Study On Liquidity Risk And Its Management Of Chinese Commercial Banks

With the continuous improvement of China's economic development degree,The economic status of our country has been paid more and more attention.Under the tendency of Economic Integration,China's domestic economic situation has played a "pull one hair and move the whole body "role to the international commuinty's economiy.As the mainstay of the economic system,commercial banks' development status and risk situation has attracted much attention.Once there is a problem of commercial banks,it will bring immeasurable blows to the economic system.Therefore,we must be alert to risks arising from commercial banks.There are four types of commercial banks' risks,including:credit risk,operational risk,liquidity risk and market risk.As one of the most complex risks,liquidity risk has attracted much attention in recent years?The global financial crisis in 2008 triggered by the subprime mortgage crisis in the United States let us recognize the disaster brought by the lack of liquidity management of commercial bank risk,also let the world make further efforts to ensure the importance of the commercial banks(?)liquidity risk.After the crisis,Basel Committee launched a series of financial supervision measures,the supervision of liquidity risk of commercial banks has been referred to an unprecedented height.China has also promulgated the relevant liquidity risk management regulations to manage the liquidity risk of commercial banks and promulgated the "Measures for the management of liquidity risk of commercial banks(Trial)" in 2005,it will be implemented on October 1st,2015.Our country's Commercial Bank is transferred from National Specialized Bank,in the process of commercialization and the establishment of the financial institution system,there is a certain gap between the international banks' development degree and ours.In order to promote the development of Chnina's banking industry continuously,on the basis of absorbing foreign business development,China also constantly improves the internal and external management of commercial banks.The implementation of the bank deposit insurance system in 2015 greatly improves the depositors' funds safety,alleviates the currently difficult situation that our country's traditional commercial bank faces on absorbing deposits,also encouraged commercial banks to be self-financing and to enhance their competitiveness.Besides,the process of continuous interest rate cut in 2015 and the liberalization on deposit interest rates which announced by central bank officially not only have an important significance for the interest rate market,but also conducive to promoting the development of commercial banks independent priceing model and effective competition.The current China is in transition and crucial period of economiy,the economic supply and demand mismatch will push the Supply-side reforms to a strategic height,coupled with the vagaries of the international economic situation,a series of things have brought new challenges and opportunities to our country's commercial bank liquidity risk management.This paper attempts to sort out the current situation of the domestic commercial bank liquidity risk and its management by using the index method and the principal component analysis method,and points out the problems existing in the liquidity risk mangagement of China's commercial banks.Combined with the foreign commercial banks liquidity risk managements' method,I hope to give every problem that exists in our country's commercial banks' liquidity risk management a corresponding solution.Through the study of liquidity risk management issues,it will be conducive to the improvement and perfection of the theory on commercial banks' liquidity risk management in our country,and make it more targeted and effective.Furthermore,the paper tries to bulid mathematical model to analyse the impact factors of commercial banks' liquidity risk management in China.The result enrichs the content of commercial banks'liquidity risk management theory in a certain extent,also provides clues and theoretical reference for commercial banks to prevernt liquidity risk.