Research On The Efficiency Of The "lightweight" Transformation Of Commercial Banks

With the implementation of the new capital agreement,the continuous advancement of interest rate marketization,the rapid development of financial disintermediation,the supply-side structural reforms,the rapid changes in the capital market,and the increase in the level of customer demand diversification,in this macro background,Large commercial banks have eliminated the advantages of traditional businesses in the interbank market,and strategic transformation and business product innovation will become inevitable.Therefore,major domestic commercial banks should actively carry out the "lightweight" transformation,improve the competitiveness of commercial banks in the same industry,and achieve sustainable,stable and healthy development.China Merchants Bank is a leader in my country's joint-stock commercial banks,and has been repeatedly rated as the "National Best Retail Bank" by "Asian Banker".In 2014,China Merchants Bank took the lead in clearly proposing the "One Body Two Wings" strategy and the "Light Bank" strategy,marking the official start of its "lightweight" transformation.Studying its "lightweight" transformation efficiency is not only conducive to its own stable,healthy and sustainable development.It has great practical significance even for the stable,healthy and sustainable development of the entire banking industry and even the macro economy.This article first introduces the overview of China Merchants Bank and the development process of its implementation of "lightweight" transformation,and conducts an overview of the "lightweight" transformation of China Merchants Bank from three perspectives: "light assets","light income" and "light operation" Analysis;and then use the DEA-Malmquist index analysis method to conduct static and dynamic calculations of the "lightweight" transformation efficiency of 8 joint-stock commercial banks including China Merchants Bank and 5 state-owned banks,and focus on integrating China Merchants Bank with other commercial banks Conduct a comparative analysis;finally,on this basis,the Tobit regression model is used toanalyze the influencing factors of China Merchants Bank's "lightweight" transformation efficiency.The main conclusions drawn in this article are: First,China Merchants Bank has achieved certain results in terms of "light assets","light income" and "light operations",but there are also some problems,such as its non-performing loan ratio The room for improvement of control and profitability;second,the overall performance of China Merchants Bank's DEA static efficiency is relatively good,but the improvement of its Malmquist index is poor among all sample joint-stock commercial banks;third,the return on net assets,capital adequacy ratio,The proportion of non-interest income,the loan-to-deposit ratio and the fixed asset turnover ratio have a significant positive impact on the improvement of China Merchants Bank's overall technical efficiency.Based on the above conclusions,this article proposes the following countermeasures for China Merchants Bank: first,strengthen risk analysis and control capabilities;second,develop financial technology and promote technological progress;third,take into account pure technical efficiency and scale efficiency.