An Empirical Study On Interest Rate Risks Of China 's Commercial Banks In The Process Of Interest Rate Marketization

Since China’s reform and opening up, with China’s economic and financial system reform continued to deepen, the market-oriented interest rate reform process gradually speed up. Along with the advancement of marketization of interest rate, interest rate level it is difficult to predict the change of amplitude and frequency. The uncertainty of interest rate changes make interest rate risk commercial Banks face more and more prominent. Therefore, the interest rate risk will become the main risks of commercial Banks in China.This article is based on the background of interest rate marketization in China, in comparison, on the basis of the western commercial bank interest rate risk measurement, research the change of our country commercial bank interest rate risk characteristic and risk prevention. Full text first reviewed all the process of market-oriented interest rate reform in our country; Second, the types of interest rate risk of commercial Banks in China are facing, and discuss several relevant international commercial Banks to guard against interest rate risk measurement model; Again, in 2010 to 2013, the data of 16 listed commercial Banks in China as samples, and on the basis of the asset size of 16 commercial Banks can be divided into different mass scale in commercial Banks, commercial Banks and small commercial Banks, using interest rate sensitive gap model and the sensitivity of pressure test, commercial bank interest rate risk indexes of related empirical, and further concludes 16 listed commercial Banks to guard against the general problems arising in the process of interest rate risk. Finally, this article research conclusion and puts forward relevant policy Suggestions.Through the empirical analysis shows that the different sizes of the ability of managing interest rate risk in commercial Banks exist obvious differences, the small and medium-sized commercial Banks on the assets and liabilities structure adjustment of flexibility, compared with the large Banks have obvious advantages; Most serious imbalance, long-term commercial bank assets and liabilities matching face a greater risk of long-term interest rates; When the asymmetric change of deposit and lending rates, commercial Banks may face a bigger risk, more under the condition of the western commercial bank interest rate marketization of interest rate risk management, though China’s commercial Banks has been paid attention to the management of interest rate risk, but its ability to manage is still a lot of problems. Therefore, commercial Banks should be based on the experience of western commercial Banks, building effective interest rate risk prevention system, internal create a good external environment of interest rate risk management, improve the ability of managing interest rate risk.