A Study On The Effect Of Liquidity Regulation Under Basel Ⅲ On Commercial Banks Credit Business

Basel Ⅲ stressed the importance of liquidity regulation, and for the first time proposed a new unified regulatory liquidity indicators-liquidity coverage ratio (LCR) and net stable funding ratio (NSFR). Timely administration of the bank regulatory system to adjust, the above indicators were gradually incorporated into the risk management of the banking system, and accelerate the implementation of the country’s new Basel Capital Accord.Since Basel Ⅲ states that China’s scholars were in terms of capital adequacy, market discipline, independence of the Basel regulatory role of the financial regulation of financial markets financial institutions, compared to the previous agreement, Basel Ⅲ strengthened its counter-cyclical macro-prudential and regulatory capital, the impact of Basel Ⅲ scholars on Chinese commercial banks operating risks and related entities have on the economy and other aspects of a preliminary study. Although Basel own research more, but the lack of refinement Basel calculations, especially for the latest out of Basel Ⅲ, the Basel Ⅲ impact analysis of commercial bank credit operations less. Based on this, the latest from the Basel regulatory requirements set out liquidity risk, Basel Ⅲ focuses on two quantitative liquidity risk monitoring indicators-liquidity coverage ratio and net stable funding ratio of LCR NSFR. Through a detailed study of the definition of the liquidity coverage ratio and net stable funding ratio and rules, a clear meaning and significance of these two indicators. Simply put, NSFR aims to reduce the financial risk from the mismatch between assets and liabilities arising from, and LCR liquidity by increasing the quality of assets held by banks to resolve the liquidity risk.In this paper, the findings illustrate Basel and other scholars, according to China’s liquidity regulatory implementation rules, estimates of the net stable funding ratio of 22 commercial banks, liquidity risk level of China’s commercial banks to conduct a comprehensive analysis. It turns out that China’s four major state-owned banks have been full compliance, the other joint-stock banks and city commercial banks are mostly standard, but there are still some banks have not met.In this paper, the panel regression model and threshold regression model Basel Ⅲ regulatory requirements that may affect the liquidity of commercial bank credit to bring empirical research. Through regression NSFR indicators and bank loan growth, GDP growth, and several indicators of the benchmark lending rate between the analysis, we found the Basel Ⅲ regulatory liquidity requirements of China’s commercial bank credit expansion has significantly constrained role. By grouping regression compared, Basel Ⅲ liquidity regulatory requirements impact on the joint-stock commercial banks, national shareholding ratio of large banks to be larger, the same changes NSFR indicators, the percentage of reduction of joint-stock commercial bank loan growth close the same case twice the national ownership of large banks. In addition, the threshold regressions, we find that the impact NSFR commercial bank credit expansion at low NSFR more significant level, but at higher levels NSFR is relatively insignificant.