Research On The Leverage Risk Of My Country's Commercial Banks Under The Framework Of Macro-prudential Supervision

The macro-prudential supervision framework is the main regulatory principle and basis for the financial systemic risks of the international community today,and it is also the main means of monitoring the leverage risk in the post-crisis era.Starting from the theoretical basis,this paper studies the leverage risk of China's commercial banks under the framework of macro-prudential supervision,and makes certain judgments on the development,operation and future development trend of China's commercial banks' leverage level.At the same time,it mentions that commercial banks have leverage and periodicity and assets.The problem of debt maturity mismatch and asset externalization,and empirical analysis to verify the above-mentioned commercial bank leverage problem,explore the impact of commercial bank leverage risk on commercial bank stability,the conclusion is: First,China's commercial banks have obvious leverage periodicity,which the bank's static leverage and dynamic leverage level will show significant pro-cyclicality in the economic development direction under different economic cycles.Second,the leverage level of China's commercial banks and the maturity gap of asset-liability maturity are significantly negative.Relatively,commercial banks excessively release financial leverage in order to obtain higher spread income,leading to an increase in the maturity gap between assets and liabilities,that is,the source of funds does not meet the utilization of funds,and the maturity of maturity is deepened.Third,the assets of commercial banks are not listed.Deepening the degree of regulation,the balance of off-balance sheet assets,The leverage of the bank is expanded to expand the off-balance sheet assets,and the risk exposure of the off-balance sheet is aggravated.Fourth,leverage issues such as leverage,periodic mismatch,and asset externalization will worsen the leverage risk and seriously affect the normal and stable operation of commercial banks.The existence of financial fragility,once the external economic environment being abrupt,high-leverage commercial banks will have a bankruptcy crisis due to insufficient core capital,coupled with the correlation between financial institutions,being easy to induce systemic financial risks.Finally,combining with international content on the macro-prudential supervision,according to the empirical analyzing results,the actual development of China's banking industry and macro-prudential regulation framework actual situation proposed consummates our country commercial bank leverage risk regulatory policies and measures,clears commercial banks leverage risk identification and avoids systemic risk.