The Study Of The Countermeasures Of Financial Disintermediation To China’s Commercial Banks

As the degree of globalization of the economy continues to improve, financial disintermediation already become a familiar concept to the general public. In China,with the rapid economic development and continuous improvement of capital markets,financial disintermediation process is constantly advancing, China conforms to the inevitable trend of economic development of the market, joined the team deepening financial disintermediation development.After the financial crisis in 2008, the financial disintermediation began to accelerate deepened, we are faced with a new background and economic situation,to cope with the financial impact of disintermediation,China’s commercial banks should combine the corresponding measures and actions with the current economic environment and new situation, new exploration should thus be carried out with extreme significance. This paper is divided into four chapters.The first chapter is based on our economic situation and the research background. It reviews of both domestic and foreign scholars’ relevant research scholars of financial disintermediation and pointed out that the innovation and difficulty of the article.The second chapter introduces the concept of financial disintermediation, Western development history of financial disintermediation and the impact on our financial economy. Firstly, the chapter explains the concepts of financial disintermediation. Secondly, the chapter select representative financial disintermediation in the development process of western developed countries, such as the United States, Germany, Japan for deepen analysis to find out the unique and the common cause of each country’s financial disintermediation. Followed by comparison with western countries the chapter begin to analyze the background and reasons of our financial disintermediation. At the last, the chapter summarizes the impact of financial disintermediation of China’s commercial banks in a new situation in the third chapter.The third chapter summarizes and extracted four representative areas in newsituation in financial disintermediation.They are the development of the Internet finance, the market-oriented interest rate reform, the accelerated development of capital markets and the rise of the shadow banking that led to financial disintermediation. Every aspect uses both data and theory to explain in three levels.First introduce the concept and development status for each aspect, and then analyze the cause of financial disintermediation of our commercial bank in every aspect, at last concludes the impact of each aspects due to financial disintermediation of our commercial bank, mainly based on the source and the use of the funds.The fourth chapter summarizes the measures to be taken by commercial banks based on previous analysis of the new situation. Development of supply chain optimization of traditional commercial banks finance business, the development of CDs to optimize traditional debt business; actively promoting the innovation of financial services and tools; strengthening cooperation with brokers, funds, trusts and other non-bank financial institutions and Internet companies to achieve win-win to create new sources of profit; and finally making targeted recommendations to improve the bank’s risk management level by improving the talent pool management and internal mechanisms.