Does this signal that commercial bank is an industry in severe decline ? will the commercial bank die in the future and be substituted by capital market and mutual fund 證券市場和以投資基金為代表的其他非銀行金融中介機構會最終取代商業銀行在金融體系中的地位嗎
While with the accelerating development of financial system and the financial innovation in the past thirty years , capital market and other non - bank financial intermediaries have increasingly competed with commercial bank . will commercial bank lose importance during this competition 但隨著70年代以來金融體制的巨大變革,證券市場和其他非銀行金融中介機構蓬勃發展,主要的資金需求雙方都有了更多的投融資工具可供選擇。
Firstly , the financial intermediation theory is addressed to clarify that commercial bank is special compared with capital market and other financial intermediaries . secondly , from the process of its development , commercial bank is proved to be an institution full of entrepreneur spirit and vitality 第二章回顧分析了金融中介理論,從中探尋商業銀行這一金融中介機構與證券市場或者其他非銀行金融中介機構相比,是否在某些功能上具有相對的優勢。