基于宏观角度的商业银行流动性过剩分析

Analyses on Causes of the Excessive Liquidity of Commercial Banks from Macro-industry Standpoint

2000年以来,我国金融机构存贷差持续扩大,商业银行超额存款准备金长期高企,商业银行流动性资产过剩问题开始凸显。从宏观行业的角度,运用定性和定量分析相结合的方法,发现外汇占款的增长迅猛、银行间企业直接融资工具的发展、不良贷款的剥离、现金需求比率的下降以及证券市场的长期低迷是引发我国银行业存贷差持续上升的主要原因。

Since 2000, the loan- deposit gap of Chinese financial institutions has been enlarged continuously, and the amount of commercial banks＇ excessive reserve assets is also maintained on a relative high level. Against such background, the issue of excessive liquidity within banking industry began to be a prominent issue in China＇s financial operation. From macro- industry standpoint and using the ways of quantitative and qualitative analyses, this paper draws the conclusion that the increasing of foreign exchange reserve, the development of inter- bank direct financing instruments, the decrease of cash demand ratio, the peeling of banks＇ non - performing loans and the sags of stock markets are the main causes of the excessive liquidity of Chinese commerciai Banks.