商业银行的核心功能:管理金融风险——兼论商业银行的未来

与其它金融机构一样 ,商业银行在资金融通过程中所创造的核心价值也是管理金融风险 ,但商业银行管理金融风险的特殊性在于它所采用的非标准化工具和风险内部化方式。管理金融风险是商业银行的核心功能 ,而支付中介、信用创造、金融服务等功能都只是其附属功能。商业银行的出路并不是混业经营或者开拓无风险中间业务 ,而是提高其管理金融风险的能力。由于巨大的金融风险需要通过商业银行来管理 ,所以中国商业银行具有极大的发展潜力。

The core value created by commercial banks as well as other financial institutions is managing financial risks. The special feature of commercial bank's risk management function is its non-standard instrument and risk endogenization process. The core function of commercial banks is managing financial risks, while other functions (including payment,credit creation,etc.)are only auxiliary.The future of commercial banks does not depend on whether or not they adopt universal banking or carry out riskless off-balance-sheet activities, but depend on their ability to manage financial risks.In China, there are a lot of financial risks to be managed by commercial banks, and,therefore,Chinese commercial banks have a great potential to develop.