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的财务绩效变化进行量化评估和分析，紧接着对并购后的战略变化进行整合。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ABSTRACTResearch on the Performance of China CITIC Bank's M&A of AltynBank Under the Background of the Belt and Road Initiative批注[先美张1小：英文趣目及关键词的首字母需要大写ABSTRACTThe initiatives of "Silk Road Economic Belt"and "21 st Century Maritime SilkRoad"proposed in 2013 that the actual implementation of the project needs hugefinancial support,so the One Belt And One Road Initiative provides more opportunitiesfor transnational mergers and development of local commercial banks.As one of theimportant pillars of China's economic and financial development,local commercialbanks play an irreplaceable role in promoting the construction of "One Belt And OneRoad".Therefore,this paper takes the case of the first local commercial bank'scommercial bank mergers and acquisitions along the "One Belt And One Road"(ChinaCITIC Bank mergers and acquisitions of Alkin Bank as the research object)to analyzethe performance and influencing factors under the background of "One Belt And OneRoad",and provide experience for cross-border mergers and acquisitions of similarcommercial banks in the future.This paper focuses on case analysis.First,it explains the research significance ofthe M&A case in the context of "One Belt And One Road",then it sorts out relevanttheories and literature,and then it introduces the background of both parties,motivationand process of M&A.Then the financial analysis method is used to quantitativelyevaluate and analyze the changes in financial performance before and after theacquisition of Altun Bank by China CITIC Bank,followed by the integration of thestrategic changes after the acquisition.Finally,based on the performance researchconclusions of China CITIC Bank's acquisition of Altun Bank,this paper puts forwardfeasible suggestions on cross-border M&A activities of China CITIC Bank and otherdomestic commercial banks under the background of "One Belt And One Road".Key words:Commercial Bank;Performance Analysis;"Belt and Road"Cross-border Mergers and Acquisitions目录目录摘要ABSTRACT…第1章绪论…-5-1.1选题背景及意义1.1.1研究背景..-5-1.1.2研究意义…1.2文献综述1.2.1国内研究现状…1.2.2国外研究现状1.3研究内容及方法…1.3.1研究内容.…-1-1.3.2研究方法…1.3.3研究框架…第2章相关概念与理论基础…2.1.1并购绩效的定义…2.2.1协同效应理论.2.12并购绩效相关理论.-5-第3章中信银行并购阿尔金银行的动因分析3.1并购双方介绍-6-3.1.1收购方中信银行概况3.1.2被收购方阿尔金银行简介…3.2并购过程-8-3.3并购支付方式及规模比较3.4中信银行并购阿尔金银行的动因.错误！未定义书签。3.4.1国家战略需要..错误！未定义书签。3.4.2自身发展布局.错误！未定义书签。3.4.3资源协同、业务互补.…错误！未定义书签。第4章中信银行并购阿尔金银行的财务绩效分析.错误！未定义书签。4.1偿债能力分析.错误！未定义书签。4.1.1资产负债率错误！未定义书签。