Empirical Analysis on the Competitiveness of Commercial Banks in China

Wenjia Sun

Abstract: We select 12 listed banks for the study. Using the data in the 2015 semi-annual report, the paper analyzes and evaluates the competitiveness of commercial banks in China by using the principal component analysis method. The results show that ICBC, Pudong Development Bank and Industrial Bank have the strongest combined competitive strength, while Huaxia Bank, Ningbo Bank and Minsheng Bank have the weakest combined competitive strength. Further analyzing the competitiveness of listed commercial banks in China, this paper objectively reflects the competitiveness of listed commercial banks in China, and puts forward different development strategies.

Keywords: Commercial Banks, competitiveness, Principal component analysis pca