An Empirical Study on the Effect of Yu’ebao to the Deposits in Chinese Commercial Banks

摘要

Since the launch of Yu’ebao, the scale of it has reached up to 574.16 billion RMB by the end of June 2015 and has become the fourth greatest international monetary fund. The rapid expansion of Yu’ebao has brought about a knock-on effect on commercial bank. This article introduces panel regression mode to testify what the beingness of impact of Yu’ebao on saving deposits of commercial banks based on the perspective of saving deposits of commercial banks, as well as to make an comparative study of what the impact of Yu’ebao on different types of commercial banks, and try to come up with corresponding policy suggestion in the end based on empirical findings.