An Empirical Study Of Non-interest Income And Its Structure Influence The Risk Of Commercial Banks Of China

The business income of the commercial banks in our country has been depended on the difference between the deposit and loan interest rate,which is the traditional income of the difference between the deposit interest and loan interest.With the opening up market-oriented interest rate reform and Chinese financial market,commercial banks rely on traditional business has been difficult to break through their own interest differential to achieve leapfrog development,and increasingly fierce foreign banks and other non-bank financial institutions competition is also more difficult to deal with.China's commercial banks in the financial reform and independent living in urgent need of the situation,the development of non-interest income business also pay more and more attention,is trying to change and optimize the monotonous operating income pattern,to achieve diversification of their business.In addition,from the perspective of the policy to see,the government also tends to encourage commercial banks to actively enter the field of non interest,its business expansion and the size of its strong and big.Based on the influence of these two factors,the banking industry in China has a new intermediate business,and the proportion of non-interest income accounts for the total business income increased gradually.But at the same time,along with the development of non-interest income business of commercial banks,many of the risk factors and the corresponding also lurking.How to avoid or reduce the risk of various macro and micro,domestic and international risks in the development of non-interest income business,has become the necessary key issues to be discussed in the banking industry.In this case,in-depth study of non-interest business impact on the input of China's banking risk is of great practical significance.Firstly,in the premise of reviewing the existing domestic and foreign academic literature,illustrates the influence of non-interest income of bank risk and the theory basis of the conduction path;then use the chart shows in detail the current situation and development trend of China's commercial banks non-interest income and its components and bank risk,different(state-owned commercial banks based on holding and non-state-owned holding two categories),the proportion of non-interest income and its structure proportion angle between non-interest business and bank risk,and make a preliminary judgment on the relationship between the two;then followed by listed 16 domestic commercial banks as the sample,the risk adjusted return on assets,bankruptcy risk as explanatory variables to measure operational risk and system risk,the fee commission income accounted for non-interest income ratio,investment and trading income accounted for non-interest income ratio,non-interest income accounted for total revenue than the explanatory variables,and the subsequent introduction of non-interest income and the proportion of structural interactions with the total assets of banks to non-interest income concentration,bank cost and macro monetary liquidity as control variables,selected in 2008 1 quarter to the 4 quarter of 2015 as the sample interval to establish the balance panel data model to test non-interest income and the proportion of the relationship between the structure and bank risk,and bank assets as interactive object,based on the proportion of non-interest income interaction panel data and assets as the core product of logarithmic regression model of non-interest income and the structure of the proportion of effects on bank risk in asset size effect.The empirical test results show that:(1)non-interest income and its structure and bank risk in the general regression model empirical results show that there are no significant characteristics.(2)the introduction of fee and commission income accounted for and the logarithm of total assets,investment income accounted for the product and the logarithm of total assets and non-interest income accounted for the product of interaction with the logarithm of total assets product,taking into account the effect of assets of non-interest income and the structure proportion of bank risk,found that China's commercial the bank's overall risk management or the bankruptcy risk will rise with non-interest income to total operating income increased;however,due to the scale of bank assets of different sizes and different buffering effect.When the total assets of the bank is located on the 2000 to 500 billion yuan range,the scale of the assets will be able to offset some of the negative effects of non-interest income.(3)the more concentrated within the non-interest income business,that is,the low degree of diversification will enhance the bank risk.Whether it is concentrated in the investment transaction part or commission business will bring the risk of operating or system.(4)regardless of whether the introduction of asset interaction terms,the bank cost increases would increase the risk of the bank;and when the macro monetary liquidity is strong,excess liquidity improves the bankruptcy risk of commercial banks,but reduced its operating risk.At the end of this paper,it brings forward the countermeasures and proposals to reduce the risk of banks in the steady operation of non-interest income business.