第八章商业银行中间业务管理(对外经济贸易大学何自云).ppt

第八章 商业银行中间业务管理 对外经济贸易大学 金融学院 何自云 第八章 商业银行中间业务管理 Trend of Non-interest income 中间业务与表外业务 狭义的中间业务 支付结算类、银行卡、代理类、咨询顾问类、保管类 狭义的表外业务 担保类、承诺类、交易类（衍生产品交易的风险管理） Trend of Non-interest income A common view among bank managers and analysts is that banks must rely less on net interest income and more on noninterest income to be more successful. The highest earning banks will be those that generate an increasing share of operating revenue from noninterest sources. The fundamental issue among managers is to determine the appropriate customer mix and business mix to grow profits at high rates, with a strong focus on fee-based revenues. Pressure on margins It is widely recognized that the days of record-breaking net interest margins for banks are long gone. The growth in inexpensive, core deposits at banks has slowed because customers have many alternatives, such as mutual funds and cash management accounts, that offer similar transactions and savings services and pay higher Loan yields have similarly fallen on a relative basis because of competition from nonbank lenders, such as commercial and consumer finance companies and leasing companies, and other banks that compete for the most profitable small business loans, credit card receivables, and so on. Sustained increase in all banks’ noninterest income as a fraction of net operating revenue Composition of noninterest income:For all FDIC-insured banks Service Charges on Deposit Accounts 17.00% Fiduciary Income 13.00% Net Securitization Income 11.00% Net Servicing Fees 8.50% Trading Gains Fees 7.60% Investment Banking/Brokerage Fees 5.10% Net Gains/Losses On Loan Sales 4.40% Insurance Commissions Fees 2.00% Venture Capital Revenue 0.10% Other Noninterest Income 31.40% safe deposit boxes, bank drafts, etc. Non-interest income in large banks v.s. small banks Increasing amount of fees from investment banking and brokerage activities at the larger banks. Investment and brokerage activities contribut