金融危机下中国银行业流动性风险的防范──以资产市场价格波动为视角

Protection of Liquidity Risk for Banking Industry in China

2007年以来,源于美国次贷市场的金融危机迅速深化和蔓延,造成欧美大批金融机构严重亏损,一些欧美的商业银行和国际投资银行因流动性问题已经或即将面临倒闭风险,而资产价格泡沫破灭是导致这场银行业流动性危机的根源。由次贷危机引起的金融危机对银行业流动性风险管理提出了新的挑战,该文从资产市场价格波动的角度来进行探讨,加强对中国银行业流动性风险的防范。

Since 2007, the financial crisis stemming from sub - mortgage market in the United States has deepened and spread rapidly, causing a large number of financial institutions in Europe and the United States a serious loss. A number of European and American commercial banks and international investment banks have been bankrupt or will soon face the same fate because of liquidity problems and the bubble bursting of assets price in the banking sector is the root cause of this liquidity crisis. This financial crisis has posed a new challenge to the liquidity risk management in banking industry. This article suggests several protective measures for liquidity risk management from the perspective of the price fluctuation in the assets market.