“一五”时期我国银行体制与工商体制同步单一化 ,金融业的市场因素逐渐消失 ,这是国家得以充分运用信贷手段推进三大社会主义改造 ,促使经济体制发生重大变革的基础。这一时期国家银行投资重点是国营商业与国营工业。国家银行工商信贷促进了经济的发展 ,但也有不少方面值得反思。一是金融市场的消失 ,造成利率杠杆失灵 ,资金利用率、投资效率低下。二是国家银行解决工商企业的“逆向选择”、“道德风险”的制度保证存在缺陷。三是国家银行对国营工商业贷款存在预算软约束 In the first five-year plan period, the banking system in our country was synchronized with the industrial and commercial system. The market factor in the financial industry was gradually disappearing. This is the basis for the state to make full use of credit to promote the three major socialist reforms and to bring about major changes in the economic system. During this period, the investment by state banks focused on state-owned commerce and state-owned industries. National Commercial Bank of Commerce to promote economic development, but there are many aspects worth considering. First, the disappearance of financial markets, resulting in the failure of interest rate leverage, capital utilization, investment inefficiency. Second, the National Bank to solve the “adverse selection” of business enterprises, “moral hazard” system to ensure that there are flaws. Third, the state bank has a soft budget constraint on state-owned industrial and commercial loans