Research On The Effect Of Intermediary Business To China's Commercial Banks Profitability

During the complex international economic situation in 2014, the Western countries and the European economies were showing less potential growth than before, and developing economies had been experienced degrees of callback. In May 2015, deposit insurance system accelerated process of liberalizing its interest rate and emerging Internet finance and increased competition in the financial industry and the reform of RMB exchange rate mechanism, the banking industry as an important part of the financial sector, its survival and development is undergoing profound changes.Under The New Normal, if commercial banks still rely on capital-driven development model, its development is bound to be facing tremendous pressure.The diversified commercial bank intermediary business is increasing the adhesion strength of customers, which establish long-term stable cooperative relations between banks and customers and strengthen the service ability of banks,finally commercial bank can be trusted by customers.In this paper,Comparing the results between different the models and the conclusion:Commercial banks as a sample, the explanatory variables intermediary business revenue and ratio of intermediary business and growth rate of intermediary business revenue and its revenue variance which have a positive and significant effect on the Commercial banks profitability;As state-owned commercial banks,intermediary business revenue and ratio of intermediary business and its revenue variance which have a positive and significant effect on the Commercial banks profitability but growth rate of intermediary business revenue does not through significant test.In joint-stock commercial banks as a sample, the explanatory variables intermediate business income? ratio of intermediary business,which have a positive on the Commercial banks profitability, but and its revenue growth rate has reversed and significant effect.The intermediary business revenue variance does not pass significant test, empirically model of joint-stock commercial bank intermediary business lack of diversity and single development too fast, which effect on the profitability of joint-stock commercial banks are not significant.According to the current national industrial restructuring policies, optimize banking intermediary business structure, personnel training mechanism and strengthen the construction of risk control mechanism, which will China's commercial banks in The New Normal strengthen intermediary business promote of commercial banks.