Credit risk is one of the main risks faced by commercial banks,the bank's wealth man-agement business is closely related to the proprietary operations of commercial banks,exploring the impact of bank wealth management on commercial bank credit risk is of great significance for pre-venting and resolving financial risks.Based on panel sample data from 28 listed commercial banks in China from 2013 to 2022,this study empirically tests the impact and heterogeneity characteristics of bank wealth management business development on commercial bank credit risk,and further analyz-es and explores the impact of bank wealth management business development on commercial bank credit risk after the release of the New Asset Management Regulations.Research has found that:(1)bank wealth management significantly enhances the credit risk of commercial banks;(2)There is het-erogeneity in the impact of bank wealth management on the credit risk of commercial banks.Bank wealth management significantly increases credit risk for state-owned and joint-stock banks,but its effect on the credit risk of urban commercial banks and rural commercial banks is not significant;(3)After the introduction of the New Asset Management Regulations,bank wealth management reduces the credit risk of commercial banks.Based on this,policy recommendations are proposed to optimize the market environment for bank wealth management investment,deepen the transformation of bank wealth management net worth,and accelerate the establishment of wealth management subsidiaries.
bank wealth managementcredit risknew regulations on asset management
万方数据
维普
