The Study Of Listed Commercial Banks Financial Competitiveness Based On The Grey Correlation Analysis

Commercial Banks’ function to a country’s economic development has played a very important role in financial inter-mediation. At present, with a large number of foreign Banks emerging into China market, our country’s banking industry is facing enormous challenges and pressure. So the commercial Banks need to maintain sustained and healthy development to strive to improve their competitiveness. Only in this way won’t they be eliminated in the fierce competition. Financial competitiveness is the foundation of enterprise competitiveness, therefore, to improve the financial competitiveness of commercial Banks in the fierce competition in the commercial bank is of vital significance. Therefore, how to effectively to confirm and cultivate financial competitiveness of commercial Banks,in turn,is an important issue which needs to be settled. Financial industry is the core strength, which supports the economic development of our country’s commercial. With bank playing an important part of the financial system, we need to build scientific and reasonable index evaluation system. In order to evaluate the financial competitiveness of listed commercial banks, research need to be done to find out the deficiencies in China’s commercial Banks, and then find the solution, which can not only improve the competitiveness of China’s banking industry but also further accelerate the pace of financial reform in our country.Financial competitiveness of commercial bank is particular in the field of financial competition in the banking sector. Commercial Banks take the market as the guide and pursuit profit maximization as the goal. They coordinate and integrate according to a certain market environment as well as the various financial relations and the financial resource, thus achieving the goal of profit maximization and improving the commercial bank’s ability to maintain lasting competitive advantage.Based on financial competitiveness, enterprises competitiveness and related theories, this paper takes China’s listed commercial Banks as research objects. It aimes to build a suitable scale mufti-level index evaluation system of commercial bank financial competitiveness based on the principle of the construction ofevaluation index, form the profit ability, management ability and future development ability as well as scale strength. At the end of the paper five listed commercial Banks are selected by using the gray hierarchy comprehensive analysis on the empirical analyses financial competitiveness.As can be seen from the results of the empirical analysis, this article, through the selected research methods, can evaluate the financial competitiveness of listed commercial Banks effectively, the advantages and short-comes of commercial banks so as to guide the operation of a sustainable development for commercial Banks into the source. And qualitative analysis of the theory is also shown in this paper, and the mathematical model to simulate the financial competitiveness of quantitative analysis, combining qualitative analysis with quantitative analysis, can perfect the theory system of our country’s commercial banks’ financial competitiveness.