Research on the Factors of Development of Noninterest Activities of Chinese Commercial Banks——Based on the Panel Data Before and After Crisis of 13 Listed Banks
This paper selects panel data from 2002to 2011of 13China's listed commercial banks.It establishes fixed-effects cross-sectional model to analyze the development of noninterest income of China's commercial banks.It identifies the external and internal factors of noninterest income.Furthermore,it explores the effect of the financial crisis in 2008on the development of noninterest income of China's commercial banks in the future.Results indicate that the scale expansion of the banks,the scale expansion of non-bank financial institutions and the increase of social financing management need have significant effects on noninterest activities' development,respectively;while,the rise of return on asset,the increase of loan to deposit ratio and the scale expansion of foreign banks have negative effects on noninterest activities' development.In addition,the financial crisis pushed Chinese banks to exert stricter regulations on the development of noninterest activities.