Commercial banksInterest rate pricingManagement approach(piloted)
Chapter i
Article i
To adjust to interest ratesMarketizationReform
Establishing scientific interest rate pricing mechanisms
Regulating interest rate pricing
To achieve the benefits of the line。
Based on
Law of the people's republic of china on commercial banks
Guidance on market risk management for commercial banks
This is done by laws, regulations, etc., such as the rmb interest rate regulation。
Article ii
This approach applies to the pricing of operating interest rates in this line。
Article 3
The basic principles underlying interest rate pricing in this line include, inter alia, legal compliance, cost-effectiveness, and municipalities
Fieldized pricing principles, risk matching principles, differential pricing principles and regulatory management principles。
(i) the principle of legal compliance means that interest rate pricing must comply with the relevant laws, regulations, financial policies and policies of the state medium
The rules of the national people's bank concerning the rate of interest on loans
(ii) cost-effectiveness principle means that interest rate pricing is cost-effective, in terms of cost of funds, risk costs, management
Maximize the return on interest on the loan if there is a certain cost
(iii)
The principle of market-based pricing is that interest rate pricing is subject to changes in market interest rate levels
Business development and peer competition
(b) a flexible adjustment of strategies
(iv)
The principle of risk matching means that interest rate pricing takes full account of business risk factors
For low risk
Low interest rates should be applied to the business, and higher rates should be applied to the business
(v)
Differentiated pricing principles mean that interest rate pricing should be based on different client
Type of loan
Credit ratings
Competing factors in the market, such as loan modalities, loan duration, type of risk and daily average deposits in the line, are refined in the basis of accounting
Differentiated pricing
(vi) normative management principles refer to client departments (subdivisions)
.
Interest rates are priced and irregularities are strictly prohibited。
Chapter ii
Organization and responsibility for managing interest rate pricing
Article 4
The interest rate pricing management system in this line is the interest rate pricing committee
Level ii structure of operations。
(i) a day-to-day decision-making body at which interest rates are priced by the interest rate pricing management board, headed by the president
The staff is headed by a deputy director, compliance risk, operations management, integrated management, operations management, operations, etc
Composition of officials。
Responsible for setting the interest rate pricing policy and the level of implementation of interest rates in this line and for issuing and modifying interest rates in this line freeze
Price management approach and organizational implementation。
(ii) offices of the interest rate pricing management board, located in the compliance risks department, with the chief of staff co-located
The head of the risk management department, who is responsible for the day-to-day management of the interest rate pricing of the line, has the following main responsibilities:
- promotion, enforcement and enforcement of national interest rate policy regulations and acceptance of the supervision of the people's bank of china and the chinese banking sector
Management, inspection and oversight of the council
:: responsible for formulating the policy for setting the interest rate at the bank in accordance with national interest rate policies and developments in the region
(b) price models, the formulation of the most favourable interest rate and the rate-pricing floating formula, to be validated by the management committee
Analysis, studies and projections based on changes in interest rates by financial institutions and financial markets provided by the market sector
Interest rate postures, timely investigation, refinement of interest rate management policies and updating of interest rate pricing factors, timely adjustment of reference interest rates。
- organization, guidance, implementation of interest rate pricing policies
Organization of research and studies on interest rate pricing
(c) responsible for the review and approval of loans reported by client departments and branches below the level of the loan rate
And management of other interest rates。
