financial subject. After1980’s, with the commercial bank management control of relaxation and by separate operation to mixes industry the management transformation, interest rate control continuously relax, financial competition, market risk is protruding out, commercial banks gradually realize the severity and dangers. In the early s, with China’s accession to the world trade organization, financial markets more open up, especially after2006years, our country commercial bank more to participate in international banking competition, bring more opportunities at the same time also get into challenges. First, commercial bank middle business and form develop far away, the financial product diversification of the rich commercial bank source of income, increase risk in the commercial banks management, and brought the market risk into non-traditional kind account of commercial banks. Second, the domestic market process further, interest rate marketization deepened step by step, exchange rate mechanism reform is increasingly perfect, make commercial bank account and the traditional transaction account are facing market fluctuations caused by the breach of the loan losses. Financial derivatives continue to innovate and bank business continues to expand, bring huge profits for the banks, also led to significant financial risk. Market risk management increasingly becomes nuclear link of the modern commercial bank of risk management.This paper is based on finance, economics and economic metrology and other professional knowledge, combined with the business bank of our country market risk management theory of practice, the theoretical analysis and empirical analysis, comparative analysis, the qualitative and quantitative analysis of the method of combining the business bank of our country market risk management for research. This article through the market risk management related theory and measurement method of the research of our country’s commercial bank market risk management carries on the comprehensive analysis, it has important theoretical significance to establish the business bank of our country market risk management system; At the same time, research the market risk management measures and measuring tools, to strengthen the competitiveness of the commercial banks in China, ensuring the healthy operation of China’s financial system has important practical significance. Based on the business bank of our country market risk management as the research object, reading in a large number of literature retrieval, studying reference value theory and method, describing on the basis of China’s commercial banks market risk and market risk management concepts of the research results, according to research production of the predecessor, analysis the reasons of the business bank of our country market risk management; Based on the western national commercial bank market risk management, comparing the calculation methods of VaR, and determined to use quantile regression, choose Shanghai interbank loan interest rates (SHIBOR) as samples, collection the data, use of interest rate risk Eviews quantitative analysis. Finally, in the theoretical analysis and empirical analysis in this paper, on the basis of problems and causes of commercial banks in China, put forward and discussion the perfect suggestions and countermeasures of commercial banks in China market risk management.