The Impact Of Non-interest Income On Bank Operating Performance Under The New Asset Management Regulations

At present,the reform of interest rate marketization has been deepened,and in the 2019 government work report," deepening the reform of interest rate marketization,reducing the real interest rate." The impact of interest rate marketization on banks is that the pressure of narrow net interest margin collection,the fierce competition among banks,the decline of loan interest rate has reduced interest income,and the increase of deposit interest rate has increased the operating cost,which has led to the sharp decline of profitability of banks relying on traditional deposit and loan business due to the influence of interest rate fluctuation.In addition,the process of financial marketization and the rise of Internet finance,the accelerated evolution of financial disintermediation,the relatively low importance of commercial banks in financial intermediation,the gradual decline in the attractiveness of deposits and the dependence of enterprise financing,all these improve the cost of bank liabilities,reduce the stability of funds,and increase the difficulty of liquidity management.Facing the above situation,the bank began to make strategic changes to reduce their traditional net interest income and increase the proportion of non-interest income.The importance of non-interest income in improving operating income,profit and overall risk management is becoming more and more prominent.The introduction of the new rules will regulate the capital management of banks and bring about a tightening effect on bank financing in the short term,which will reduce the non-interest income of banks,adjust the business structure and affect the operating performance.Based on the above situation,the research on the influence of the development of non-interest income under the new regulation on the bank’s operating performance can provide some reference for the bank to carry out the non-interest income.By using qualitative and quantitative methods,this paper analyzes the changes of banks and the impact of non-interest income on bank performance under the new regulation.First of all,the characteristics of non-interest income,non-interest Income and bank performance related theory.Then it analyzes the impact of the new capital management regulations on the wealth management business,and finds that the reduction in the scale of bank wealth management,the reduction in the rate of return,the conversion of net worth,etc.These changes will correspondingly reduce the non-interest income of the bank,and bring about capital pressure and bad risks to the bank,to promote the development of other non-interest income items and business norms and transformation.Next,this paper selects 12 joint-stock commercial banks in 2010-2019 available data to analyze the status quo of bank operations and non-interest income,it is found that joint-stock banks have sufficient capital,good asset quality,strong liquidity,and need to strengthen cost control in the near future,while the rate of return on assets first decreases and then increases,mainly affected by the decline in net interest income,the increase of non-interest income should have a positive effect on the performance of banks,but the proportion is low and the effect is not obvious.In addition,the development of non-interest income of joint-stock banks,fees and commission income of a large proportion of the impact of the new asset management significantly.Finally,we choose suitable samples and data to carry on the Quantitative analysis to the joint-stock Commercial Bank,through the descriptive statistics and the regression analysis,further finds out the non-interest income to the bank operating performance influence relations,and carries on the verification,it is found that the increase of non-interest income has a positive effect on the performance of banks,but it is not obvious.The results show that the development of non-interest income can improve the performance of banks,but to play a positive role may also need to increase the proportion of non-interest income;The impact of the new rules on fees and commissions in the short term also shows that the structure of non-interest income may not be diversified and balanced enough.Based on the above,some suggestions are given,such as increasing the proportion of non-interest income,promoting product innovation,adjusting and optimizing the structure,strengthening management and wind control,borrowing technology and training talents.