An Empirical Study On The Liquidity Risk Stress Test Of Chinese Commercial Banks

As we all know,liquidity is one of the three principles of commercial banks,in which liquidity and safety are the foundation of profitability.Liquidity risk can also cause safety problems.Therefore,it is very important for commercial banks to manage liquidity risk.Throughout the global economic turmoil,the financial crisis,represented by commercial banks,financial institutions are most vulnerable to spread,easily lead to liquidity risk and financial crisis,and even bankruptcy.At present,China's commercial banks face a series of liquidity risk pressure,the performance of the economy down,non-performing assets increased;stock market,real estate bubble,greatly affect the deposit liquidity of commercial banks;interest rate liberalization break commercial bank traditional deposit and loan spreads Profit mode;mixed operation of the financial industry trend of commercial banks to improve the development of intermediary business requirements.Therefore,the study on the liquidity risk and stress test of commercial banks is of great practical significance to the sound and sustainable management of commercial banks in China.This paper first studies and combs the theory of liquidity risk and stress testing of existing commercial banks.Secondly,from the overall,sources of funds and the use of funds to explain the current situation of China's commercial banks under the current situation of liquidity risk,combined with the current commercial banks face new liquidity risk pressure to analyze the impact of liquidity risk factors of commercial banks.The results show that the fluctuation of the liquidity level of China's commercial banks is large and the proportion of long-term and short-term loans is imbalanced.At the same time facing the macroeconomic downturn,pushing up the bad loan rate and other new liquidity risk pressure,liquidity risk significantly.Thirdly,this paper chooses panel data of 16 listed commercial banks to construct the fixed effect model,and designs the pressure scenario according to the influencing factors to carry on the empirical analysis of the liquidity risk of China's commercial banks.The empirical results show that listed commercial banks in our country are able to bear the impact of mild and moderate pressure scenarios.Under severe pressure,the listed banks can not bear enough capacity and need to strengthen the management of liquidity risk.Finally,this paper puts forward some policy suggestions on strengthening liquidity risk management from the aspect of financial supervision and the bank itself.