Research On The Credit Behavior Of Commercial Banks Based On The Leverage Ratio Supervision

The global banking industry have suffered different degrees of credit crunch behavior since the US subprime mortgage crisis triggered a global financial crisis in2007.The Basel Committee,in its careful consideration of the serious consequences of the crisis,rethink the shortcomings and deficiencies in financial regulation,and then revised the Basel Agreement ?,which clearly identified leverage ratio requirements and frameworks to raise leverage ratio a new height.They hope that the global banking industry will improve the level of leverage ratio,reducing risk accumulation in the process of management,to achieve long-term smooth operation of the financial system.Under the background of the global financial crisis,China's commercial banks are naturally difficult to escape the fate.They faced a substantial credit situation,with credit growth speed gradually declining.In order to enhance the ability of China's banking industry to resist risks,the CBRC has established a leverage ratio framework for China's commercial banks,which aims to strengthen capital adequacy management and curb its excessive credit expansion by raising the leverage level of domestic banks.Therefore,it is necessary to study the specific credit behavior of China's commercial banks under the constraint of leverage ratio,and what measures should be taken to deal with the problems.This paper will systematically study the influence of leverage requirement on the credit behavior of commercial banks in China.Firstly,it summarizes the theory of credit behavior of commercial banks based on leveraged ratio regulation,and analyzes the theoretical basis and influence mechanism of leverage control on the credit behavior.The leverage ratio regulatory requirements will lead to changes in credit behavior of commercial banks,resulting in the occurrence of credit crunch behavior,and thus have a negative impact on the macroeconomic operation.Secondly,the author uses the comparative analysis to study the influence of leverage ratio regulation on the credit behavior of the United States and Canada's banking.Then,through empirical analysis,it proves the influence of leverage ratio regulation on the credit behavior of China's banking industry.It is concluded that the leverage ratio regulation will bring a certain degree of Credit crunch,and will ease the credit concentration behavior.Specificly,the large state-owned banks are significantly affected by a greater degree than the joint-stock banks and city commercial banks.Finally,according to the conclusion of empirical analysis and the practical experience of foreign bankingindustry,this paper puts forward some suggestions on the future credit behavior adjustment of commercial banks.Commercial banks should actively adjust the credit business mode under the supervision pressure,supporting medium-sized and small-sized enterprises to avoid credit centralized behavior.The most important thing is to prevent risk generation and accumulation in the business process,establishing of a comprehensive risk management mechanism.The main innovation of this paper is to explore the influence of leverage ratio regulation on credit behavior of China's banking industry,including the impact of credit expansion behavior and credit concentration behavior.And it analyzes the impact on large-scale state-owned banks,joint-stock banks and city commercial banks.The study shows that the credit behavior of different types of commercial banks is different by the leverage ratio from the cross section and the time dimension.