银行体系“黑洞”与储蓄替代型证券的发展——对我国居民储蓄分流问题的思考

Banking "black hole" and the development of securities which substitute saving—Reflection on personal deposit distributary

近年来,我国居民储蓄一直呈高速增长趋势,其形成的巨额居民储蓄存款构成了严重影响我国货币政策传导和宏观经济健康发展的银行体系"黑洞"。因此,居民储蓄分流问题成为我们面临的紧迫任务。放开经营界限、加快业务融合,加大创新力度、完善产品体系,完善法律法规、打破制度障碍,积极推进储蓄替代型证券的发展,不失为有效分流巨额居民储蓄、填充银行体系"黑洞"的重要措施。

In recent years,the personal deposits of our country have been showing a tendency of growing fast all the time,and the huge resident savings formed the banking 'black hole',which influenced monetary policy conducting and sound development of macroeconomy seriously.So, the question of personal deposits distributary becomes the urgent task facing us.Unloosening management limit,quickening business amalgamation,strengthening innovation,breaking system obstacles,and advancing the development of the securities which substituted saving actively can be regarded as the important measure distributing the huge personal deposits effectively and packing the banking 'black hole'.