Research On Financial Risk Assessment And Control Of Minsheng Bank Under The New Normal Of Economy

During the period of “The 13 th Five-Year Plan”,the most significant feature of China's economic development is entering new normal,with the economic growth rate gradually slowing down;economic structure requires the adjustment of stock and optimization of increment;the mode of development has been transforming into quality and efficiency.With the continuous development of financial markets in the new normal,commercial banks,as an important part of the financial system,are facing increasing severe challenges.The development of Internet finance has also led to a reduction in commercial banks' traditional loan business.With the marketization of interest rates,interest spread has been continuously narrowing.Because of the structural imbalances in the real economy,commercial banks' non-performing loan ratio increases significantly.In addition to the increasing stringent financial supervision and deleveraging,the financial risks commercial banks encountered have been paid close attention by academics and practitioners.The central economic work conference in 2017 clearly put preventing and defusing major risks at the top of the "three major battles",with the focus on preventing and controlling the risk of abnormal fluctuations in the financial market.In view of the current new economic form,China's banking industry should adhere to the basic idea of structural deleveraging,implement the fundamental measures to serve the development of the real economy,and achieve high-quality economic growth under the new normal.Faced with changes in the macroeconomic environment,commercial banks are under increasing pressure to effectively prevent and reasonably defuse financial risks.China Minsheng Bank is the first joint-stock commercial bank with private capital as its main part in China.With China's banking industry entering a new normal,the "Phoenix plan" was officially launched in June 2015.As a "pilot field of China's banking reform",the bank continued to actively respond to various challenges brought about by changes in the internal and external environment,and promoted the transformation of the bank's business development mode and business management mode.Based on the background of the new normal,this paper first analyzes the challenges faced by Minsheng Bank's financial stability from four new features: the rise of Internet finance,the slowdown of economic growth,the acceleration of interest rate marketization and the increase of financial supervision.On this basis,following the regulatory requirements of China Banking Regulatory Commission and other regulatory departments and the Basel Accord,then selects representative financial risk evaluation index from the four dimensions,including capital risk,asset quality risk,profitability risk and liquidity risk.In addition,the entropy weight method is used to evaluate the index objectively,TOPSIS multi-attribute decision-making method is combined to establish thefinancial risk evaluation system for China Mingsheng Bank.Calculate the comprehensive score and ranking of financial index data from 2008 to 2018,and then make a detailed comparative analysis according to the index score and ranking of each dimension.The results can directly reflect the comprehensive financial risk resistance of commercial Banks and their position in the industry.The empirical results show that,compared with other 16 commercial banks,Minsheng Bank's ability to resist financial risks is at a lower level,especially in the face of capital risks with lower capital adequacy ratio and asset quality risks with rising non-performing loan ratio.Finally,sixteen listed joint-stock including China Mingsheng Bank,are selected as a sample for comparative analysis,and corresponding measures are put forward for China Minsheng Bank to effectively control financial risks.