Research On Asset-liability Structure Allocation Of Commercial Banks Under The Framework Of Double-pillar Regulation

As the core of financial market,commercial banks play a vital role in the development of modern economy.With China's economic development entering a "new normal" and supply-side reform upgrading,under the framework of double-pillar regulation and control,how to rationally arrange the total amount and structure of assets and liabilities of commercial banks to achieve the goal of three-dimensional balance poses a great challenge.Based on a large number of existing literature,this paper uses quantitative calculation and qualitative description research methods,according to theoretical research,current situation analysis,put forward problems,model construction and summarize the ideas of suggestions for research and analysis.Generally speaking,assets and liabilities management of commercial banks in China has gone through five development stages from the initial formation to the present stage.Through comparative study,this paper finds the similarities and differences between the Dual-Pillar regulatory framework and the asset-liability structure of commercial banks during the 12 th and 13 th Five-Year Plan period,and reveals the existing problems.In order to solve these problems,based on the Dual-Pillar regulatory framework,this paper selects 18 listed banks as research samples,constructs a multi-objective programming model with the minimum deviation of macro Prudential capital adequacy ratio,liquidity ratio and net interest income,and chooses the typical indicators in the Dual-Pillar as constraints,calculates and obtains six kinds of indicators.Assets and liabilities structure tables with different priorities are analyzed from two different dimensions.An analysis dimension is based on the calculation results of the planning model,which shows that the three target indicators will directly affect the results of asset-liability structure allocation of commercial banks under different priorities.Another dimension of analysis is based on the binding effect of the two-pillar regulatory framework.Under the non-two-pillar regulatory framework,the business environment of commercial banks is relatively loose,and the constraints faced by commercial banks are less,while under the two-pillar regulatory framework,commercial banks face more constraints.Relatively speaking,the binding effect of monetary policy is relative.Loose,while the macro Prudential policy in the broad sense of credit,macro Prudential capital adequacy ratio indicators from the total size,asset structure allocation and other aspects,the asset-liability structure of commercial banks plays a strong role in restraining the allocation.According to the research results of this paper,this paper puts forward corresponding suggestions from three aspects: improving management awareness,optimizing management methods and enriching management means,and puts forward concrete and implementable measures in each aspect.