国有商业银行股份制改革成效评析

Comment and Analysis on the Achievement of Shareholding System Reform of State-owned Commercial Bank

2003年启动的国有商业银行新一轮财务重组和股份制改革取得了令人瞩目的成功,随着三大国有商业银行的上市,我国银行业整体的稳健性和市场竞争力得到很大的提高。本文首先通过构造商业银行综合财务实力的评分体系,将国有商业银行的财务重组和股份制改造置于国际银行业的大背景中和改革前后8年内,进行横向和纵向比较分析。其后,分析了我国国有商业银行财务实力迅速提高的两个特殊原因。数据表明我国银行业改革成效显著,但对财务实力短期内的大幅改善需辩证地看待,完善银行公司治理机制仍然任重而道远。

There is a considerable success when it comes to the new-round reorganization and shareholding reform of the state-owned commercial banks that began in 2003.After the biggest three state-owned commercial banks got listed,the robustness and competitiveness of China＇s banking industry have been greatly improved.Via constructing a comprehensive scores system,we conduct a comparative analysis between native and international banks,as well as between different financial periods.Then,we analyze two special factors,which contributed to the great improvement of the state-owned commercial banks＇ financial status.Data suggests that reform of this round is a great success.Meanwhile,from a dialectical perspective,a more important task is still on the way,which is to improve commercial bank＇s corporate governance mechanism.