A Study On The Impact Of Interest Rate Marketization And Internet Finance On Commercial Banks' Risks

With the acceleration of the process of financial liberalization, the financial crisis triggered by the banking system or the global financial crisis has become more and more frequent. Commercial banks have gradually diversified their functions in the financial market, and their risk management in the course of business has become The key to the current stable financial. In the current new economic and financial development situation, the interest rate marketization and the development of Internet finance, the development of commercial banks caused a greater impact. The liberalization of interest rate control has narrowed the spreads of commercial banks,and the intensification of the inter-bank competition pattern has resulted in the overall increase in the risk level of commercial banks and even the stability of the whole financial system. At the same time, the Internet financial development with the rapid development of financial control, and further weaken the commercial banks to pay the settlement function, squeeze the commercial bank market share, divert deposits and credit, resulting in commercial bank credit risk, liquidity risk changes. In this context,the study of interest rate marketization and the relationship between Internet finance and commercial bank risk, clear interest rate marketization and the impact of Internet finance on commercial bank risk has become a hot topic in recent years.The main line of this paper is to study the impact of interest rate marketization and Internet finance on the risk of commercial banks. This paper systematically summarizes the relevant research at home and abroad, and elaborates the related theories such as financial suppression. Based on the relevant data of 15 listed commercial banks from 2007 to 2016, this paper attempts to use the GMM empirical method to study the action path and direction of interest rate marketization and Internet financial risk to commercial banks, and put forward relevant policy suggestions based on the research results.The conclusions of this paper are as follows:(1) Interest rate marketization has also led to an increase in the risk level of non-performing assets, which has led to the tightening of bank spreads and the intensification of inter-bank competition. (2) Internet finance not only weakens the payment and settlement function of commercial banks, but also causes the loss of deposits and credit, directly reduces its profit level and increases its overall risk level.Moreover, Internet financial enterprises directly participate in the competition of banking industry, thus Forced the commercialization of interest rates in commercial banks, and further pushed up the overall risk level of commercial banks. (3)commercial banks own Internet, can broaden the scope of banking, improve efficiency,can help reduce the bankruptcy risk of commercial banks and non-performing assets risk. In addition, the bank profitability, capital adequacy ratio, asset size, deposit and loan ratio, interest income ratio and macroeconomic development, are the risk factors of bank risk factors.The research of this paper can provide an analytical framework for the study of interest rate marketization, Internet finance and commercial bank risk, and put forward relevant policy suggestions for the risk prevention of commercial banks in China, which is conducive to the development of commercial banks and the stability of financial system. The lack of research in this paper is that the selection of model variables is not comprehensive, and the processing methods of related data need to be improved.