timberland shoes dwo jau gopb pol -

xduyirszliy

At present, commercial banks, credit management and evaluation system has been a fundamental change, the general introduction of economic capital management. Its core content is: through the allocation of economic capital constraint incremental growth of primary line of asset size; by each class of business (assets) to determine the different the core, book profit evaluation system for the auxiliary profits, and guide lines for true value creation and the real profit accumulation. Overall, commercial banks increase the value of the economic core of this performance evaluation system, reflecting the scientific concept of development and intensive management ideas. In this process, the economic capital allocation by the total capital requirements and capital adequacy constraints,[link widoczny dla zalogowanych], economic capital factor for establishing reference Basel Capital Accord and the China Banking Regulatory Commission, Industrial policy and the Bank's policy orientation, development goals, risk profile, the actual assets (see table 1-2), so that the primary line of business (assets) are bound Expansion of the national economy in different sectors is also consequent availability of funds changes, thus achieving the monetary authorities sought to bind the total credit (to maintain steady and reasonable growth in money and credit) and the effect of the credit structure adjustment. Meanwhile, also in line with its prudent business ideas central bank has been to emphasize the correct handling of risk prevention and support economic development relationship.

Second, commercial banks, changes in behavior and its effect of monetary policy transmission: the example of 2006

to commercial banks, changes in credit management and evaluation system as an example. In the 1997 Asian financial crisis of 2001, when the central bank's monetary policy is expansionary or accommodative. However, commercial banks, more stringent accountability for the lack of positive incentives under which commercial banks are more concerned about the risk of loans, with a clear , the credit transmission channel is also sluggish. In 2003, commercial banks assessment measures have been modified, both concerned with the poor rate, is also concerned about profitability, employee performance-related distribution. To achieve profitability and reduce non-performing asset ratio of the dual objective, the general led to asset-liability management of assets to liabilities bigger model, and the flow of credit on the performance of This led to rapid expansion of the size of credit in 2003, highlighted the maturity mismatch problem, the financial potential risks. This is obviously the central bank to maintain pressure when the principle of inhibition of demand for investment in some overheated industries and areas, control the excessive growth of lending and credit support to SMEs to increase the monetary policy goals at odds.

4  commercial banks expected. When commercial banks are expected to take some sort of central bank monetary policy, their actions will first make some adjustments (of course, be consistent with the objectives of monetary policy adjustments may also be inconsistent), thus affecting the efficiency of monetary policy transmission.

summary, the commercial banks in monetary policy transmission plays an important role. However, in practice, commercial banks and central bank behavior modification is not always consistent monetary policy, of the degree of monetary policy, the final results. This As we all know, the central bank's monetary policy objectives of price stability, economic growth, full employment and balance of payments, monetary policy or the introduction of control measures with the The commercial bank as micro-economic agents, more attention to the safety of capital, liquidity and profitability,[link widoczny dla zalogowanych], the availability of resources in the established market opportunities and comprehensive constraints, to maximize profits, so the behavior has a feature,[link widoczny dla zalogowanych], showing faster growth in the economy, business climate of the environment, will lend strong case in the recession, there will be Overall, monetary policy and commercial banking activities of interest between the macro and micro that the interests of range.
Overall,[link widoczny dla zalogowanych], the fundamentals of commercial banks in 2006 have highlighted the following changes in four areas: (1) a general increase in capital adequacy ratio. In early 2006 the national standard bank capital adequacy ratio of 53, 45 beginning of the year than in 2005. One Construction Bank, Bank of China after injection and after the reform, the capital adequacy ratio above 10%. February 2004 promulgated the (2) joint-stock reform of state-owned commercial banks made substantial progress. Following the China Construction Bank, the Bank also successfully listed. Complete listing will be reduced to some extent, capital adequacy constraints, while facing even greater pressure on profits. (3) credit management mode selection, the economic capital management to replace the traditional scale and proportion of management as the dominant. China Construction Bank took the lead in 2004 to impose economic capital management, by 2006, there are many commercial banks to take such a model. On one hand, the economic capital of the approved indicators, the scale of asset growth restriction, on the other hand, by differences in distribution coefficients of the economic capital of credit assets in the region to guide, product structure, customer structure adjustment. (4) The banking system is awash in liquidity. Since the second half of 2005, commercial banks continued to face off funds, money market interest rates continue to decline; commercial bank excess reserve rate, to the end of 2005 reached 4.17%, compared with 6 at the end of 2005 increased 0.45 percentage point increase in six months that banks can 129.2 billion yuan of funds at any time using data taken from Xia Bin: this brings increasing pressure on capital allocation.

