An Analysis Of The Impact Of Interbank Business On The Risk Of China's Commercial Banks

Since June 1,1996,the People's Bank of China has completely liberalized the interbank market interest rate,the interest rate market reform has been implemented for more than 20 years.In view of the reform process of interest rate marketization,we find that the process is accompanied by the rapid development and innovation of the interbank market.The interbank business has developed from the initial interbank lending business to solve the liquidity problem of the banking industry,to due from banks for facilitating interbank funds clearing,and then to redemptory monetary capital for sale and financial assets sold for repurchase.The interbank business has also derived from a variety of non-standard business to carry out regulatory arbitrage.In the same period of rapid development of interbank business,the risks of commercial banks operating also continue to increase.Therefore,researching the relationship between the changes in the size and structure of interbank business and the risks of commercial banks has a great significance to the stability of the whole banking industry and the whole financial system.In this paper,five large commercial banks and 32 small and medium-sized commercial banks in 37 commercial banks as the object of study,analysis of China's commercial banks with the development of the status quo,the same industry business impact on the bank's theoretical basis and mechanism of risk,followed by the use of 2006 In 2015,the panel data of 37 commercial banks in China,from the business scale and business structure of the two aspects of the same industry and the relationship between bank risk empirical test.In this paper,it is found that the proportion of interbank assets is positively correlated with the risk of commercial banks,and small and medium-sized commercial banks show significant positive correlation,but for large commercial banks,the relationship between the two is not significant.According to the conclusion of the study,this paper puts forward that commercial banks should develop the scale of interbank business,optimize the business structure of the same industry,and strive to improve the risk management mechanism of the same industry.At the same time,the relevant departments should strengthen the supervision of the same industry and standardize the development of the same industry.