民营银行并购国有银行的动机、成本与风险探析

当前，在世界范围内特别是在发展中国家，掀起了一股民营银行并购国有银行的浪潮。这种并购容易产生现金流风险、信息不对称风险、政策诱导性风险、管理效率风险、并购失败风险。民营银行应通过以下措施和方法将风险消除，从而实现并购成功：结合银行实际，选用适合自身发展的并购方式；努力消除信息不对称；优化决策程序；妥善处理好与政府的关系。

An Analysis of the Motives and the Cost and Risk about Private Bank Merge with State-owned Banks

At present, private banks set off a wave of mergers and acquisitions of state-owned banks in the world, especially in developing countries. In the process of private banks＇ merger with state-owned banks, there faced with the risk of cash flow, information asymmetry risk, policy-induced risks, super large-scale operational risks, and the risk of merger failure. The following measures should be adopt by private banks to eliminate these risks： combining banking practice, selecting appropriate merger objectives for itself; eliminating information asymmetry; optimizing decision-making process; handling properly the relationship with the government.