The Research On Non-interest Income Business And Performance Of Joint-equity Commercial Banks In China

After nearly 30 years of development,the overall non-interest income of China's commercial banks has made a big progress.The development of non-interest business of joint-stock commercial banks in the past 10 years has entered a new stage.In the 2017 annual report,the total non-interest income of 8 joint-stock commercial banks reached385.81 billion yuan,and the proportion of non-interest income to operating income has reached 35%,which is slowly approaching 40%-50% of commercial banks in developed countries,which is closely related to the completion of China's interest rate marketization and the deepening of financial disintermediation in recent years.In the future,this situation will further strengthen the competitive situation of domestic commercial banks and squeeze the profit margin of traditional interest business.The measures that commercial banks can take are to diversify their business.But for joint-stock commercial banks,is the development of non-interest business really able to contribute to the bank's operating performance? How should non-interest business be developed? It is an urgent problem that joint-stock commercial banks are now facing.In order to answer the above questions,this paper first elaborates on the theories involved in the topic,including the definition of non-interest income,bank's business performance and the theoretical support for the development of non-interest business.Then,by looking up the financial data of the bank,it describes the development status of the non-interest business of 8 joint-stock commercial banks in China: most of the operating income still comes from the deposit and loan interest business,and the total non-interest income and proportion of each non-interest income increase year by year,but Due to the characteristics of each joint-stock commercial bank and the different asset scales,the degree of development of non-interest business varies greatly,and the fee and commission income become the main source of income for non-interest business.Then it is the main part of the thesis.This paper selects the panel data of 8 joint-stock commercial banks between 2010 and 2017,and analyzes the relationship between non-interest income and its composition and business performance.According to the regression results,(1)the proportion of non-interest income of joint-stock commercial banks has no obvious correlation with business performance;(2)the proportion of fee and commission income,the proportion of investment income and the proportion of the remaining sums all has a positive impact on the business performance;(3)the cost and expense ratio is negatively correlated with the performance of the joint-stock commercial bank;Finally,based on the theoretical and empirical analysis,the paper provides suggestions on how the joint-stock commercial bank develops non-interest business.