存款市场竞争对农村商业银行信用风险的影响——基于商业银行流动性的视角

Influence of Deposit Market Competition on Credit Risk of Rural Commercial Banks——From the Perspective of Commercial Bank Liquidity

基于2015—2020年我国235家农村商业银行的样本数据,利用固定效应模型研究存款市场竞争对农村商业银行信用风险直接和间接的影响。研究发现:存款市场竞争的加剧会直接提高农村商业银行的信用风险;存款市场竞争可以通过影响农村商业银行的流动性间接提高信用风险;通过异质性分析发现,相较于国有农村商业银行,我国非国有农村商业银行中存款市场竞争与信用风险的正向关系更为显著;农村商业银行的盈利能力越高,存款市场竞争对其信用风险的负面影响越弱。

Based on the sample data of China’s 235 rural commercial banks from 2015 to 2020,this paper studied the direct and indirect effects of deposit market competition on the credit risk of rural commercial banks by using the fixed effect model.It was found that the deposit market competition was significantly positively correlated with the credit risk of rural commercial banks,e.g.,more deposit market competition,more risk.And the deposit market competition could indirectly affect credit risk by affecting the liquidity of rural commercial banks.Through heterogeneity analysis,it was showed that compared with state-owned rural commercial banks,the positive relationship between deposit market competition and credit risk was more significant in non-state-owned rural commercial banks.And the stronger the profitability of rural commercial bank,the weaker the negative impact of deposit market competition on its credit risk.