Research On The Relationship Between Interbank Liabilities And Commercial Bank Risk Taking

In 2020,China was seriously affected by the epidemic in not only the real economy,but also the financial industry.The bottom line of no systemic financial risk can be held in the strike,which is mainly due to the fact that the corresponding regulatory authorities have not relaxed the supervision of interbank business in the past few years.However,we should also see that at present,many banks still obtain funds through some innovative interbank liabilities to facilitate their escape from supervision.In this process,it often goes against the original intention of the bank,which makes the ability of the bank to serve the real economy decline greatly.Therefore,it is very necessary to study the interbank business,especially the liability side business.Based on the above background,this paper makes an in-depth study on interbank liability business.The main contributions of this paper are as follows:most of the previous studies did not classify the interbank liabilities,and most of the studies on the corresponding topics were limited to linear and listed bank samples.Based on this situation,from the perspective of non-linear,this paper extends the sample data to non listed banks,and regresses the classification of inter-bank liabilities,so as to better explore the impact of different types of inter-bank liabilities on bank risk-taking.This paper first makes a preliminary analysis of the overall situation of China’s banking industry,and draws the conclusion that the proportion of interbank liabilities in China is increasing,while the proportion of deposits is slowly decreasing.On this basis,this paper makes a comprehensive analysis of the data of China’s listed banks.Through the data analysis of each part of interbank liabilities,this paper obtains the overall trend of the proportion of each part of interbank liabilities of listed banks in China.The results are consistent with the fact that China’s banking industry is increasing the proportion of innovative inter-bank liabilities in order to avoid regulation.Then,this paper makes regression analysis on the data of 109 banks.It is concluded that the impact of different types of interbank liabilities on bank risk-taking presents an inverted U-shape.On the left side of the inflection point,the proportion of inter-bank liabilities increases,and the bank’s risk-taking decreases.On the right side of the inflection point,the proportion of inter-bank liabilities increases,and bank risk-taking increases.In addition,different types of banks will also have heterogeneity on bank risk-taking behavior.Based on the above regression results,this paper puts forward corresponding suggestions from the three main aspects of banks,regulatory authorities and the central bank,so as to better supervise the interbank liability business of banks.