Study On The Mismatch Risk Of Commercial Bank 's Financial Products

As an important innovation of the banking business, the banking financial business has achieved great development, and its scale is gradually expanding. In 2013, the remaining sum of national bank financial products amounted to more than 10 trillion yuan for the first time, its assets scale is also over than the fund, trust, securities and insurance industry. But with the vigorous development of the financial market at the same time, because of its innovative and impact to the traditional business, the relevant risks will be revealed.Throughout China’s banking financial market, financial products are mostly ultrashort term and short-term products, due to the lack of customer orientation, leading to bank financial maturity mismatch, low information transparency and homogeneity problems. The bank through the financial maturity mismatch to raise money and use money, this way will be ok when in the stable economic growth situation, the convenience of raising money will cover the facts of mismatch, and the risk will be covered. But when the economic growth is lack of power, mismatch will lead to lack of liquidity, which will transfer all risks to the front from behind the scenes, also amplify the operational risks of banks.There’s a relationship between the maturity mismatch of bank financial products and the operate mode of banks use. The "cash pool- asset pool" mode is the way which China’s commercial banks to carry out financial products operation generally taken. The term of our country banking financial products is mainly short-term, but the allocation of assets in the pool of assets are medium and long term, and the vast majority of "asset pool" in the allocation of a certain scale of non-standard assets, the allocation ratio is generally from 20% to 30%. For the pool of long-term assets have a longer period, there is more uncertainties. Statistics show that, the average duration of financial products in China is about 100 days with an average duration of investment assets reached 8 months, the maturity mismatch phenomenon is obvious. With the dual pressure of short-term funds raise and short-term product payment accumulation, the risk of the mismatch of bank’s financial products will be revealed.In this paper, based on the theoretical research and discuss, after reviewing the development of the bank’s financial products, analysis of the current situation the main mode of operation, the capital investment and term structure of the financing products development of commercial banks in our country, analysis of the risk of financial products maturity mismatch, discusses the causes of the maturity mismatch. This paper introduces a bank case to show the characteristics and term structure of bank financial products in our country, and analysis the risk of maturity mismatch. Through the introduction of advanced developed country banking financial products risk management and regulatory experience, combined with the current situation of China’s financial products, bring international experience for financial products. Finally, in order to prevent financial product maturity mismatch risks, this paper will have a discussion of business innovation and risk control, to promote the healthy development of financial products.