Research On The Impact Of Interest Rate Marketization On The Performance Of Commercial Banks In China

The interest rate market is always a double-edged sword, is a Huimin policy, but for commercial banks is both risks and benefits. Since China implemented the reform and open policy since 1978, open market economy, so China's interest rate market also started late compared with western countries, China's interest rate market has the characteristics of a late start. In this paper, under the premise of summary of the western developed countries in market interest rates process results, combined with the actual situation in our country, analysis of the transmission path of the interest rate marketization influences the performance of commercial bank, effect of the performance of commercial bank. Will interest rate marketization theory with China's actual situation combined selection of the marketization of interest rates and commercial bank performance proxy variable, using the Stata 12.0 software to carry out regression analysis. According to the empirical results, in view of the present situation of the interest rate marketization of our country put forward policy recommendations.The empirical results show that the interest rate market has a significant impact on the commercial banks, in the selected time interval of 16 listed commercial banks from 2008 to 2014 as the research sample, representative and universal applicability. Drawn from the empirical analysis, the higher the degree of marketization of interest rates of commercial bank performance better, this is to bring the benefits of the interest rate liberalization in china. But in this paper selects the marketization of interest rate of the auxiliary variables, real interest rates on commercial bank performance effect is not a positive effect, the reason contains the marketization of interest rate is influenced by the macro economic cycle inflation and, this just is "the marketization of interest rate is the embodiment of the double-edged sword" argument, so the improvement of the performance of commercial bank need combined with the process of interest rate liberalization, national monetary policy and macro and micro economic environment in many aspects of thinking.