摘要
Abstract
1 Introduction
1.1 Background
1.1.1 Regulations
1.1.2 Interest liberalization
1.1.3 Financial disintermediation
1.1.4 Competion from the entry of foreign banks
1.2 The purpose of the thesis
2 Literature Review
2.1 Existing literatures abroad
2.2 Domestic literatures
3 Definition and segmentation
4 The current condition of non-interest business in China
4.1 Fee-based activities as the largest noninterest income generator
4.2 Increased variety of fee-based activities
4.2.1 Bank card business
4.2.2 Investment banking
4.2.3 Agency business
4.2.4 Settlement and clearance
4.2.5 Guarantee and commitment service
4.2.6 Asset custody business
4.3 Higher noninterest income weights in large banks
4.4 No substitution effects for interest income
5 The volatility of non-interest income and its diversification effects
5.1 The volatility nature of non-interest income
5.2 Diversification effects
5.3 The overall effects of noninterest income on banks' revenue volatility
6 The effects of increasing non-interest income on profitability
6.1 Data and empirical model
6.2 Regression results and interpretation
7 Conclusion
7.1 Overall Conclusion
7.2 Suggestions on further development of noninterest income in China
Reference
致谢
