八闽金融要讯(2006年7-9月)

7月1日 中国工商银行、中国银行、中国建设银行福建省分行和交通银行、招商银行福州分行开办首期电子式储蓄国债代销业务。     

投资博览

中国人民银行指定的十三家外汇银行为: 中国银行、中国工商银行、中国农业银行、中国人民建设银行、交通银行、华夏银行、中国光大银行、广东发展银行、深圳发展银行、蛇口招商银行、上海浦东发展银行、福建兴业银行、中信实业银行。     

银行业为何要实行资本计量高级办法?

中国银行副行长王永利说:理财产品作为新生事物越来越受欢迎,并且形式越来越多样化,但目前面临的问题是其规范化存在质疑中国银行副行长王永利谈到银行业为何要实行资本管理高级办法,说:内地其实有六家(中国工商银行、农业银行、中国银行、建设银行、交通银行和招商银行)已经准备于2013年1月份开始实施资本计量高     

创新与市场动态（2009年6月～7月）

跨境贸易人民币结算试点正式启动。跨境贸易人民币结算试点7月6日正式在上海、深圳启动。中国银行、交通银行、招商银行、汇丰银行和渣打银行均在第一时间内为客户完成了首笔交易。     

44亿贷款炒楼炒股8家银行遭银监会重罚

交通银行北京分行、北京银行、招商银行、工商银行、中国银行、兴业银行、中信银行和深圳发展银行信贷资金被挪用遭到重罚。在楼市与股市火爆中推波助澜的违规信贷资金正成为监管部门"通缉"的对象。中国银监会6月18日宣布,银监会     

我国上市商业银行效率分析

本文以我国上市股份制商业银行为样本,运用数据包络分析(DEA)方法,分析了它们作为经济活动中介的运营效率,以及作为股份制公司的资本盈利效率.研究结果显示:北京银行、交通银行、民生银行、深圳发展银行、兴业银行、招商银行、中国银行和中信银行运营效率较高,而北京银行、南京银行、浦发银行和招商银行资本盈利能力较高.最后本文在评价效率的基础上对非DEA有效的商业银行提出了改进意见,并提出了提高银行效率的具体建议.     

信贷资金入市:"疏"、"堵"之间

8家银行与44亿违规资金6月18,银监会公布了银行信贷资金违规进入股市和房地产业的调查结果,并对被企业挪用信贷资金的8家内地银行开出罚单。这8家银行包括:交通银行、北京银行、招商银行、中国工商银行、中国银行、     

巴Ⅲ实施三年路

2013年1月1日,被誉为"中国版巴Ⅲ"的新监管标准《商业银行资本管理办法(试行)》在中国银行业正式实施。2014年4月,首批实施巴Ⅲ的中国工商银行、中国农业银行、中国银行、中国建设银行、交通银行和招商银行,按照监管要求实现合规。这意味着巴Ⅲ在中国银行业正式落地,也表明中国的巴Ⅲ推进工作取得了实质性进展。中国银行业实施巴Ⅲ的这三年,正是各种新技术、新     

银行

银行理财能力排名发布城商行异军突起3月底,普益财富公布了2011年度银行理财能力排名报告。理财能力综合排名前10位的银行依次为招商银行、民生银行、工商银行、光大银行、中国银行、农业银行、北京银行、恒生银行、交通银行以及深圳发展银行。城商行在发行数量和     

汇聚创新金融产品 共享创新金融服务——2005金融品牌与创新产品展在沪举行

5月11日-14日，由金融时报社与汉诺威展览会(中国)有限公司联合主办的“2005金融品牌与创新产品展”在上海新国际博览中心举行。中国工商银行、中国建设银行、中国银行、交通银行、中国光大银行、招商银行等金融机构参加了此次展会。     

The bank capital channel and bank profits

This paper develops a microeconomic model of banking to highlight an endogenous loan creation process that emerges from bank profits via the capital accumulation of retained earnings and uses a simple bank capital‐loan multiplier to illustrate constraints on lending. The study also analyzes how sufficient net interest margins are important for banks to maintain lending portfolios and avoid financial fragility. The model offers support to bank capital channel (BKC) economists by illustrating how changes in interest rates may influence bank lending through the bank's internal capital accumulation growth rate and on a bank's portfolio choices.     

