The Measurement And Comparison Of Efficiency Of Listed Banks In China And Foreign Countries

The financial industry plays an important role in the economy of a country,and the banking industry is an indispensable part of the financial system.In recent years,the world banking industry has changed greatly in terms of industry situation and competition situation.Many international well-known banks have opened the business transformation and set off the downsizing wave.So is China's banking industry,with emerging economic transformation and the trend of Interest rate marketization which cannot be halted,Financial science and technology being changing rapidly,international finance being turbulent and listed banks being increasing,the banking industry is facing unprecedented changes.Faced with opportunities and challenges,all kinds of banks in China should take the initiative to actively respond to.In the current situation,how to improve the performance of the bank and improve the efficiency of the bank have become a problem that many scholars pay attention to.This paper takes 23 listed banks as samples,covering the European and American banks,state-owned commercial banks,large joint-stock banks and city commercial banks,and introduces the international perspective.The sample coverage of foreign banks in domestic literature is rare.The data from each bank in the new economic normal stage from 2012 to2016 will be useful for the timeliness and usefulness of decision making.Based on the combination of parameter method and non parametric method,the three stage DEA model and Malmquist index method are selected.Through the measurement of bank static efficiency level and dynamic efficiency change,we can reveal the efficiency of sample banks comprehensively,compare several listed banks in China with internationally renowned listed banks,and reveal the advantages and disadvantages of several listed banks in China.The empirical results show that: in terms of static efficiency level,China's state-owned commercial banks are similar to those of European and American banks,but there is a certain gap between China's joint-stock banks and European and American banks.There is a big gap between China's urban commercial banks and European and American banks,and the gap is mainly caused by scale efficiency.Dynamic efficiency change,China's city commercial banks and joint-stock banks grew faster,higher than that of European and American banks,whileChina's state-owned banks to enhance the rate of growth and European banks are similar,all kinds of domestic and foreign bank efficiency is mainly driven by technical level,reflected in the financial science and technology progress for the main role to enhance the efficiency of banking industry.Finally,according to the empirical results and put forward some policy suggestions,to encourage our state-owned banks to develop their efficiency advantage,go abroad actively,expand the international influence,to create an international brand;and put forward a reasonable guide for China's small and medium banks take the path of mergers and reorganizations to follow us and European banks to the idea,in order to improve the efficiency of the scale of China's small and medium-sized banks and enhance business efficiency;grasp current wave of technology and finance to drive China's banking industry overall efficiency.