摘要
金融脱媒现象正冲击着以传统银行为主导的间接融资模式,导致银行中介功能不断弱化,同时对银行利差产生不可估量的影响。基于2002-2015年中国152家商业银行的非平衡面板数据,采用全面可行的广义最小二乘法((FGLS))考察金融脱媒对商业银行利差的影响,结果表明,金融脱媒对商业银行利差的影响是显著且非线性的。随着金融脱媒的不断深化,商业银行利差表现为先增加后减少的倒U型特征。同时,金融脱媒对不同类型商业银行利差的影响也存在倒U型关系。商业银行应发展多元化业务,强化创新意识,重视客户服务,增强客户粘性。
The phenomenon of financial disintermediation is influencing the indirect financing mode dominated by traditional banks,which has led to the weakening of intermediary functions of banks and has generated incalculable impact on bank interest rate spread. Based on the unbalanced panel data of 152 commercial banks in China from 2002 to 2015,the study employs a full-fledged generalized least squares method( FGLS) to examine the effect of financial disintermediation on the interest rate spread of commercial banks. The results reveal that the financial disintermediation affects commercial banks in a significant and non-linear way. Meanwhile,the influence of financial disintermediation on the interest rate spread of different types of commercial banks also has an inverted U-shaped feature. Commercial banks should develop diversified business,strengthen their awareness of innovation,attach importance to customer service,and increase customer stickiness.
出处
《郑州大学学报（哲学社会科学版）》
CSSCI
北大核心
2018年第2期54-58,共5页
Journal of Zhengzhou University:Philosophy and Social Sciences Edition
