Measurement Of Credit Risk Of Listed Commercial Banks In Interest Rate Market

Interest rate marketization is the core of financial industry liberalization reform,but also a milestone reform measures,which plays an important role in the development of financial industry and even economic growth.On the one hand,interest rate marketization improves the ability of financial institutions to make independent decisions,which is conducive to optimizing the allocation of resources and promoting economic development;on the other hand,due to the development of interest rate marketization,the net profit margin of commercial banks is shrinking,while banks are also facing the challenges of frequent fluctuations in interest rates and increased competition among peers.In order to ensure the stable operation of banks,banks must adjust their business structure to meet the needs of development under the new situation,which will affect commercial banks to some extent Credit risk.Therefore,it is of great practical significance for banks to avoid credit risk by analyzing the influence of interest rate marketization on credit risk of commercial banks.Based on the data of 16 listed commercial banks from 2008 to 2018 as a sample,the dynamic panel model is constructed,and the credit risk of listed commercial banks in the reform of interest rate marketization is analyzed by using GMM method of system moment estimation.Finally,the conclusion is drawn:first,the aggravation of interest rate marketization improves the credit risk level of listed commercial banks Second,the credit risk of commercial banks has a strong short-term positive effect,and the credit risk level of the current period will increase with the improvement of the credit risk level of the previous period.Third,the larger the bank assets,the larger the broad money supply,the level of credit risk of commercial banks The higher.In order to better face the challenges brought by the reform of interest rate marketization and do a good job in the prevention and control of the risks of listed commercial credit,on the one hand,regulators should further standardize the guidance and management of interest rate marketization and strengthen the supervision of credit risk of listed commercial banks.On the other hand,listed commercial banks should speed up the adjustment of business structure and strengthen their own credit risk management to meet the requirements of interest rate marketization.supervision of credit risk of listed commercial banks.On the other hand,the listed commercial banks should speed up the adjustment of business structure to meet the requirements of interest rate marketization,and strengthen their own credit risk management.