中国上市银行票据贴现业务的行业角色、运营效率与启示

China's listed bank bill discount business:Its financing capacity,operation efficiency and indicative lessons

2009年,中国上市银行票据承兑与贴现业务在较好地发挥支持和调节信贷投放作用的同时也获得了良好的收益。该文对中国14家上市银行2009年年度报告中披露的有关票据业务数据进行了系统的比较分析后发现,在票据产业链中中小型银行更侧重于发挥签票承兑的票源供应商的角色,大型银行更侧重于发挥票据贴现的融资供应商角色;同时,中小型银行票据贴现业务的收益率和运营效率相对较高。以此为基础,文章总结了商业银行开展票据业务的主要经营模式,并提出了票据业务发展的对策建议。

In 2009,the bill acceptance and discount business of listed banks yielded good returns while playing the role of supporting China＇s credit loan placements.This paper collects and analyzes the bill-rated data from the 2009 annual reports of 14 listed banks,and finds that small and medium banks mainly play the role of bill suppliers for acceptance in the bill industry,while large banks are the main financing suppliers for bill discount.Meanwhile,the rates of return and operating efficiency of small and medium banks＇ bill discount business are comparatively high.Based on this,the paper summarizes the major operating modes of commercial banks＇ bill business,and suggests countermeasures for the development of the bill business.