Research On Interest Rate Marketization And Interest Rate Risk Management Of Small And Medium-Sized Banks In China

Interest rate marketization is an important symbol of the maturity of financial markets in a country.It is the only way to realize the sustainable development of banking industry.Since the People's Bank of China officially launched the market-oriented interest rate reform in 1996,China's interest rate market has steadily advanced in the past two decades,and the reform and finalization work has been completed by the end of 2015.It is of great theoretical and practical significance to study the interest rate risk of commercial banks in the period of post-market-oriented reform of commercial banks,and put forward the reference strategies of commercial banks,especially small and medium-sized commercial banks to deal with interest rate marketization.In this main background,this paper first selects four representative countries and regions that have completed the market-oriented interest rate reform:the United States,Japan,China Taiwan,Chile,from their reform background,the reform process,the commercial banks The author analyzes the basic course of the reform of interest rate marketization in our country,and briefly analyzes the influence of interest rate marketization on China's banking industry.The theoretical analysis part briefly introduces the theory of interest rate risk,including the classification and causes of interest rate risk.In addition,it compares the classical model of interest rate risk management of commercial banks,and clarifies the advantages and disadvantages of various models.In the empirical analysis,the overall interest rate risk of China's commercial banks is analyzed by Eviews software.Secondly,the interest rate sensitivity gap model is used to analyze the changes of interest rate risk of commercial banks under different interest rate fluctuation.On this basis,it clarifies the problems existing in China's commercial banks under the interest rate marketization,and highlights the particularity of small and medium-sized banks in interest rate risk management.Finally,from the small and medium-sized commercial banks themselves,put forward the feasibility of interest rate risk management views:First,adjust the interest rate sensitive assets and liabilities ratio structure,the use of innovative financial instruments to optimize the interest rate sensitive assets and liabilities of the proportion;System,take the road of differentiated development,improve the interest rate risk management system,pay attention to the establishment of relevant professional personnel.