Research On The Innovation Path Of The Intermediary Business Of The National Joint-stock Commercial Banks

The development and innovation of intermediary business is a new profit model for commercial banks to adapt to the change of financial market.At present,China's market-oriented interest rate reform has been completed,the new financial model has swept the country,continuous reform of the financial markets in which the commercial bank's traditional deposit and loan business officially entered the era of meager profit.In order to find new profit space,forcing commercial banks to re positioning,from financial intermediation as the core of the financial intermediary to provide places of business more specialized financial services;business restructuring,from loan business mainly in the form of business to diversified financial services-sheet business.Focus on the positive development of intermediary business,efforts to speed up the project of intermediate business innovation and scale,and ultimately hold up half of the country banking industry,has reached a high degree of consensus in the industry.In the fierce market competition,China's 12 national joint-stock commercial bank with its own unique characteristics as intermediate business "is better than that of state-owned banks and small local banks cradle",all kinds of intermediary business management achievements.However,in the face of numerous and diverse types of intermediary business,commercial banks should be based on how to clarify the advantages and disadvantages and the characteristics of various types of intermediary business,clearly explore the cost,profit,and reasonable arrangements for the existing intermediary business scale,structure and proportion of different types,and actively create new and better development of intermediate business products,in order to to help banks achieve optimal efficiency,it is important and valuable.According to the operation data of China's 12 national joint-stock commercial banks from 2008 to 2015,to build a panel data regression model,according to the Basel Committee standards are divided into traditional class,class,class and Innovation Guarantee commitment of four kinds of intermediate business of commercial banks respectively,cost income ratio,which affect the operating efficiency of the size,so that the traditional type of business between the biggest impact on China's national joint-stock commercial bank,followed by innovation,commitment and guarantee the conclusion,finally,through the detailed analysis of each intermediary business cost,profit and innovation for China's commercial banks to develop intermediate business innovation,provide the beneficial reference to optimize the intermediate business structure.