Research On The Impact And Countermeasures Of The Financial Disintermediation On The Revenue Structure Of Listed Commercial Banks In China

Financial disintermediation, also known as financial disintermediation refers to money demand and supply side bypass represented by bank intermediary institutions directly to the accommodation of funds. Financial disintermediation in related to the economic development level, the United States as a representative of the economically developed countries happens first. Such as free trade zone in Shanghai in recent years our country interest rate marketization speed trial officially adopted the marketization of interest rate and deposit insurance system, the third plenary session of the 18 report put forward to establish a multi-level capital market in 2020, raising the proportion of direct financing, in recent years, the Internet finance, under the background of the rise of shadow banking, financial disintermediation effect in our country began to emerge. The effects of the prosperity of the capital market is disintermediation now as more and more obvious. And Banks at the core of our economic, financial, to master the absolute amount of savings and loan funds, disintermediation deepening will impact to the traditional business of commercial bank income, commercial Banks must also positive the impact, adjust the income structure as early as possible. So deep research to take off the media’s influence on the income structure of commercial bank has the very strong practical significance and economic significance.In this paper, according to the theory of financial intermediary and financial innovation theory as the theoretical basis, 16 listed Banks as sample, the integrated use of a variety of statistical analysis methods, respectively from the financial disintermediation, background and reasons of the current situation and trend, combined with the general situation of the income structure of commercial Banks in China were analyzed from theoretical and empirical check financial disintermediation influence on our country commercial bank income structure, and combined with the United States after the financial disintermediation of commercial Banks to put forward the countermeasures to deal with our country commercial bank financial disintermediation.First, this paper defined financial disintermediation is defined, analyses the background and causes, disintermediation causes a long-term financial repression, with the deepening of financial reform, developing potential release; At the same time, rapid economic development brings a surge of residents’ wealth; And residents’ awareness of investment has created a change; And the innovation of information technology, make the deal is simple. At the same time describes the manifestation of disintermediation. Then analyses the measuring index of the disintermediation, points the main indicators and other indicators, and in this paper, the empirical use of index for later scholars in the main index on the basis of perfecting non-financial indicators after department of bank assets(debt) intermediary ratio, and the trend analysis. Then define the listed commercial Banks income structure is divided into interest income and non-interest income, and then analyzes the situation and change tendency. Then theoretically analyzes the financial disintermediation effect on the interest income and non-interest income approach and income structure in disintermediation trend under the influence of the change, the goeldi points, internal and external factors analyzed other factors affecting income structure. Finally, on top of this, 16 listed Banks can be divided into five large state-owned Banks and joint-stock Banks, 11 in non-interest income ratio and interest income proportion respectively as the dependent variable, disintermediation indicators as independent variables, the internal and external factors influencing the income structure of other as control variables, the empirical analysis, prove disintermediation really made an impact on our country commercial bank income structure, using the experience of American commercial Banks to cope with disintermediation strategy combining the reality of our country put forward the suggestion that our country commercial bank to cope with disintermediation.