我国村镇银行发展过程中存在问题及对策讨论

近年来,随着我国农村经济的发展,村镇银行应运而生。村镇银行的发展不仅有利于推动我国农村经济的繁荣和城乡差距的缩小,也能够有效解决农村资金短缺问题。但村镇银行在发展过程中也暴露出一系列问题。因此,从村镇银行的发展历史出发,指出当前我国村镇银行发展的制约因素并提出相关对策建议,希望能为我国村镇银行的发展提供有意义的参考。     

中资银行海外并购后的整合问题研究

海外并购作为公认的能够快速调整海外资产收入结构和利润结构的手段,如今已经获得越来越多中资银行的肯定。近几年来,由于全球经济危机所导致的海外并购成本的降低更为中资银行提供了绝佳的动作机会。然而,在跨越了资金和政策等方面的并购鸿沟后,并购后的整合问题开始逐渐浮出水面。本文在总结分析我国银行国外并购整合的现有问题基础上,分三个方面对于中资银行海外并购后的整合提出具体的指导建议。     

信用风险缓释工具在商业银行中的风险缓释效果研究

对13家美国银行的年度面板数据进行量化分析发现:信用风险缓释工具的使用并不直接表现出风险加权资产及整体银行风险的下降,而是表现为在风险一定的情况下银行可以发放更多的贷款.在剔除了过度投机因素后,银行可增加约63％的目标贷款额.     

次贷危机以来中央银行的作为——对中美两国央行资产负债表的考察和分析

随着次贷危机及之后蔓延全球的金融危机不断发展,对危机的研究也从不同角度展开。由于中央银行是负责一国货币政策的政府部门,也是危机中能够做出迅速有力反应的机构,因此对中央银行的研究非常重要。本文以中、美两国的中央银行作为观察对象,以它们的资产负债表作为切入点,研究中央银行在危机以来的行为。本文首先对2007年以来两国中央银行资产负债表的基本情况进行观察;然后对两个央行的资产负债表中所表现出的一些特征进行分析;进而对形成这些特征的原因及相关问题进行深入的探讨;最后对全文进行总结。     

The life and death of the Australian permanent building societies

Throughout the nineteenth and twentieth centuries permanent building societies have been important providers of housing finance in Australia. Despite their long history Australian building societies have been disappearing at a steady rate since the early 1980s as they have converted into banks or become involved in mergers. The purpose of this paper is to give a background account of the history of Australian building societies and put forward explanations for their past popularity and more recent disappearance from Australian housing finance markets.     

Asset price volatility and banks

This paper examines the operation of Diamond–Dybvig banks when depositors have access to the asset market. Previous studies have shown that banks are redundant in this environment since it is impossible to prevent the strategic withdrawals. This paper shows that the strategic withdrawals can be prevented if the market risk, due to asset price volatility, is considered. Banks provide deterministic returns to the depositors since the aggregate withdrawals are predictable, and therefore, banks can choose the portfolio such that no asset liquidation is involved. However, an individual consumer with stochastic liquidity need is vulnerable to the price volatility if he holds the asset directly. Therefore, banks improve the consumers’ welfare by providing the insurance against not only the liquidity shock but also the market risk. Banks are not redundant.     

商业银行跨国经营动机分析与启示

随着金融开放及国际化进程的不断深入,在更大的市场中寻找机会成为我国商业银行的必然选择。分析商业银行跨国经营的历史进程,总结国内外学者对商业银行跨国经营动机的研究,得出我国商业银行在走出去的过程中,应针对自身的特点,追随优质客户,跟随对外贸易和海外投资,达到最佳的发展跨国业务的目的。     

Fire sales by euro area banks and funds: What is their asset price impact?

The assets under management of investment funds have soared in recent years, triggering a debate on their possible implications for financial stability. We contribute to this debate assessing the asset price impact of fire sales in a novel partial equilibrium model of euro area funds and banks calibrated over the period between 2008 and 2017. An initial shock to yields causes funds to sell assets to address investor redemptions, while both banks and funds sell assets to keep their leverage constant. These fire sales generate second-round price effects. We find that the potential losses due to the price impact of fire sales have decreased over time for the system. The contribution of funds to this impact is lower than that of banks. However, funds’ relative contribution has risen due to their increased assets under management and banks’ lower leverage and rebalancing towards loans. Should this trend continue, funds will become an increasingly important source of systemic risk.     

城市商业银行发展中面临的难题及对策

作为金融体制改革的产物,城市商业银行在我国市场经济建设中发挥了重要的作用。近年来,部分城市商业银行的经营陷入了困境,引起了社会各界的广泛关注。本文从法人治理结构、组织制度、业务特色、金融风险等几方面分析了其在发展中遇到的难题,带有一定的共性。在此基础上,提出了相应的对策和建议。