Research On Factors Affecting Non Interest Business Development Of ICBC

In recent years,with the development of global economic integration,the capital market of China gradually opening up,foreign banks' access restrictions progressively loosened and the rapid development of Internet finance,the pressure of competition that domestic commercial banks are facing becomes larger and larger.Meantime,the traditional deposit business and loan business have been greatly impacted,for the development of market-oriented interest rate reform.So commercial banks begin to seek new points of profit growth under the new market environment,while non-interest business has become the focus of commercial banks in various countries.However,compared with developed countries,the current level of development of non-interest business of commercial banks in China is still relatively low,mainly reflected in the non-interest business relative to traditional business accounting for much less,and the business types are still not rich enough.ICBC(Industrial and Commercial Bank of China),as a large state-owned bank,is also facing the above problems,in this background,my thesis attempts to make a theoretical and empirical study on the influencing factors and give some advice of non-interest business development of ICBC.First,based on the reference to domestic and foreign research,my thesis elaborates the meaning and content of non-interest business,China's commercial banks non-interest business theory and the status and trends,problems of non-interest business development in China's state-owned commercial banks.Secondly,my paper has an overview of non-interest business in commercial banks which includes the survey of ICBC and the non-interest business status of ICBC with the development of five aspects,including the income content,structure,development trend,development advantages and existing problems.On this basis,it describes the internal and external factors that affect the non-interest business development of ICBC furtherly.The internal factors are divided into the basic ability,the driving force and the cost control ability of the non-interest business of ICBC,while the external factors are divided into the currency market,the capital market,the macro economy and the market supervision policy.Next,on the basis of the above analysis,the regression model was used to validate the model By 2007 to 2016 data on ICBC it makes a practical study,puts forward six hypotheses,and explains the selection and the design of data samples and model variables.First of all,it makes some descriptive statistics on 2007 to 2016 data of ICBC;then,it puts forward the relationship of dependent variable and non-interest income with taking significant experience,multicollinearity test,final regression results and analysis by SPSS to verify the above factors.At last,according to the above conclusions,it puts forward the countermeasures and specific measures for the development of non-interest business of ICBC to keep strengths and improve weaknesses with relative researches and then explore a path of development of non-interest income in the future,which is a great significance to its diversified profit model and comprehensive operation.