Research On The Pricing Mechanism Of Loan Interest Rate Of State-owned Commercial Banks

With the deepening interest rate liberalization(IRL)reforms in China,the core of credit operations for commercial banks has gradually become the credit interest rate pricing.Due to adopting IRL on a relatively shorter time as well as being regulated on a relatively longer time,commercial banks in China are inexperienced with credit interest rate pricing,which has severely affected the proceeding of its credit business.The scientifically sound pricing mechanism of credit interest rate is essential for commercial banks in China to thoroughly research so as to go global.This thesis emphasized on the research of the pricing mechanism of credit interest rate in China's state-owned commercial banks through professional interviews in a hierarchical level.The thesis investigated and analyzed the credit interest rate pricing management,credit interest rate pricing method,internal funds management mechanism loan prime rates(LPR)management and etc.by means of in-depth interviews and literature-collecting methods.Through summarizing and analyzing,bank Z,which is chosen as the sample of the analysis from all state-owned commercial banks,possesses a sound credit interest rate pricing mechanism and management,an advanced method on credit interest rate pricing,a scientific internal fund management mechanism,and has been being proceeding the reform of IRL in an orderly fashion,whereas a few issues are also existed,such as its insufficient flexible pricing,lack of professionals,a little progress,dissimilarity between exercising credit interest rate and calculative credit interest rate,limited loan products and lack of innovation.In terms of the issues above,the thesis suggests that an effective management mechanism of credit interest rate pricing in the new period should be established to transform the ineffective ways of interest rate pricing authorization;and a diverse classification of pricing management mechanism should be built up to meet the demands of comprehensive,innovative and pluralistic businesses;and a great attention should be paid to training professionals for pertinent business.;and an excessive LPR management should be implemented.