A Study on the Risks in the Assets of Guangxi s Banking Sector. ZHANG Lujin. PhD

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1 A Study on the Risks in the Assets of Guangxi s Banking Sector ZHANG Lujin PhD UNIVERSITY OF TECHNOLOGY, SYDNEY 2006

2 Students are required to make a declaration when they submit the thesis for examination. Here is a recommended form of words. CERTIFICATE OF AUTHORSHIP/ORIGINALITY I certify that the work in this thesis has not previously been submitted for a degree nor has it been submitted as part of requirements for a degree except as fully acknowledged within the text, I also certify that the thesis has been written by me. Any help that I have received in my research work and the preparation of the thesis itself has been acknowledged. In addition, I certify that all information sources and literature used arc indicated in the (hesis. Signature of Cand idate

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15 Abstract Whether risk could be controlled is one of core problems in the course of banking system reform in Guangxi Province in P.R.C. Payment crisis of some financial institutions happened in some regions in Guangxi and other many cases causes us to realize that banking stability and safety has a close bearing on that of the whole financial system in certain area and nation. We think that it is very difficult to solve the problem of banking asset quality in Guangxi. Firstly, banking efficiency in Guangxi is fairly low and further forms regional loss. Secondly, banking risk there possess the feature of transitivity, expansion, hysteresis and extension. Thirdly, most of banking profit in Guangxi is obtained through interest differential between deposits and loans, while income of intermediary business is extremely low. And credit exposure is accumulating gradually in Guangxi. Ultimately there is a phenomenon of moral hazard and financial corruption in Guangxi banking sector. Economic and financial development would be influenced and national interests would be damaged and reform cost would be raised by any wrong step or impatience throughout the banking system reform. In view of the above, in order to study the problem of Guangxi banking asset risk, we firstly study the situation of banking assets risk in Guangxi from a macroeconomic angle and hold the background of banking assets risk well. Then we turn to the core of the paper middle and microeconomic study of XIII

16 financial theory. In this section we shall make sure scientific and reasonable notion, mechanism, framework and measures of asset risk regulation, and accurately deal with the contradiction between asset risk regulation and banking competition capacity raise, and pay more attention to such deep-rooted structural problems as banking system, corporation governance structure and management layer. There are four creative points: one is that the problem of asset risk and risk precaution would be studied according to regional features. The second creative point is that risk regulation of banking asset would be separated into endogenous supervision and exogenous supervision and thus becomes the causes of supervision phase separation. The third one is that management process reengineering is organization security (insurance) of risk regulation of banking asset. The fourth creative point is to explore supervision model of banking asset risk in Guangxi on the base of domestic and foreign advanced management model of risk asset, combined with our banking practical situation, especially the characteristic of Guangxi banking. XIV

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