Credit Reporting System,Credit Risk And Liquidity Creation Of Commercial Banks

As an important financial infrastructure,the development of Credit Reporting System can largely solve the problem of Information Asymmetry between Banks and customers in the loan process of commercial Banks and reduce the credit risk of commercial Banks.Credit risk also has an impact on the Liquidity Creation of Commercial Banks,so Credit Reporting system Construction plays an important role in the Liquidity Creation through Credit risk.Under the background of the current governnent vigorously advocating the Credit Reporting System construction,the research on the influence of Credit Reporting System construction on the Liquidity Creation of Commercial Banks is not only examines achievements of the Credit Reporting System over the years,but also show clearly a direction for the following Credit Reporting System construction.Firstly,on the basis of reviewing the literature of previous scholars,this paper summarizes the definition of Liquidity Creation of Commercial Banks and its influencing factors,and summarizes the impact of Credit Reporting System construction construction on the credit of commercial Banks,including Debt Scale and Credit risk.Then this paper expounds the Credit Reporting System construction construction of the European and Anerican countries and China,lists the comnercial bank liquidity created by measuring method,considering measure their own advantages and China's commercial Banks,on the basis of the balance sheet structure,it is concluded that suits the situation of our country's Liquidity Creation measure method,and the indicators calculated by our country comnercial bank liquidity to create value and growth on the basis of the comparison analysis;Then,in reference to the previous scholars on credit development indicators,mainly including Credit Development Index,Credit Depth Index and Credit Breadth Index,and put forward the research hypothesis of this study;Finally,construct a test model of the mediating effect between Credit Construction,Credit Risk and Commercial Liquidity Creation,and the systematic GMM is used to estimate the mediating effect and draw a conclusion.The main conclusions of this paper are as follows:Firstlyi in terms of the value of commercial liquidity creation,the value of eonmercial bank Liquidity Creation keeps rising in the sample year;In terms of growth rate,the growth rate of liquidity creation of urban commercial Banks is the highest,that of large state-owned Banks is the lowest,and that of joint-stock commercial Banks 1s between the two.In terms of contribution rate,the contribution rate of liquidity creation of large state-owned Banks is the highest,that of urban commercial Banks and rural commercial Banks is the lowest,and that of joint-stock commercial Banks is in the middle.Secondly,from the perspective of credit development index,credit construction has a negative effect on the liquldity of commercial Banks,and the model test shows that credit risk is positively correlated with the liquidity creation of commercial Banks,that is,the intermediary effect of credit construction on the liquidity creation of commercial Banks through credit risk exists.Thirdly,from the perspective of the sub-index of credit development,the Credit Breadth Index shows an inverse relationship with commercial Banks,while the Credit Depth Index has a positive correlation with the liquidity creation of commercial Banks.By connecting with the overall index,it can be concluded that most of the credit construction in China is expanding in breadth,while the depth index still needs to be deepened.The main significance of the theoretical research and empirical research in this paper is as follows:(1)Firstly,it researches the intermediary effect among Credit Reporting System construction,Credit Risk and Liquidity Creation of commercial Banks,which enriches the research content in this aspect;(2)Secondly,it examines the actual achievements of China's Credit Reporting System construction and points out the direction for the next step of China's Credit Reporting System construction.