The Study Of Financial Disintermediation’s Influence To The Liquidity Risk Of Domestic Commercial Banks

with the rapid development of Internet and China’s capital market system constantly improve,the degree of financial disintermediation is deepening.The bank liquidity risk is also increasingly serious.Firstly,the article describe the concept,reason and measures at home and abroad,then analyze the financial disintermediation and the development status of liquidity risk.Secondly,introduce the related theory,analyze the financial disintermediation effect on liquidity risk mechanism.Then the qualitative research method was used to construct panel data model,from the two aspects of assets and liabilities disintermediation,analyzes the financial disintermediation of the impact of China’s commercial Banks’ liquidity.Through financial disintermediation and the present situation of the liquidity risk analysis shows that the phenomenon of our country financial disintermediation is deepening,the proportion of direct financing,assets and liabilities disintermediation is developing from asymmetric to symmetric direction.From the perspective of liquidity risk,liquidity risk is increasing.From the loss of the empirical analysis results on savings deposits and the proportion of direct financing increase has a significant effect on liquidity risk,caused by loss of deposit will be greater than the influence of the proportion of direct financing.Financial disintermediation of the influence of the big four Banks liquidity risk more than financial disintermediation effect on joint-stock bank liquidity risk.Finally,according to the results of the empirical analysis on the financial disintermediation,puts forward some targeted thinking on China’s commercial Banks how to strengthen the management of liquidity risk.