经济问题
經濟問題
경제문제
On Economic Problems
2015年
9期
12-17
,共6页
海外并购%MalmquistTFP指数法%商业银行
海外併購%MalmquistTFP指數法%商業銀行
해외병구%MalmquistTFP지수법%상업은행
overseas mergers and acquisitions%Malmquist TFP index method%commercial banks
伴随着利率市场化改革,2015年5月1日中国开始施行《存款保险制度》,这表明银行业市场化水平正在不断提高,并逐步进入国际化. 中国商业银行抓住机遇,积极进行跨国并购,这为中国银行业引进新技术、新人才,加深中国商业银行的国际地位及影响提供有效渠道. 通过对中国工商银行2008~2014年的财务数据进行财务指标分析和Malmquist TFP指数分析,结果发现:在收购泰国ACL银行和东亚银行的并购行为中,盈利能力在短期内得到了显著提高;在成本效率方面,收购的海外银行在短时间内不能很好地融入,但在整合之后,收购的银行能很好地契合在银行体系中,同时成本效率也开始提高. 由此可见,中国工商银行的海外并购行为是比较成功的,为中国银行业进行海外并购提供了有益借鉴.
伴隨著利率市場化改革,2015年5月1日中國開始施行《存款保險製度》,這錶明銀行業市場化水平正在不斷提高,併逐步進入國際化. 中國商業銀行抓住機遇,積極進行跨國併購,這為中國銀行業引進新技術、新人纔,加深中國商業銀行的國際地位及影響提供有效渠道. 通過對中國工商銀行2008~2014年的財務數據進行財務指標分析和Malmquist TFP指數分析,結果髮現:在收購泰國ACL銀行和東亞銀行的併購行為中,盈利能力在短期內得到瞭顯著提高;在成本效率方麵,收購的海外銀行在短時間內不能很好地融入,但在整閤之後,收購的銀行能很好地契閤在銀行體繫中,同時成本效率也開始提高. 由此可見,中國工商銀行的海外併購行為是比較成功的,為中國銀行業進行海外併購提供瞭有益藉鑒.
반수착리솔시장화개혁,2015년5월1일중국개시시행《존관보험제도》,저표명은행업시장화수평정재불단제고,병축보진입국제화. 중국상업은행조주궤우,적겁진행과국병구,저위중국은행업인진신기술、신인재,가심중국상업은행적국제지위급영향제공유효거도. 통과대중국공상은행2008~2014년적재무수거진행재무지표분석화Malmquist TFP지수분석,결과발현:재수구태국ACL은행화동아은행적병구행위중,영리능력재단기내득도료현저제고;재성본효솔방면,수구적해외은행재단시간내불능흔호지융입,단재정합지후,수구적은행능흔호지계합재은행체계중,동시성본효솔야개시제고. 유차가견,중국공상은행적해외병구행위시비교성공적,위중국은행업진행해외병구제공료유익차감.
Following the interest rate liberalization, China started to implement the Deposit Insurance System from May 1, 2015, indicating that China' s banking liberalization is improving and gradually stepping into interna-tionalization.Catching this opportunity, China' s commercial banks actively carry out cross-border mergers and acquisitions, thus providing effective channels for China' s banking sector to introduce new technologies and new talented persons and strengthen China banks' international status and influences.In this paper, the author con-ducts financial index analysis and Malmquist TFP index analysis on the financial data of ICBC (2008~2014) , and the results show that:in the merger and acquisition behavior of ICBC' s acquiring Thailand' s ACL Bank and BEA, its profitability has been significantly enhanced in a short term;in cost effectiveness, the acquired overseas banks could integrate into ICBC very well in a short time, but after integration, the acquired banks could accord with ICBC' s system, and in the meantime the cost effectiveness has improved.Therefore, the ICBC' s overseas merger and acquisition behavior is successful, and it provides reference for China banking sector' s overseas mergers and acquisitions.At the end of this paper, corresponding development strategies concerning overseas mergers and ac-quisitions are proposed.
