Research On Formation Mechanism And Countermeasures Of Commercial Banks' Idling Arbitrage

In recent years,the capital off the virtual reality phenomenon has attracted much attention,the commercial baak idling arbitrage was very popular,this paper focuses on the internal and external idling arbitrage formation mechanism,constructing mathematical model of the idling arbitrage logic,to reveal the specific ways for commercial banks to achieve idle arbitrage size and form,and the interbank business accounted for as a typical representative idling arbitrage,in view of the influence of the industry accounted for the factors put forward the hypothesis,through the collection of listed commercial bank balance sheet data,an empirical test of commercial banks idle the influence factors of arbitrage,on the basis of the research on the existing regulatory policy analysis,the proposed regulatory measures and regulatory arbitrage idle regulators on four model.This paper draws the following conclusions on the basis of theoretical analysis and empirical research:Commercial banks can obtain high profits by providing financial products with high leverage,which drives the currency idling in the commercial banking system and encourages the commercial banks' idle arbitrage.China's commercial banks' idle arbitrage is affected by many factors,such as capital adequacy ratio,the change rate of deposit and loan interest rate,etc.,Capital adequacy ratio is negatively related to the proportion of the interbank business scale.The higher the capital adequacy ratio,The smaller motivation of commercial banks to carry out idle arbitrage.The interest spreads of deposit and loan is negatively correlated with the proportion of interbank scale,The bigger the interest spreads of deposit and loan,The smaller motivation of commercial banks to carry out idle arbitrage.This paper analyzes the main regulatory policy in recent years idling arbitrage four models,analyze the effectiveness of various regulatory policies,regulatory authorities pointed out that despite the strong regulatory efforts continue to increase the effectiveness of supervision and constantly improve,but because commercial banks internal idle drive arbitrage and spontaneous interests,the financial support of the real economy effect it is not very obvious,some regulatory measures did not fully in place.Aiming at the four modes of idling arbitrage,the paper puts forward the regulatory countermeasures from four aspects:Aiming at credit idle,focusing on improving performance appraisal and loan management;aiming at financial idle,we should focus on strengthening penetrative regulation.The key point is to expand the financing channels of enterprises.The focus is to strengthen capital supervision and to change the concept and mode of supervision.