利率市场化对城商行的影响:基于净利差率的实证分析

The Impact of Interest Rate Liberalization on City Commercial Banks: Empirical Analysis Based on Net Interest Margins

本文运用HO-Saunders模型实证分析了利率市场化对城商行的影响。结果显示,利率市场化对城商行带来了一系列影响:资产质量有所提升;利率风险加大,城商行风险管理水平面临挑战;定价能力有所提升;储备的机会成本降低,短期内流动性风险增加;吸储成本提高,存款竞争压力增大。要应对挑战,城商行应从加强资产质量管理、完善利率风险管理体系、构建有效定价机制、实现多元化发展等方面入手。

The impact of interest rate hberalization on City Commercial Banks is evaluated based on the HO-Saunders Model in this paper. It is found that, the interest rate liberalization improves City Commercial Banks＂ quality of assets, increases the interest rate risk and challenge the interest rate risk management ability, improves the ability of pricing, reduces the opportunity cost of saving and increases the liquidity risk in the in the short term, raises the cost of deposits and increase the deposits competition. To deal with the challenge of interest rate liberalization, City Commercial Banks should enhance the asset management, improve the interest rate risk management system, build effective pricing mechanism and achieve diversified development.