Deposit Interest Rate Marketization Of China's Commercial Banks Operating Risk Impact Study

Deposit interest rate marketization is the only way a country's financial development.Since the 1970 s,financial liberalization trend begins,Western countries are market-oriented interest rate reform.In 1996,our country put forward the market-oriented interest rate reform policy,and completely lib eralized interest rate in 2013,the people's bank of China announced on October 24,2015 for commercial Banks and rural cooperative financial institutions,such as setting interest rates on deposits no longer floating ceiling,only to demand deposits and time deposits within the one-year interest rate benchmark interest rate 1.5 times the upper limit of the management.From the international experience,marketization of interest rates on deposits that commercial Banks face a huge challenge,therefore,under the deposit interest rate marketization reform of our country commercial bank risk management research has important practical significance.Our country commercial bank according to the different nature mainly can be divided into state-owned commercial Banks,joint-stock commercial Banks,city commercial Banks and rural commercial Banks,all kinds of the characteristics of different commercial Banks,to deposit interest rate marketization shocks is also different.Deposit interest rate marketization on four different influence of the commercial Banks operating risk,can find all kinds of commercial bank under the deposit interest rate marketization reform its face different risks,and puts forward some targeted Suggestions,for our country commercial bank reasonable deal with the impact of the deposit interest rate marketization,and maintain good operating conditions have important significance.On the basis of reviewing and summarizing the reform process of deposit interest rate marketization in our country,this paper analyzes commercial Banks operating risk in the deposit interest rate marketization by quantile regression and panel threshold regression model.By quantile regression model,the analysis found that the marketization of interest rates on deposits on the whole was beneficial to the improvement of the commercial bank profitability,reduce the bank's credit risk and capital risk,at the same time deposit interest rate marketization by price competition intensifies the risk of bank's income volatility,and reduce the risk of insolvency.By building panel threshold regression model,found that bank assets of commercial Banks income volatility risk threshold effect,when the bank asset size less than the threshold,the bank of deposit interest rate marketization will exacerbate incomevolatility risk,when asset size is greater than the threshold,deposit interest rate marketization of income volatility risk there is no significant effect.At the same time,the marketization of interest rates on deposits on the influence of different commercial Banks liquidity risk,the impact on the city commercial bank is the most significant,the shareholding commercial Banks time significantly,but the rural commercial bank and state-owned commercial Banks there is no significant effect.Finally,according to the theoretical analysis and empirical research conclusion,put forward in this paper,relevant countermeasures of reducing the risk of commercial bank management.