Implication Of International Experience For China Commercial Bank Interest Rate Risk Management In The Process Of Interest Rate Marketization

We can use many indicators to measure a country's economic development, this article emphasis on a key index, interest rates. To a certain extent, interest rates reflect most of the changes in the financial markets. Along with the advancement of our country interest rate marketization, the liberalization of lending rates and the gradually liberalization of deposit interest rates, undoubtedly, interest rate risk has become one of the most urgent financial risks of commercial Banks at the current. The national financial authorities, commercial banks and the academics attach great importance to these risks. After studying the process of United States, Germany and other western developed countries' interest rate marketization, we can find a lot of similarities with the United States and Germany when our interest rate marketization at present stage. It has very important practical significance for our country to the improvement of our country commercial bank interest rate risk management when summing up the experience and reference some suitable experience of other countries' commercial bank interest rate risk management.In this paper, the interest rate risk management research mainly around the main line "interest rate risk identification, measurement of interest rate risk, the interest rate risk management", through introduce the basic theory of marketization of interest rate and interest rate risk to transition to the marketization of interest rate under the particularity background of commercial bank interest rate risk in our country, combining the method of theoretical analysis and empirical analysis to explore the present situation of our country commercial bank interest rate risk management, and using the operating performance of Industrial and Commercial Bank of China in 2013 as example to analyze the commercial banks of interest rate risk and how to deal with these risks. Finally, this paper introduces the traditional technology which used in commercial bank interest rate risk management, and expounds interest rate risk management which applicable to the modern commercial bank, financial engineering, the using of actively transactions financial derivatives, can be more flexible to face the challenge of interest rate risk of commercial banks in China, on the basis of reference the developed countries' ripe experience and put forward the relevant countermeasures and the suggestion for improving our country commercial bank interest rate risk management ability.