1970年以来，全球金融监管制度一直处于较为宽松的状态，再加上金融网络技术 的不断创新，为影子银行业务的发展创造了便利条件。由于我国的金融市场长期处于 流动性过剩的状态，而且很多缺乏资金的企业通过正常途径融资较为困难，影子银行 业务应运而生。我国部分商业银行在发展影子银行业务的过程中，获得了一定的利益， 但也产生了一些问题。随着监管制度的不断完善，我国对于影子银行业务的限制也愈 加严格，我国中小商业银行如何完善自身发展，如何对待已开展的影子银行业务，未 来类似的表外融资业务将如何进行开展有较为重要的意义。 本文首先从概念上对影子银行的概念进行了阐述，对国内外关于影子银行的界定 差异进行了对比分析，总结归纳了国内影子银行的构成及特点。其次，阐述了T银行 的概况及其发展影子银行业务的主要操作手法，通过分析该银行的资产负债结构，发 现影子银行业务确为T银行带来了发展，但也得出结论：单一表外经营的影子银行业 务所带来的发展并不全面。再次，以T银行的发展不全面作为切入，找出了T银行发 展影子银行业务所带来的系统性及非系统性风险增加、后续发展问题较多、扰乱金融 市场秩序的各种问题并对相应问题原因进行了分析。最后，针对上述问题对T银行提 出了改善客户结构，严控业务风险、 制定符合实际的发展策略、合理发展影子银行 业务三方面的建议。 关键词：影子银行；影子银行业务；影响；金融监管 II Abstract Since 1970, the global financial supervision system has been in a relatively loose state, coupled with the continuous innovation of financial network technology, creating convenient conditions for the development of shadow banking business. Since China's financial market has been in a state of excess liquidity for a long time, and many enterprises lacking funds are more difficult to finance through normal channels, shadow banking business has emerged. Some commercial banks in China have gained certain benefits in the process of developing shadow banking business, but they have also produced some problems. With the continuous improvement of the regulatory system, China's restrictions on shadow banking are becoming more and more strict. How can China's small and medium-sized commercial banks improve their own development, and how to deal with the existing off-balance sheet financing business in the future will be more important. The meaning. This paper firstly expounds the concept of shadow banking from the concept, compares and analyzes the definition differences of shadow banking at home and abroad, and summarizes the composition and characteristics of domestic shadow banking. Secondly, it expounds the general situation of T Bank and the main operation methods of developing shadow banking business. By analyzing the bank's asset and liability structure, it is found that the shadow banking business has brought development to T Bank, but also concluded that: single out-of-balance sheet The development brought about by the shadow banking business is not comprehensive. Thirdly, with the incomplete development of T Bank, we found out the systematic and non-systematic risks brought by T Bank’s development of shadow banking. There were many problems in the follow-up development, which disturbed the various issues of the financial market order and analyzed the causes of the corresponding problems. Finally, in response to the above problems, T Bank proposed to improve the customer structure, strictly control business risks, formulate realistic development strategies, and rationally develop shadow banking. KEY WORDS：Shadow banking; shadow banking; impact; financial regulation III 目 录 摘要.................................................................................................................................I Abstract..................................................................................................................................II 第一章 绪论......................................................................................................................- 1 - 1.1 选题背景及意义.........................................................................................................- 1 - 1.1.1 选题背景..........................................................................................................- 1 - 1.1.2 选题意义..........................................................................................................- 2 - 1.2 国内外研究现状.........................................................................................................- 2 - 1.2.1 国外研究现状..................................................................................................- 2 - 1.2.2 国内研究现状..................................................................................................- 4 - 1.2.3 国内外研究评述..............................................................................................- 6 - 1.3 研究内容及研究方法.................................................................................................- 7 - 1.3.1 研究内容..........................................................................................................- 7 - 1.3.2 研究方法..........................................................................................................- 7 - 第二章 影子银行相关概念及理论..................................................................................- 9 - 2.1 影子银行的概念及国内外差异.................................................................................- 9 - 2.1.1 影子银行的概念..............................................................................................- 9 - 2.1.2 国内外影子银行的显著差异..........................................................................- 9 - 2.2 我国影子银行的特点...............................................................................................- 10 - 2.2.1 杠杆率不稳定................................................................................................- 10 - 2.2.2 信息不对称性................................................................................................- 11 - 2.2.3 服务对象两极化............................................................................................- 11 - 2.2.4 不受监管或受监管少....................................................................................- 11 - 2.3 我国影子银行业务的构成.......................................................................................- 11 - 2.3.1 委托贷款........................................................................................................- 12 - 2.3.2 票据及存单类................................................................................................- 12 - 2.3.3 信托贷款........................................................................................................- 13 - 2.3.4 信贷资产转让................................................................................................- 13 - 2.4 金融监管理论...........................................................................................................- 14 - IV 2.4.1 最后贷款人理论............................................................................................- 14 - 2.4.2 金融脆弱性理论............................................................................................- 14 - 2.5 本章小结...................................................................................................................- 15 - 第三章 T银行概况及影子银行业务发展现状.............................................................- 17 - 3.1 T银行概况.................................................................................................................- 17 - 3.1.1 T银行的组织架构..........................................................................................- 17 - 3.1.2 T银行的贷款结构及投向..............................................................................- 18 - 3.1.3 T银行各项监管指标情况..............................................................................- 19 - 3.2 T银行影子银行业务发展现状.................................................................................- 20 - 3.2.1 T银行影子银行业务的主要操作手法....................