The Empirical Analysis Of The Pricing Of Loans For Smes By Commercial Banks In China

In the period of interest rate control,due to the commercial Banks to adjust the interest rate is restricted,commercial bank loan pricing research is not profound.But along with the advancement of market-based reform of interest rates,commercial Banks can undertake independent pricing,so competition is becoming more and more fierce,which requires Banks to realize loan pricing model,to improve their competitiveness.Therefore,under the background of interest rate marketization of our country commercial bank loans how to make scientific,reasonable and effective pricing is currently important problems facing our country banking industry.This article through to the traditional pricing of our country commercial bank method found that each loan pricing have own advantages and disadvantages,in the current economic situation this method not suit our country.In consideration of the various pricing methods,combining with the actual situation of our country,the RAROC loan pricing model is suitable to our country commercial bank.It respectively according to different credit ratings of the customer pricing,intention to minimize risk of Banks to lend,beneficial to the optimization of bank loans to customers and rationalization of taking risks.According to the customer different credit rating differentially pricing,achieve the loan price(interest rate)and the matching of the risk,and reflects the difference treatment of different degree of risk loan client.It is helpful for the optimization of bank loans customers and rationalization of taking risks.Therefore,on the basis of loan pricing model we studied to explore,use a commercial bank loans in 2016 of 15 listed company as the research object,through comparing the calculated by the model and the actual interest rates to analyze the rationality of the model.The results show that the 15 samples only calculated by the model of interest rate is lower than the actual interest rate,the remaining 14 loan pricing are higher than the actual lending rates.This means that to a certain extent commercial Banks on loan pricing is easy to underestimate risk,and risk of unexpected loss compensation is not enough;And in the loan pricing model,fully considering the different client default risk,this improving ability of loan pricing of the commercial bank.Finally,through analysis the advantages and disadvantages of loan pricing model,puts forward the relevant policy recommendations.