Commercial Bank Liquidity Factors Affecting Research Under The New Normal

In the Chinese economy into the "new normal" environment, financial environment is also increasingly liberalization, and China’s commercial Banks are beginning the new stage of development. However, they also face many unprecedented challenges and competitions at the same time, and the liquidity problem is the key point among them, to strengthen liquidity management and control is an important task of commercial bank management. In addition, among the domestic related literature researches, it is a few that analyses the commercial bank liquidity from the perspective of macro-micro. So, the article argues that it is necessary to base on the “new normal” to analyze the present situation and the influencing factors of our commercial banks, combined with micro-macro economic and financial status.First of all, the theoretical part of this article mainly defines the concept of “new normal” and the theory of bank liquidity management. Then use the statistical analysis method to analyze the present situation of our commercial banks’ liquidity, based on the related regulation index data. And discusses the changes of the financial environment on the influence of commercial Banks’ liquidity under the "new normal" background. An empirical analysis of the last part is mainly to analyze the influence factors of commercial banks.In the second and third part, the paper mainly to the following conclusions: First, the instability of commercial bank liquidity appeared gradually. Second, it’s difficult for China’s Banks to maintain the high liquidity continuously; In the empirical analysis part, the paper choose some indicators from the two aspects of internal and external affecting factors as explanatory variables, and choose the loan-to-deposit ratio as explained variable. And then selects commercial Banks’ quarterly data in 2009-2014, uses the time series regression model to analyze the corresponding data. The main conclusions are: First, relative to the external factors, internal factors influence on commercial Banks’ liquidity is more significant. Second, the quality of capital, asset quality and operational capacity of commercial Banks effect significantly among the internal factors, but asset size doesn’t; and among the external factors, capital market and macro-economic operation is relatively significant influence on commercial Banks’ liquidity. Third, the commercial bank liquidity and profitability can be positive changes. Fourth, the "new normal" economy is beginning to show the certain negative function of commercial bank liquidity, but the effect is not obvious.Finally, the paper made the concrete summary for the research conclusion, and on the basis of previous analysis and the conclusions in this paper, put forward some relevant suggestions for commercial banks liquidity management, in order to have some positive practical significance on our commercial bank liquidity research.