财务与金融
財務與金融
재무여금융
ACCOUNTING AND FINANCE
2014年
6期
23-27
,共5页
金融抑制%利率市场化%银企博弈%转换贷款银行成本
金融抑製%利率市場化%銀企博弈%轉換貸款銀行成本
금융억제%리솔시장화%은기박혁%전환대관은행성본
Financial Repression%Marketing of Interest Rate%Game of Banks and Enterprises%Cost of Converting Loan Banks
金融机构贷款利率全面放开后，大型企业与银行的议价能力提高，而中小企业信贷可获性问题则需要多角度分析。利率市场化从两方面影响中小企业融资问题，一是利率浮动带来的直接影响；二是通过加剧商业银行竞争程度带来的间接影响。文章构建了银企博弈和商业银行竞争两个模型对中小企业信贷可获性进行理论分析，结果表明，无论放开贷款利率上限管制还是下限管制，随着商业银行竞争的加剧，长期来看中小企业信贷可获性都得到了提高。
金融機構貸款利率全麵放開後，大型企業與銀行的議價能力提高，而中小企業信貸可穫性問題則需要多角度分析。利率市場化從兩方麵影響中小企業融資問題，一是利率浮動帶來的直接影響；二是通過加劇商業銀行競爭程度帶來的間接影響。文章構建瞭銀企博弈和商業銀行競爭兩箇模型對中小企業信貸可穫性進行理論分析，結果錶明，無論放開貸款利率上限管製還是下限管製，隨著商業銀行競爭的加劇，長期來看中小企業信貸可穫性都得到瞭提高。
금융궤구대관리솔전면방개후，대형기업여은행적의개능력제고，이중소기업신대가획성문제칙수요다각도분석。리솔시장화종량방면영향중소기업융자문제，일시리솔부동대래적직접영향；이시통과가극상업은행경쟁정도대래적간접영향。문장구건료은기박혁화상업은행경쟁량개모형대중소기업신대가획성진행이론분석，결과표명，무론방개대관리솔상한관제환시하한관제，수착상업은행경쟁적가극，장기래간중소기업신대가획성도득도료제고。
After the full liberalization of loan rates of financial institutions, large enterprises increase the bargaining power with banks, and SME credit availability problem requires multi-angle analysis. Interest rates marketing affect the financing of SMEs in two ways, one is the direct impact of interest rate fluctuations; the second is the indirect impact of the commercial banks by increasing the degree of competition. This paper builds two models of game between banks and enterprises, competi-tion among commercial banks, to theoretically analyze the availability of credit to SMEs, the result showed that, regardless of liberalized loan rate cap regulation or limit controls, along with commercial banks increased competition, the long-term credit availability for SMEs have been improved.
