Application Research On Commercial Bank Funds Transfer Pricing Application

Since entering the21st century, China’s financial industry into the high speed development, our country financial system reform continued to deepen, in addition to the influx of foreign Banks after the domestic banking industry competition intensifies, the market-oriented interest rate reform has been thorough, especially after entering the "twelfth five-year" accelerated interest rate liberalization, to commercial bank interest rate risk management put forward higher requirements. Domestic Banks from state-owned Banks to local commercial Banks are positive response, and set up funds transfer pricing mechanism is an important means of dealing with the interest rate risk of commercial bank management, also is the central theme of this paper.Based on the background of market-oriented interest rate reform, this paper briefly expounds the necessity and urgency of the commercial Banks to implement funds transfer pricing, then introduce the capital concept definition and theoretical basis of transfer pricing, and from the Angle of methodology in this paper, the implementation of transfer pricing critical path:pricing method and the construction of the yield curve.The focus of this paper is to select the X bank as the research object of fund transfer pricing, according to X bank survey, interviewing experts, collect relevant documents, from the pricing model, organization design, constructing a yield curve, adjust the settings, pricing methods, information system construction, the implementation difficulties in multiple angles analysis of X bank in the capital transfer pricing application, and before the fund management mode for comparative analysis, summarize the implementation of change funds transfer pricing brings to X bank.Finally, this article from the optimization of funds transfer pricing system and in-depth application of funds transfer pricing two aspects of the X bank funds transfer pricing optimization ideas and suggestions for improvement.