The Research On The Construction Of The Internal Funds Transfer Pricing System Of HF Rural Commercial Bank In The Interest Rate Market Environment

Rural commercial bank as a new joint-stock banks, in the process of China’s interest rate market has basically ended the sublimation background exposed defects and problems in the rural commercial bank internal management, directly facing huge interest rate risks and challenges and transformation and upgrading of the pressure, forcing it to as soon as possible to the fine management mode. Domestic and foreign commercial banks are based on the construction of internal funds transfer pricing system, through internal pricing of financial products, as an important measure to control the interest rate risk, and internal funds pricing system as the evaluation of performance, product pricing, financial allocation, risk management and other areas of basic platform.In this paper, we analyze the necessity of the internal fund management of HF rural commercial banks, the risk and the implementation of the internal funds transfer pricing, By improving the organization and mechanism of HF rural commercial banks based on FTP system, the virtual capital center of the head office is established, and the business segments are the minimum pricing unit, and the transfer pricing curve and pricing method are constructed, and the internal transfer pricing software system of HF is constructed successfully. By using FTP software system, the interest rate risk can be stripped from the branches of its branches, enhancing its market competitiveness, and promoting the improvement of the management level of HF rural commercial banks, And hope to be other rural commercial banks for reference.This article from the reality of HF rural commercial banks, focuses on the problems at present the bank in the interest rate market environment facing and how to use FTP system to solve the problem, the research on HF rural commercial bank’s specific business and products, operation and strong practicability.The specific content of this paper is as follows:The first chapter is the introduction. This part mainly introduces the background of the research on the background, the significance, the present situation of domestic and foreign research, the research ideas and methods, and the characteristics and innovations of the research.The second chapter is the theoretical basis and policy system background. This paper mainly introduces the related concepts of internal fund transfer pricing (FTP) and the basic model of its development. In addition, the domestic interest rate risk, capital constraints, employee compensation, management accounting and financial business innovation and other policy background.The third chapter is about the current situation and risk analysis of HF rural commercial banks fund management. This chapter describes the organization and management of HF agricultural firms, focusing on the actual situation of HF rural commercial banks, and analyzes the current situation and the existing risk of financial management, and emphasizes the necessity of establishing FTP.The fourth chapter is about the construction of the FTP system of HF rural commercial banks. Firstly, the organization and mechanism of the FTP system is reconstructed, then the selection of FTP, the determination of pricing method and the construction of yield curve are described in detail. Finally, the implementation of FTP system is formulated.The fifth chapter is the conclusion, the insufficiency and the prospect. This paper argues that the implementation of FTP, not only conducive to the HF rural commercial banks of the head office of the branch of the interest rate risk management, is conducive to optimizing the allocation of resources, while providing guidance to the performance evaluation, reasonable guidance product pricing.Innovation point of this paper:One is to provide the data source for the comprehensive business system of HF rural commercial bank, and put forward the method of pricing unit, which effectively solves the multidimensional data required by FTP pricing; Two is from the perspective of risk management, the introduction of adjustment projects, including: policy adjustment, credit risk adjustment, deposit reserve adjustment, economic capital adjustment, can be in the line to quantitative methods to solve the policy, risk, capital price measurement, and promote the assessment of fair; Three is from the perspective of practical application, from the organization, the line, products, customers and employees, and other dimensions of the results of the report, can make the management of the bank from the perspective of multiple dimensions and net interest margin, to understand the source of profits, to promote the line to be able to make adjustments to business methods and strategies.