Research On "Agriculture,Rural Areas Andfarmers Support Efficiency" And Its Influencing Factors Of Sichuan Rural Commercial Banks

In recent years,the Rural Credit System of Sichuan province holds on the idea of “To be the Sichuan people's own bank” firmly,it ranks first among financial institutions in Sichuan province in terms of deposit and loan stock and increment,it made great contributions to Sichuan province's targeted poverty alleviation and rural revitalization actually,effectively solving the financing problems of the “Agriculture,Rural Areas and Farmers(ARF)” and providing strong financial support for the development of Sichuan province.Although Rural Commercial Banks are new organizations in the this system,they have replaced the Rural Credit Cooperatives which are not reformed as the main component of the Rural Credit System and become the “Main Force” banks to promote the development of rural finance and economy in Sichuan.Now that Sichuan province is in a period of highquality development and poverty alleviation,the Rural Commercial Banks should seize the opportunity to invest more funds in the field of “ARF” so as to further improve their efficiency in supporting agriculture.Therefore,to research the current the ARF Support Efficiency”2 level of the Sichuan's Rural Commercial Banks and find out its influencing factors can provide an important basis for the Rural Commercial Banks to formulate more scientific ARF supporting policy and achieve sustainable development goals.On the basis of theoretical analysis,this paper collected data through questionnaires,field visits and other survey methods.First of all,in empirical research part,DEA model is used to calculate the annual Static ARF Support Efficiency of each sample bank from 2014 to 2017 first,the average value of each 4 year and each year's samples was calculated then,and the Rural Commercial Banks were classified into municipal and county-level Rural Commercial Banks so that horizontal comparative analysis was conducted on the ARF Support Efficiency after classification,followed by a comparative analysis of the ARF support efficiency value between the Rural Commercial Banks and the selected 10 Rural Credit Cooperatives,then Malmquist-DEA index is used to calculate the Dynamic ARF Support Efficiency in order to predict the future of the ARF Support Efficiency;then,this paper finds the internal and external influencing factors,the internal influencing factors include Total Assets,Shareholding Ratio of the Top 10 shareholders,Employee Shareholding Ratio,Return on Assets,and the Number of Agriculture-related Credit Products;External factors include the Local Gross Farm Production,the Annual per Capita Income of Local Farmers,and the panel TOBIT regression model is established to study the influence of these factors on Static ARF Support Efficiency;furthermore,this paper makes a case study of Sichuan Xingwen Shihai Rural Commercial Bank.The following conclusions are drawn from this study:(1)Rural Commercial Banks in Sichuan province have higher Static ARF Support Efficiency and smaller internal differences,far more than the unreformed Rural Credit Cooperatives in the same province on the whole.The Dynamic ARF Support efficiency is getting closer to 1;(2)The Static ARF Support Efficiency of Sichuan Rural Commercial Banks is positively affected by the Number of Agriculturerelated Credit Products and the Employee Shareholding Ratio,negatively affected by the Total Assets,the Shareholding Ratio of the Top 10 Shareholders and the Annual per Capita Income of Local Farmers,and not significantly affected by the Return on Assets and Local Gross Farm Production.Based on the above results,this paper puts forward the following Suggestions for Sichuan Rural Commercial Banks and even Sichuan Rural Credit system to improve the ARF Support Efficiency :(1)Each Rural Commercial Bank should adjust its management system and operation scale according to the difference between itself and the average level of the ARF Support Efficiency in the province;(2)Establish a system for evaluating the ARF Support Efficiency and accelerate the reform of Rural Credit Cooperatives;(3)Further develop diversified agricultural credit products;(4)Control the scale of assets well,strengthen internal operation and management;(5)Continue to optimize the equity structure and attach importance to the rights and interests of employees;(6)Adhere to the “Agriculture,Rural Areas and Farmer”,market,and actively carry out projects to benefit the people and society.