金融脱媒对商业银行业务及管理的影响

随着金融体系的演进，尤其是便利直接投融资的股权和债权产品市场的发展，金融脱媒成为一种必然趋势。这种趋势对商业银行核心业务的基本形式和管理体系都具有深远影响。积极融入到金融体系的发展进程中，开展主动型的资产、负债和中间业务，运用脱媒环境完善其风险管理和现代企业制度，是商业银行发展的必由之路。

The Impacts of Financial Disintermediation on Commercial Banks

With the evolution of financial system, especially the enrichment of financial instruments of equity and debt, the financial disintermediation becomes a tendency. The tendency has important influence on the core businesses and management of commercial banks. It is the only way for commercial banks to actively integrate themselves into the financial system, conduct positive market operations, run positive asset, liability and intermediary businesses, refine their risk management system and establish modern corporate system.