Research On The Loan Pricing Of Z Group’s Finance Company Under The Interest Rate Liberalization

In September 2012, People’s Bank of China(PBC) officially raised the idea of steadily pushing forward the reform of Interest Rate Liberalization. In October 24, 2015, PBC announced the 5th cut in interest rate, marking the Interest Rate Liberalization in our country is basically finished. In our country, the corporate group finance company is a special kind of non-bank financial institutions. Unlike commercial banks, loan pricing needs to combine both the actual situation of member companies as well as carrying out the group policies.This thesis focuses on the difficulties faced by corporate finance companies with loan pricing. On the basis of numerous literature papers research, the author refers to an actual case study of Company Z, understanding its existing problems with loan pricing, building specific models in response to those problems and making relevant recommendations for improvements and undertaking application analysis.There is limited research result on the subject of finance companies’ independent pricing, finance companies in the past year started to realize the urgent need to change their loan pricing method and put it into practice. Therefore, this topic is more innovative and combined with the agenda of "to create a suitable monetary and financial environment for supply-side structural reforms" under the current economic development situation, which has a strong sense of application. Through case studies, this paper focuses on the construction of "loan differentiated pricing model as the core, with the relevant measures to improve" system reform, the model combined with unique characteristics of finance companies, to improve company’s overall financial management.This paper aims to lead the way in the initially stage of this discussion. The author attempts to contribute some ideas in relation to finance companies’ loan pricing journey, to make the finance companies more dynamic in today’s extremely competitive environment, to achieve better scientific management and the co-existences of profitability and security.