How bank size relates to the impact of bank stress on the real economy

We examine whether financial stress at larger banks has a different impact on the real economy than financial stress at smaller banks. Our empirical results show that stress experienced by banks in the top 1% of the size distribution leads to a statistically significant and negative impact on the real economy. This impact increases with the size of the bank. The negative impact on quarterly real GDP growth caused by stress at banks in the top 0.15% of the size distribution is more than twice as large as the impact caused by stress at banks in the top 0.75%, and more than three times as large as the impact caused by stress at banks in the top 1%. These results are broadly informative as to how the stringency of regulatory standards should vary with bank size. They support the idea that, all else equal, the largest banks should be subject to the most stringent requirements while smaller banks should be subject to successively less stringent requirements.     

Learning and the central bank

It is well known that sunspot equilibria may arise under an interest rate operating procedure in which the central bank varies the nominal rate with movements in future inflation (a forward-looking Taylor rule). This paper demonstrates that these sunspot equilibria may be learnable in the sense of E-stability.     

Foreign bank entry and bank competition: Cross-country heterogeneity

This study investigates the impact of foreign bank entry on bank competition in the host countries. Using data for 148 countries over 1987–2015, I find that although on average an increase in the number of foreign banks is associated with more competition in the host country, competition increases in developed but decreases in developing countries. Stringent capital requirements, higher market entry barriers, and effective credit information sharing can mitigate the impact of foreign bank entry, while better supervision and external governance strengthen the link between foreign bank presence and competition. The findings justify the regulations on bank capital adequacy and call for an effective credit information sharing mechanism.     

Foreign bank entry,deregulation and bank efficiency: Lessons from the Australian experience

This study considers the impact of foreign bank entry on banking efficiency in Australia during the post-deregulation period 1988–2001. Using Data Envelopment Analysis, Malmquist Indices and stochastic frontier analysis, we find foreign banks more efficient than domestic banks, which however did not result in superior profits. Major Australian banks have used size as a barrier to entry to new entrants. Furthermore, bank efficiency has increased post-deregulation and the competition resulting from diversity in bank types was important to prompt efficiency improvements. Finally, the recession of the early 1990s resulted in a distinct shift in the process of efficiency changes.     

科技引领银行创新

在我国金融市场全面开放和金融体制改革不断深化的大背景下,为适应经济发展需要,加快国际化进程,应对日趋激烈的市场竞争,近年来,我国商业银行致力于金融服务和产品创新。而科技作为银行管理和业务创新的重要支撑,在银行创新中的作用日益重要。     

建设创新型银行之管见

总行党委提出要把工商银行打造成为国际一流的现代商业银行，建设创新型银行。目前，我行正处在深化改革、优化结构、规范治理的关键时期，如何建设创新型银行，更好地为广大客户服务，谈点粗浅的认识。     

Commercial bank seigniorage and the macroeconomy

This article focuses on the role of commercial banks as creators of money, and specifically on their rent extraction power in the form of seigniorage. The article examines how the relative size of banks in the payment system combines with their capacity (and limits) to determine quantities and prices in the market for demand deposits, giving them the power to extract rents – seigniorage – from the economy, and clarifies the distinction between seigniorage from commercial bank money creation and profits from pure financial intermediation. The article studies how this form of seigniorage affects aggregate output, prices, and resource distribution, and draws political-economy and economic-policy implications.     

Capital ratios and bank lending: A matched bank approach

This paper examines the impact of bank capital ratios on bank lending by comparing differences in loan growth to differences in capital ratios at sets of banks that are matched based on geographic area as well as size and various business characteristics. We argue that such comparisons are most effective at controlling for local loan demand and other environmental factors. For comparison we also control for local factors using MSA fixed effects. We find, based on data from 2001 to 2011, that the relationship between capital ratios and bank lending was significant during and shortly following the recent financial crisis but not at other times. We find that the relationship between capital ratios and loan growth is stronger for banks where loans are contracting than where loans are expanding. We also show that the elasticity of bank lending with respect to capital ratios is higher when capital ratios are relatively low, suggesting that the effect of capital ratio on bank lending is nonlinear. In addition, we present findings on the relationship between bank capital and lending by bank size and loan type.