Research On Asset And Liability Management Of Commercial Bank In China

Asset and liability management (ALM) plays an important role in the management ofcommercial banks, represents the international advanced level of commercial bankmanagement. ALM is a method of commercial banks to coordinate the various businesses inorder to achieve the established business objectives. Our country has implemented the ALMin an all-round way since1994. After decades of development, the management of assets andliabilities has extended from the simple proportion management to the balance sheetmanagement. The level of asset liability management of commercial banks has been greatlyimproved with great innovation has made in theory and practice. However, the globalfinancial crisis in2007made ALM exposed a series of problems and defects. After thefinancial crisis, ALM in Chinese commercial banks faces severe challenges with the complexeconomic environment and interest rate liberalization. On the one hand, profits of commercialbanks in China rely heavily on interest rate differential. On the other hand, operation andmanagement of commercial banks in China has been in a favorable regulatory environment.With the deepening of the reform of interest rate liberalization, the competition is fierceenough among banking industry in the future. Then promoting the transformation of the ALMand improving the efficiency of the ALM become an inevitable choice for commercial banksto improve the core competitiveness.First of all,this thesis reviews the development of the ALM theories in westerncommercial banks and discusses the methods of the ALM in modern commercial banks;Secondly, this thesis describes the history of the ALM in Chinese commercial banks, and thisthesis depth analysis the status in three angles from the total amount and structure of Chinesecommercial bank assets and liabilities; Thirdly, taking the NIM indicators as the core and theROA indicators as a preventative step to investigating the ALM efficiency of Chinesecommercial banks; Then, putting forward existing problems in the present base on previousarticle analyzes, these problems mainly include stricter financial regulation lead to lack offinancial innovation, commercial bank did not pay enough attention on the ALM, single management method, the asset-liability structure is irrational and the innovation capability ofthe ALM needs to be improved, etc; Finally, in view of above questions, this thesis putforward a series of proposals on the ALM from the regulation, deepening the reform ofinterest rate liberalization, organizational framework of asset and liability management forChinese commercial banks, the structure of assets and liabilities.