A Study On The Transformation Of Chinese Commercial Bank Business Under The Background Of Financial Disintermediation

With the continuous progress of the vigorous development of capital market,the interest rate market and the Internet banking,financial disintermediation has become increasingly apparent,the traditional deposit and loan business of China's commercial banks faces many pressures.This paper expounds the present situation of our country's financial disintermediation,shows that the necessity of business transformation of commercial banks in china.The paper expounds the theory of financial intermediation,summarizes the research status from the definition,causes,measures of financial disintermediation,effects and countermeasures on five aspects at home and abroad,and made relevant comments.This paper selects the data of 5 large commercial banks,8 national joint-stock banks and 3 city commercial banks in 2012-2015 for research.The study not only confirmed the noted view,but also found that there is financial disintermediation corrective effect on the operation of commercial banks in the development.Under the impact of financial disintermediation,the commercial bank has carried on the innovation to the traditional business model,and has begun to broaden the coverage of the intermediate business,which has laid the foundation for the development of the commercial bank in the new situation.To analyze the specific impact of financial disintermediation on China's traditional business of commercial banks,the paper selects a detailed calculation of market.To solve the problem of China's commercial banks about how to get rid of the plight of financial disintermediation and seek long-term and efficient development.The paper also draws on the history of the development of financial disintermediation has long been in the United States.After getting the corresponding enlightenment,the paper put forward on the commercial bank of our country to deal with the financial disintermediation measures.Through the descriptive statistics and model analysis of the third chapter and the fourth chapter,the main conclusions are as follows.First,financial disintermediation lead to different types of bank deposit and loan scale are different degrees of incremental slow down,declining profitability,the rate of bad loans,the main position of commercial banks in the financial markets began to shake.Second,the development of stocks,bonds and other markets will inevitably lead to a substantial decline in the size of China's commercial bank deposits and loans in the long term.Third,China's commercial banks must speed up the transformation of traditional business,financial disintermediation in this area also plays a role in correcting.