Abstract Taking the monthly data of 4 state-owned large banks, 5 joint-stock banks and 4 city commercial banks from December, 2008 to August 2018 as statistic samples, this paper adopts time series threshold regression model and studies the co-relationship between market interest rate, product maturity, financial system liquidity and rate of return of commercial bank RMB financing products from the perspective of structural variation brought about by regulatory policies. The conclusion shows: in the past decade, regulation policies do have a short-term inhabitation effect on the rate of return of commercial bank RMB financing products, but have no long-term substantial effect. Market rate, product maturity are very important determinants and liquidity of financial system can also influence the rate.
LI Na. Research on the Influencing Factors of Rate of Return of Financing Products of Commercial Banks —From the Perspective of Regulatory Policy Changes. Economic Survey, 2019, 36(2): 0149.
2019, Vol. 36 
