在当今金融市场上,最引人注目的莫过于金融机构的出现和发展,比较国际 市场,我国金融机构的发展尚处于初级阶段,它将在今后一段时间内得到长足发 展,并为国际金融市场的稳定做出重要贡献。鉴于此,当前对金融机构的研究就 显得尤为重要。而地方金融机构,如何改善金融经营环境、完善经营机制,增强 综合竞争力,这是金融体制改革以来所面临的一个新的课题。 本文从基础理论入手,对国际、国内金融业并购重组发展状况进行深入剖 析,阐述了入世后湖南省地方金融机构必须改变传统的发展战略,提出在全新的 经营环境中,在全新的机遇和挑战面前,以创新求发展的新思路。针对长沙市商 业银行的现状,研究其兼并重组战略目标的可行性。全文共分四章,约五万字左 右,采用了定性分析和定量分析相结合的研究方法。第一章就金融业并购重组理 论进行简单界定,并对其动因及运作机制进行论述。第二章首先简单回顾了国际 金融业并购重组的发展史,分析其变化特征,对未来发展趋势进行阐述,并列举 了三个典型案例。第三章概要介绍了我国银行业发展的基本背景情况,系统阐述 其在并购重组过程中适度规模的把握以及风险的防范等问题,并运用线性规划模型 进行有效性分析,同时列举了二个案例。第四章首先运用理论对组建城市商业银 行集团进行可行性分析。在前文分析的基础上,从长沙市商业银行发展现状分析 入手,着重对长、株、潭、岳四市商业银行以及周边四县兼并重组的战略发展提 出建议,并列举对浏阳设立分支机构的案例进行分析。 本文经过了二年多的资料收集和整理,在撰写过程中采取了严谨认真的科 学态度,希望通过由作者在理论与实践相结合的基础上所阐述的问题和观点,对 地方金融机构面对激烈的竞争进行系列创新的发展,在决策和操作上能有所参考 和实用价值。 关键词:WTO地方金融机构兼并重组ABSTRACT Intoday’5globalfinaneialm乏irket,what15themostoutstandingmightbethe emergeneeanddeveloPmentofthefinaneialinstitutionsParedwithinternational markets,thedeveloPmentofthefinaneialinstitutionsinChina15stillinitsinitialstage andexPeetedtogetwelldeveloPedintheeomingyears.Itwillmakegreateontributions tothestabilityofinternationalfinaneialmarket.Inviewof侃5sito以ion,it15ofvital imPortaneetodomoreresearchworkonthefinaneialorg丽Zation.However,duringthe finaneialglobalizationand侧thChina’5aeeessiontoWTO,howwillthelocalfinaneial institutions,asanimPodalltbraneh,imProvethefinaneialenvironment,quiekenthetransformationofbusinessmeehanismandstrengthentheiroveralleomPetitiveness. T五1515anewProblemfaeedinthereformofthefinaneialsystem, BaseduPonthetheory,thisPaperanalyzesthearmexationandreorg翻ZationinfinaneialindustryintheworldandChina,exPoundsthattheloealfinaneialinstitutions inHunanProvineeshould,afterClljna,5aeeessiontoWTO,ehangethetraditional develoPmentstrategyaceordinglyandPutsfop万ardthat,intheentirelynewbusiness envirorunentandfaced初thnewoPPortunitiesandehallenge,develoPment15basedon innovation.Meanwhile,也efeasibilityofthestrategietarget15studiedinthePaperinaeeordaneewiththePresentsitL以tlonofChangshaCityCon以rnercialBank.QuantitativeanalysisandqualitativeanalysisareeombinedinthePaper,whieh15dividedintofour ChaPters诚thabout50thousandwords.InthefirstchaPter,as恤Pledefinitionof annexationandreorganlzationoffinaneialindustry15Presented,助dthemotivationandmechanismarealsodiseussed.Intheseeondchapter,onthebasisofthebriefhistoryof thedeveloPmentoffinaneialannexationandreorganiZationandananalysisofitseharacteristiesaswell,thepaperexaminesthefuh廿etrends初ththreetyPiealeases.BasedonthebasieintroduetiontothedeveloPmentofChina,5finarieialindustry,third ehaptermakesasystematicstudyoftheoPtimumdeveloPmentsPeed,seale,struetUre, perfbrmaneeandriskaversion.InthefourthehaPter,feasibility15madeofthe establishmentofCityCornrnereialB肚水ingGrouP.BasedupontheaboveanalysisandthePresentdeveloPmentofChangshaCityComLrnereialBar水,thePaperofferssome suggestionsonthestrategiedeveloPmentoftheeityeonunereialbanksofChangsha,Xiangtang,Zh珑山ouandYueyangandtheannexationandreorganjzationoftheballksinNingxiangeounty,从lallgehengeounty,ChangshaeountyandLiuyang.ThePaperends bystodyingtheeaseofestablis址ngeityeonunercialbankinLiuyang.TheauthorhassPentmorethanoneyearineolleetingandsortingoutrelevant 血讯叨dinWriting.T七etime切Lkenand,effortsmadeshowtheaulthor15striet.It15 hopedthattheauthor,5vie帅ointsandsolutionstoProblemsinquestion初11beof somePractiealvalueforloealfinancialinstitUtionsintheirinnovativedeveloPmeniandintheirdeeision一makingandoPerations. Keywords:WTOLoealfinaneial此ti加tionMergerandaequisition目录 摘要???????????????????????????????????????????????????????????????????????????I Abstract..‘??????????????????????????????????????????????????????????????????11 第一章金融业并购重组的理论综述 1.1金融业并购重组的概念及类型?????????????????????????????,???1 1.2金融业并购重组的动因??????????????????????????????????????????1 1 . 3国际金融业并购重组的运作机制??????????????????????????????4 第二章国际金融业并购重组的特征与影响 2.1国际金融业并购重组的回顾????????????????????????????????????9 2 . 2国际金融业并购重组的变化特征???????????????????????????11 2.3国际金融业并购重组产生的影响???????????????????????????14 第三章国内金融业并购重组的动因及有效性研究 3.1基本背景情况???????????????????????????????????????????????????22 3.2国内金融业并购重组的适度规模与风险防范????????????34 3.3国内金融业并购重组的有效性分析????????????????????????37 3.4国内金融业并购重组的发展方向与现实途径????????????40 3.5国内金融业并购重组案例分析??????????????????????????????43 第四章湖南省地方金融机构兼并重组的可行性研究 4.1对组建湖南省城市商业银行集团的可行性研究?????????48 4.2长沙市商业银行兼并重组的可行性研究???????????????56 4.3浏阳市设立商业银行分支机构兼并重组的实际案例???“ 结论????????????????????????????????????????????????????????????????????????69 致谢??????????????????????????????????????????????????????????,?????????????70