【作者】 王文博；

【导师】 李昱；

【作者基本信息】 吉林大学 ， 金融学， 2010， 硕士

【摘要】 从19世纪初期以来,世界金融市场经历了五大银行业并购的浪潮,银行业的发展模式呈现出由分业经营到混业经营,再由混业经营到全能银行的发展阶段。在此期间,银行业经历了规模巨大的跨国并购,使得银行业的内部结构和布局也渐趋合理。然而,随着全球经济一体化的深度和广度不断加深,利润的驱动使国际资本出现了大规模的流动,出现了许多流动性过剩的问题,已成为一些金融机构,特别是银行业产生危机的一大隐患。而国际银行业的跨国并购作为当今资本输出的主要形式,对于稳定国际金融市场,加强战略合作具有重要意义。本文从分析银行业并购所产生的效率入手,着重分析了银行业并购后的效率对银行业竞争力所产生的影响。利用影响银行业的基础竞争力和核心竞争力的指标,分析银行业并购对其竞争力的诸多指标的影响,进而阐述了对银行竞争力的影响。从当前的国际银行业并购大体趋势和状况出发,具体分析银行业跨国并购的区域性差异以及银行业并购浪潮对银行业竞争力的影响。同时分析了我国银行业并购和竞争力的现状、我国银行业并购和发展所必须要坚持的原则和立场,以及我国商业银行应如何利用银行业并购的效率来提升自身的竞争力。更多还原

【Abstract】 Commercial banks are profit-making purposes, the profit-driven commercial banks will broaden sales channels and expand the extent of opening up, which is an inevitable result of banking Mergers and Acquisitions. If commercial banks want to expand its own scale and enter the financial market of other countries, it is imperative to use a variety of ways and means to achieve cross-border mergers and acquisitions. Therefore, the banking mergers and acquisitions, both from a strategic point of view or from the perspective of market dominance, the ultimate goal and motivation is to obtain the maximum profitLooking at the ranking list of international banks with total assets of the top 100 banks, many banks have experienced domestic and international banking mergers and acquisitions, which in turn increased competitiveness of commercial banks. In particular, under the late 20th century, the banking industry has experienced an international wave of mergers and acquisitions, resulting in a number of large financial consortia, such as JP Morgan Chase, Citigroup, Mizuho Bank. Intense competition in the banking industry resulted in mergers and acquisitions, to promote the emergence of the financial carrier, thus further exacerbated international competition in the banking industry.Into the 21st century, China’s successful accession to the WTO, which makes China’s commodity market and capital market continue to open up. In order to fulfill our WTO agreements, promises turn into reality in 2006, RMB business of foreign banks relative to fully open, so that China’s banking industry is facing unprecedented competition bureau. In order to cope with the impact of international financial capital flow, China’s commercial banks had taken a series of reform measures, such as encouraging joint-stock banks listed in China and abroad , promoting the joint-stock reform of state-owned commercial banks, the introduction of strategic investors. The implementation of such policies is also reflected in China’s transformation from planned economy to a market economy. This is a major initiative, the state-owned commercial banks through the transformation of governance, makes its internal systems and external risk-defense system very efficient, and gradually advanced with foreign commercial banks into line, thus improve profit and competitiveness of the banking sectorUnder the new era, especially the international financial crisis, triggered by the U.S. sub-prime mortgage crisis, the development of the international banking industry had been heavily affected. Many large U.S. investment banks had been restructured, bankrupted or be acquired, a number of small and medium banks, due to restrictions on the size of their capital, have been closed. Several major banks had also accepted state funding and the nationalization of control. The commercial banks of European facing the international financial crisis also accepted the government injecting capital and mergers and acquisitions. Which brings China’s commercial banks not only the opportunity but also challenge. China’s commercial banks, despite their system’s shortcomings, they can seize the opportunity of the strategic adjustment of advanced foreign banks, and make great efforts to implement institutional reforms to accelerate the transformation of the banking merger and reorganization , thus enhancing their overall quality and competitiveness, so that it better adapt to China’s socialist economic development. However, China’s commercial banks have excellent opportunities as well as enormous challenges. China’s commercial banks are subject to serious constraints in the past planned economy; state-owned commercial bank capital adequacy ratio is generally not high, non-performing loans and a larger proportion of bank bad debts. Which not only affect the reform process of China’s state-owned commercial banks, but hampered international competitiveness of commercial banks. In order to enhance competitiveness, China’s commercial banks must carry out reasonable state restructurings and merger and reorganization. Therefore, if the state-owned commercial banks want to go abroad to enhance its international status and competitiveness, it is imperative for them to use mergers and acquisitions and restructuring.In this international background, this paper mainly takes research on the banking Merger and Acquisitions and explains how M & A affects the competitiveness of banks. This essay is to provide some reference and suggestion on the M&A act of our banking industryThe beginning part of this paper describes the theory about the banking M & A and its competitiveness. First analyzes the definition and classification of banking mergers and acquisitions. And then select a market advantage theory, efficiency theory, economies of scale and core competitiveness theory to analyze the relationship between banking mergers and acquisitions and banking Competitiveness.The second part of this essay is to analyze the relationship between banking mergers and acquisitions and banking Competitive. First, analyze how the vertical mergers, horizontal mergers and mix merger affect the competitiveness of banks. then use a variety of ways to improve competitive effectiveness. Second, introduce the international M & A trends in the banking industry and its causes, and then analyze effectiveness of banking M & A in improving the banking business efficiency and competitiveness effects. Finally, sum up the impact of the world’s five major banking mergers and acquisitions wave upon international banking, which inspires in the future development path of mergers and acquisitions patterns of China’s commercial banks.The third part of this essay is mainly to introduce the current situation about M & A mode and the international competitiveness of china’s commercial banks. Under different times, we take various acquisition modes, and then analyze how to achieve a strategic "three-step" principle. Introduce China’s commercial banks, as well as its current international status of and analyze the difficult and hardship facing in cross-border banking business operations.The fourth part of this essay is mainly to analyze how to use the effectiveness arising from the mergers and acquisitions to achieve the efficiency of joint-stock restructuring, accelerate the pace of mergers and acquisitions to achieve competitive effectiveness in international financial market. Simultaneously, analyze the basic principles that we should adhere to in the process of international banking merger and acquisition. This part also looks ahead the development of china’s banks and the modes of merger and acquisitionThe final part of this essay is to summarize and conclude the whole essay.更多还原