摘要摘要“丝绸之路经济带”与“21世纪海上丝绸之路”的倡议于2013年提出，项目的实际实施需要庞大的资金支持，因此一带一路倡议为本土商业银行的跨国并购发展提供了更多的机遇。本土商业银行作为我国经济金融发展重要支柱之一，在推动“一带一路”建设上有着不可替代的作用。因此，本文以本土首家商业银行并购“一带一路”沿线国家商业银行的案例（中信银行并购阿尔金银行作为研究对象）以此来分析“一带一路”大背景下商业银行海外并购绩效及其影响因素为往后类似的商业银行跨境并购提供经验来借鉴。本文重点采用案例分析法研究，首先解释此次并购案例在“一带一路”大背景下的研究意义，其次对相关理论及文献进行了整理，接着从并购双方背景介绍并购动因和并购过程等方面着手进行介绍，然后用财务分析法对中信银行并购阿尔金银行前后其财务绩效的变化情况进行分析和评估，随后整合并购之后，企业的战略变化。最后，基于中信银行收购阿尔金银行的绩效研究结论，对中信银行和国内其他商业银行在“一带一路”背景下的跨国并购活动提出可行性建议。关键词：商业银行；绩效分析；一带一路；海外并购-I-ABSTRACTResearchonthePerformanceofChinaCITICBank'sM&AofAltynBankUndertheBackgroundoftheBeltandRoadInitiativeABSTRACTTheinitiativesof"SilkRoadEconomicBelt"and"21stCenturyMaritimeSilkRoad"proposedin2013thattheactualimplementationoftheprojectneedshugefinancialsupport,sotheOneBeltAndOneRoadInitiativeprovidesmoreopportunitiesfortransnationalmergersanddevelopmentoflocalcommercialbanks.AsoneoftheimportantpillarsofChina'seconomicandfinancialdevelopment,localcommercialbanksplayanirreplaceableroleinpromotingtheconstructionof"OneBeltAndOneRoad".Therefore,thispapertakesthecaseofthefirstlocalcommercialbank'scommercialbankmergersandacquisitionsalongthe"OneBeltAndOneRoad"(ChinaCITICBankmergersandacquisitionsofAlkinBankastheresearchobject)toanalyzetheperformanceandinfluencingfactorsunderthebackgroundof"OneBeltAndOneRoad",andprovideexperienceforcross-bordermergersandacquisitionsofsimilarcommercialbanksinthefuture.Thispaperfocusesoncaseanalysis.First,itexplainstheresearchsignificanceoftheM&Acaseinthecontextof"OneBeltAndOneRoad",thenitsortsoutrelevanttheoriesandliterature,andthenitintroducesthebackgroundofbothparties,motivationandprocessofM&A.ThenthefinancialanalysismethodisusedtoquantitativelyevaluateandanalyzethechangesinfinancialperformancebeforeandaftertheacquisitionofAltunBankbyChinaCITICBank,followedbytheintegrationofthestrategicchangesaftertheacquisition.Finally,basedontheperformanceresearchconclusionsofChinaCITICBank'sacquisitionofAltunBank,thispaperputsforwardfeasiblesuggestionsoncross-borderM&AactivitiesofChinaCITICBankandotherdomesticcommercialbanksunderthebackgroundof"OneBeltAndOneRoad".Keywords:CommercialBank；PerformanceAnalysis；“BeltandRoad”Cross-borderMergersandAcquisitionsII目录目录摘要............................................................................................................................IABSTRACT.....................................................................................................................II第1章绪论...............................................................................................................-5-1.1选题背景及意义...........................................................................................-5-1.1.1研究背景............................................................................................-5-1.1.2研究意义.................................................................................
