The Effect Of Bank Merger And Reorganization Policy Under The Background Of Rural Financial System Reform Research

In the context of rural financial system reform and in order to improve the capacity of rural small-and medium-sized financial institutions to serve the real economy,the state has issued a series of financial reform opinions to promote the merger and restructuring process in recent years,with special reference for the need to treat the reform of agricultural commercial banks differently.Since 2018,agricultural commercial banks have always been on the path of deepening reform under a distinct positioning of supporting agriculture and small businesses,but there are drawbacks in the reform and development,such as small asset scale and information technology that needs to be improved,which cannot effectively implement the rural revitalization strategy and policies related to serving smalland medium-sized enterprises(SMEs).Due to the instinct of self-help and policy guidance,intra-regional mergers and reorganizations form a necessary path for the strategic transformation of agricultural banks.However,whether such a policy can help improve and enhance the operating performance and comprehensive strength of local agricultural banks and better serve the “three rural areas” and SMEs and micro-enterprises in the context of rural financial system reform is a major question worthy of consideration by scholars and financial workers.From the theories related to merger and restructuring and public policy implementation,this paper applies the empirical research method and focuses on the logic of “definition of indicators-policy objectives-specific analysis –conclusion”.First,based on domestic and foreign scholars’ research,we summarize and sort out the motives,reasons,performance studies,and empirical papers on rural financial system reform and merger and restructuring policy implementation.Second,we introduce the research method used in this paper and explain the related concepts and theoretical foundations.Finally,financial analysis and data envelopment analysis(DEA)are used to introduce the data of four non-merged and restructured agricultural commercial banks in Yibin City during the same period,and the effect of “increasing the volume,expanding the surface,and reducing the price” of rural loans and SME and micro-enterprise loans are combined to analyze the effect of the implementation of rural financial system reform from three dimensions,including the bank’s perspective,the service object’s perspective,and typical cases.According to this study,Yibin Agricultural and Commercial Bank’s government-promoted merger and restructuring policy has optimized its risk management,liquidity,profitability,and development capabilities to different degrees,improved its technical efficiency,scale efficiency,and overall efficiency to different degrees,Improve and enhance the basic capacity and efficiency of services for the "three rural areas" and small and micro enterprises,and continuously increased its investment in “three rural areas” and SMEs and micro-enterprises.The policy objectives have been effectively achieved,helping out a long-term development strategy.This not only allows enterprises to attain their financial needs,but also optimizes the ecological layout of Yibin Agricultural and Commercial Bank,so that the banking system can serve the local real economy in a more capable and sustainable way.Based on the above analyses and conclusions,this paper puts forward suggestions related to the merger and restructuring policy implementation in the context of rural financial system reform based on the Smith model and around four aspects: policy,implementation subject,service object and policy environment.The goal is to better promote the completion and optimization of rural financial system modernization.