商业银行经济周期弱敏感战略研究

Theoretical Considerations on the Weak Cyclical Sensitivity Strategy for Commercial Banks

中国金融体系以银行为主导,打造中国特色现代金融体系的前提和基础也必然依赖于银行体系的稳定发展和转型。文章基于商业银行顺周期性的固有特征首次提出了经济周期弱敏感这一经营发展理念。以银行业顺周期的成因作为切入点,文章提出要实现经济周期弱敏感,就需要从缓解信息不对称下的金融摩擦、金融机构的有限理性等问题入手。结合当前我国经济发展阶段和银行业现状,文章从商业银行的经营实际出发,提出了通过高质量发展普惠金融、优化行业资产配置、改善营收结构来实现经济周期弱敏感的主要措施,讨论了相关措施的作用机制和生效前提条件。研究为新时代商业银行实现稳健经营提供了具体的政策建议,也为打造中国特色现代金融体系、建设金融强国提供了有意义的思考。

China's financial system has traditionally been dominated by banks.The prerequisite and foundation for constructing a modern financial system with Chinese characteristics inevitably hinge on the stable development and transformation of the banking system.Addressing the inherent pro-cyclicality of commercial banks,this paper introduces the concept of weak cyclical sensitivity for the first time.To achieve weak cyclical sensitivity,it is essential to mitigate financial frictions arising from information asymmetry and the limited rationality of financial institutions.This approach takes into account the current stage of China's economic development and the status of the banking industry.Key measures proposed include the development of inclusive finance,optimization of asset allocation within the industry,and improvement of the revenue structure.The paper also explores the mechanisms of these measures and the prerequisites for their effectiveness.The research presented provides specific policy recommendations for commercial banks to ensure sound operations in this new era.Additionally,it offers insightful considerations for the creation of a modern financial system with Chinese characteristics and the establishment of a financial powerhouse.