3  credit management. If the credit division of authority, the internal cost of capital management, evaluation methods, will affect the commercial banks to adjust the sensitivity of monetary policy.

Source: Agricultural Bank of China in Hubei Bank Sales Task Force, change in the distribution coefficient table
Source: Based on the order
product structure adjustment customers restructuring regional structural adjustment coefficient of economic capital allocation help industry to reduce the personal loans, personal loans to commercial buildings of economic capital allocation coefficients, respectively, lower than in 2005 5 and 4  5 percentage points housing real estate development loans, working capital loans guaranteed by way of customer risk rating and set the differential distribution coefficient difference; AAA Class A-loans can be compared (with) the following loans low coefficient of economic capital allocation of 2-4 percentage points some key central city of a separate allocation of economic capital;
1  asset management and configuration structure. First, the level of super-reserve ratio. Super storage rate is one of the factors affect the money multiplier. When commercial banks to hold more excess reserves, the ability of its currency derivatives (credit creation capacity) to be reduced accordingly; contrary to larger. Second, the size and configuration of the structure of credit assets. Under a certain asset size,[link widoczny dla zalogowanych], the higher the proportion of credit assets, the greater the ability of credit creation. Commercial bank credit funds by adjusting the size, structure, change the non-financial sector and financing opportunities to facilitate financing, thereby affecting their investment and consumption decisions.

First, commercial banks, several of the monetary policy transmission behavior

2  commercial banks to adjust their behavior changes in fundamentals, the role of monetary policy environment changes, and this change in the monetary policy transmission efficiency is twofold.
2  lending rate pricing. The basis of changes in interest rates the central bank can affect the corresponding changes in market interest rates, but also on the behavior of commercial banks to adjust. Non-financial sector commercial bank interest rate adjustments based on cost-benefit ratio of their influence to re-adjust its financing strategy and management, consumer behavior, enabling the transmission of monetary policy.
Table 1, a second branch of a row of economic capital coefficient of the situation in 2004 Table
1  compared with the 2004,2005 than in 2006, the fundamentals of commercial banks has changed significantly, and this change in large part to commercial banks to adjust their business practices.

in the above context, the commercial banks was changing business objectives and philosophy. Meanwhile, the use of commercial banks is still relatively narrow channel, rely mainly on deposit and lending interest rate does not change the profit model. Four state-owned commercial banks under the 2005 annual report, the total revenue net interest income accounted for 80.8% of the proportion of data drawn from the national research Zhuangao the Which makes the behavior of commercial banks adjusted to show the following characteristics: (1) lending and lending capacity will significantly increase. This modest expansion of commercial banks from the early primary line of credit approval authority, streamline the approval process, adjusting the internal cost of capital, lower part of the loan interest rate reflected species; (2) business optimization and pay more attention to the stock of credit to invest in restructuring to constrained the growth of risk assets and achieve economic profit maximization; (3) support the restructuring of assets and liabilities, the appropriate strategic and critical business increase, especially in the middle of the appraisal business.
the one hand, all aspects of commercial banks and constraint mechanism and incentive mechanism to be strengthened, and then on the sensitivity of the reaction of monetary policy; the same time this is also a good mechanism for the improving commercial banking activities help to promote the norms and rational , which is conducive to the effective transmission of monetary policy.

discount, small pledge, exchange guarantee individual housing loans, trade financing, bank card credit short-term loans long-term loans other loans economic capital coefficient of 2% 4% 8% 10% 12
Behavior of commercial banks, adjusted for the impact of monetary policy transmission

Abstract: The behavior of commercial banks this year to adjust for the impact of monetary policy, for example, pointed out that the effect of the current poor credit pathway is the root cause of the existence of three policy transmission mechanism changes and the non-synchronization of banking reform; banking system reform and business model transformation of non-synchronous; external environmental changes on the use of monetary policy tools to improve the practical requirements and improve the flexibility of monetary policy depends on the environment non-synchronous. Keywords: commercial banks; behavior; monetary policy transmission; non-synchronous Chinese papers League finishing.
the other hand, commercial banks gradually to an independent decision-making power of the real interests and the economic transition of the body, will be based on economic performance, market changes and its own management requirements, development needs, determine their own asset allocation to achieve maximum profit. This may increase the monetary policy and the interests of commercial banks and micro-macro behaviors of interest between the control costs. More articles related to topics：

[link widoczny dla zalogowanych]

ghd specials upb kxo wpgk atk

				fora.pl - załóż własne forum dyskusyjne za darmo Powered by phpBB © 2001, 2002 phpBB Group Avalanche style by What Is Real © 2004