Commercial Bank's Asset-Liability Management Under New Economic Norm

Commercial bank, has been playing a very important role in a country's economic system, after a long time of development and continuous innovation, it become the pillar of each country's economy. In the modern economic environment, commercial banks have to face credit risk, liquidity risk, interest rate risk and other operating risks, risk aversion is impossible. The main work of asset-liability management is the comprehensive coordination of asset-liability portfolio, and the pursuit of profit maximization under the limited risk.China's banking institutions are clearly aware of the importance of asset-liability management, the majority of commercial banks are equipped with a dedicated Asset Liability Management Committee, to monitor the day-to-day management of the assets and liabilities. But due to the late start, China's asset-liability management still have a big gap with international commercial banks, especially in the asset-liability management practice.The core goal of commercial bank's asset-liability management:efficiency, liquidity and safety, as well as the principles and methods required to achieve these goals, are introduced in this article; the history of asset-liability management for western commercial bank and China's bank are reviewed; this article also described the characteristics of the new economic norm, and analyzed assets-liabilities management of commercial banks under the new economic norm, and pointed out the major problems in commercial bank's assets-liabilities management in China, and finally raised certain valuable solution to it. In order to improve commercial bank's asset-liability management under the new economic norm, we should optimize the structure of assets and liabilities, improve the management structure and process, update the pricing mechanism of the interest rate.