Empirical Study On The Influence Of Multi-income Structure Of Chinese Commercial Banks On Their Business Performance

With the development of the global economy entered a transition period of adjustment and development,China’s interest rate marketization of financial policy and the the full implementation of China’s economic development has entered a new norm,the slowdown in the real economy,greatly affected the production and operation of enterprises,increase the risk of traditional credit business of commercial banks in china.In addition,the rapid development of Internet banking,financial disintermediation trend is irreversible,so that China’s commercial banks face competition,lending spreads narrowed.These changes have brought serious challenges to the development of commercial banks in China,and impact on the profit model based on traditional credit business in China’s commercial banks.In order to reverse the trend of profit decline,commercial banks have to actively explore new business channels,especially speed up the development of non interest businesses,and gradually form diversified income structure to adapt to the new normal economic situation.This paper first reviews the relevant literatures about commercial bank income diversification and business performance at home and abroad,according to the current research status of the issues raised in this paper;secondly,introduced the commercial bank diversified income structure theory,to define the commercial bank diversified income structure from multiple business scope of commercial banks.On the basis of this under the new economic norm,changes in the income structure of commercial banks,expounds the loan spreads narrowed and the proportion of non interest income increase mechanism of impact on the performance of commercial banks;third,respectively analyzes the status quo and development trend of China’s commercial bank interest income and non interest income from the two dimensions of the state-owned holding commercial banks and joint-stock commercial banks;finally,based on the related theory and data analysis,selecting 14 listed commercial banks,as a basis for the study of China’s commercial banks diversified income structure on the influence of the empirical performance of the.Due to the different degree of development,system of commercial bank assets scale and operation mode of the difference,this paper studies the state-owned commercial banks(theestablishment of diplomatic relations between the workers and peasants in the five large commercial banks and joint-stock commercial bank(Bohai,China Merchants,minsheng,pinan,Everbright,CITI,Shanghai Pudong,Societe Generale,Hengfeng bank,a total of nine shares commercial bank).The empirical analysis of sub system is used to study the effects of multiple income structure of two different institutional banks on business performance.Finally,relevant policy recommendations are put forward based on the conclusions drawn from the study.The main innovation of this paper is through the analysis of different system of listed commercial banks on multiple income structure influence mechanism on business performance,through the construction of a comprehensive management of commercial bank performance evaluation index system is started from the perspective of econometrics,the relationship between the use of a traditional econometric test method-Stationary test paper the two for a preliminary inspection and the follow-up model as reference,and then through the cointegration test,Grainger causality test and impulse response function gradually leads to model validation,finally concluded: in the short term,both for the state-owned commercial banks and joint-stock commercial banks,diversified income structure will produce positive for the performance of commercial banks,but with the non interest business,this effect tends to be not significant;If a holding commercial bank develops diversified businesses,its performance improvement is more significant than that of joint-stock commercial banks.In the long run,multiple income structure will have a negative impact on commercial banks,but its negative impact is not obvious.