Different from the traditional asset-liability business, intermediary business is strictly restricted by financial laws and regulations. In general, as long as both parties agree, an agreement can be reached. Intermediary business can be traded on or off the market. Most intermediate businesses do not need corresponding capital preparation, which leads to excessive expansion of entrusted and self-operated intermediate businesses of some commercial banks and brings certain potential risks to commercial banks.

2. Poor transparency

Most intermediary businesses are not reflected in the balance sheet, and many businesses cannot be truly reflected in the financial statements. It is difficult for external users of financial statements, such as shareholders, creditors and financial supervision authorities, to understand all the business scope of banks and evaluate their operating results, and the transparency of operations is reduced, which affects the correct and comprehensive judgment of the market on the potential risks of banks and is not conducive to the effective supervision of the supervision authorities.

3. Risk diversification

Cross-risks are scattered in various businesses of banks. Intermediary business involves many links, and the credit, capital, accounting, computer and other departments of the bank are all related to it, so it is difficult to prevent risks and clarify responsibilities.

4. High leverage

The so-called high leverage is "small profits but quick turnover". This mainly refers to the characteristics of financial futures and foreign exchange deposit transactions in financial derivative business. For example, a bond investor can buy several bond futures contracts worth $6.5438+0 million in the financial futures market as long as he takes out $6.5438+0 million. Because of high leverage, there is both the possibility of making big profits and the possibility of losing money in financial derivative business transactions.

Extended data:

Business differentiation

Generalized intermediary business is equivalent to generalized off-balance-sheet business, which can be divided into two categories, narrow financial service business and narrow off-balance-sheet business. In our daily work, the intermediate business is the generalized intermediate business stipulated by the People's Bank of China, while the off-balance sheet business refers to the narrow off-balance sheet business reflected from the perspective of accounting standards.

Therefore, according to the traditional business and development of commercial banks, the business of commercial banks can be roughly divided into three categories: asset business, liability business and intermediary business, and can also be divided into four categories: asset business, liability business, intermediary business and off-balance sheet business.

Baidu Encyclopedia-Intermediate Business