我国商业银行贷定价模型研究.pdfVIP

摘 要 20 世纪90 年代以来，我国利率市场化改革、资本市场的发展等外部环境的 变化给商业银行的贷款定价带来了新的挑战与机遇。如何制定合理的贷款水平 成为商业银行迫切需要解决的问题。 商业银行贷款定价从本质上说是在贷款成本与投资收益率的约束下，受信 贷资金供求状况的影响，最终由借贷双方通过谈判来决定。本文根据市场参与 双方竞争与合作关系的一般特征，将信贷市场结构划分为完全竞争的市场、完 全垄断的市场和垄断竞争市场三种基本类型。并对三种不同的市场条件，建立 相应的贷款定价模型。在模型中，将普遍受到重视的贷款风险作为影响投资收 益率的一个因素纳入到定价模型之中，担保条件作为独立的因子建立贷款定价 模型。通过建立不同的市场模型的方法，深入探讨了在不同的市场条件下贷款 利率的订立机制。 通过对模型的研究，得出结论：在完全竞争的市场条件下，贷款利率取决 于商业银行信贷资金的供给成本；在完全垄断的市场条件下，贷款利率接近于 企业的投资收益率；在垄断竞争的市场中，投资收益率和资金供给成本率之差 构成了借贷双方的博弈空间，贷款价格的确定由借贷双方通过谈判来完成。并 进一步探讨了贷款定价谈判的博弈过程，得出了谈判能力取决于博弈双方谈判 成本的结论。 通过本文的研究，发现商业银行贷款定价的难点在于信贷市场细分不合理， 分客户、分业务、分机构、分部门的成本核算未能建立，贷款定价人才缺乏等 问题。并提出相关的政策建议。 关键词：商业银行；贷款定价；模型研究 , I Abstract From 1990s, China interest rate reform, development of capital markets brought commercial bank loan pricing new chance and challenge. How to price bank loan have been a necessitous problem for commercial banks. In essence, bank loan price is restricted by cost of loan and yield of investment, affected by loan demand and supply, established by negotiation. The paper based on the common rule of marketing economy, classify the loan market into three types, competitive market, monopoly market and monopolistic competition market. For the three market condition, creating different model to study. In the paper, bringing loan risk as a factor of investment yield and collateral condition as a independent factor into the model different from the popular modus operandi. We discussed the different mechanism of bank loan pricing by the different model. By studying the models, we made the following conclusion, interest rare of bank loan decided by the cost of position in perfect competition market, be closed to yield of investment in monopoly market and