Research On Impact Of Interbank Business On Bank Liquidity Risk

In the operation and management of commercial banks,inter-bank business is an important means for financing funds,balancing positions,obtaining short-term liquidity and realizing optimal allocation of assets and liabilities.In a specific period,due to changes in the external market environment and regulatory environment,inter-bank business has been pursued and favored by commercial banks,and it has gradually changed from a tool for risk management and asset and liability management to an important means for commercial banks to make profits.Among many commercial banks,Industrial Bank has won the title of "King of the Industry" for its amazing inter-bank business scale.However,due to its mismanagement in inter-bank business,it fell into a liquidity crisis and triggered the vicious event of "money shortage" in 2013,which sounded the alarm for the whole banking community.On the basis of relevant researches at home and abroad,this thesis selects Industrial Bank,one of the earliest developed inter-bank business in China,as the case study object,combines the development overview and characteristics of Industrial Bank inter-bank business,and carries out relevant analysis from the perspective of the impact of its inter-bank business on liquidity risk.The first chapter introduces the research background and significance,research status at home and abroad,research ideas,methods and content,innovation points and shortcomings.The second chapter is about the concept and theory of inter-bank business and liquidity risk.The third chapter is the case analysis.Firstly,the background of the case is introduced,and then the development of Industrial Bank’s inter-bank business is analyzed one by one from the perspective of inter-bank assets business and inter-bank liabilities business.Based on the data of 44 quarters from 2011 to2021,it is found that buy-resale financial assets account for the largest proportion in Industrial Bank’s inter-bank asset composition.In the composition of interbank liabilities,interbank deposits account for the largest proportion,and in the past 11 years,the scale of Industrial Bank’s interbank liabilities has always been higher than the scale of interbank assets.Then,it compares Industrial Bank with the average level of the industry in terms of loan-to-deposit ratio,liquidity ratio and liquidity coverage ratio.It is found that the liquidity risk of Industrial Bank was the most severe period when the "cash shortage" happened.After 2015,the liquidity of Industrial Bank gradually improved,but since 2020,the liquidity risk of Industrial Bank may have hidden dangers.On the basis of this analysis,in the empirical part of Chapter 4,the TOPSIS analysis method is used to calculate the liquidity risk score first,then variable indicators are determined,Stata17 is used for regression analysis,empirical results are obtained,and factors that have a significant impact on the liquidity risk of Industrial Bank are found.They are respectively the proportion of funds sold out,the proportion of assets bought and resold,and the proportion of funds borrowed.Chapter 5 is countermeasures and suggestions.Specific countermeasures are put forward respectively from the perspective of macro supervision and bank management.It is hoped to provide ideas for the future development of Industrial Bank inter-bank business.