Studies On Bank Reengineering In China

The 21st century is a new financial era marked with financial liberalization, financial globalization and financial information,which makes the financial industry hovering at the crossroads of history while making the decision of what to do,especially alter the outbreak of the global financial crisis caused by the U.S. sub-prime crisis in 2008.For the risiag China,the development of financial industry is undoubtedly responsible for the mission of economic development,especially for the commercial banks as the important element in the financial industry.Proposed by the "Government Work Report" since 2006,GDP is developing in the annual growth rate of 8%.In the background of financial crisis,Chinese commercial banks must strive to improve their efficiency to keep the economy developing welt and rapidly.In addition,China banking regulatory commission approved that HSBC,bank of EastAsia,Standard Bank and Citibank can be fully engaged in the foreign exchange and RMB business in China at 2007.In the view of philosophy,the changing is always dominated by the internal changes,so as to adapt to the changes in the outside world,the commercial banks should practice the "internal strength" in the circumstance of a changing outside world.How the commercial banks practice their "internal strength"?I think that re-engineering the bank is the direct means of improving the efficiency of commercial banks.But how to connect the efficiency of the bank with bank re-engineering, however,no matter in theory or practice,there is few research on the topic of how to connect bank re-engineering with efficiency and the topic of how to re-engineer around the objective of improving efficiency.Thinking of this,this article is based on re-engineering,finding that not all the re-engineering can improve the efficiency after comparative analysis of the differences in the efficiency performed before and after the re-engineering,only the re-engineering that conducting around the main factors that affect the efficiency of the commercial banks may be a successful one.At first,some analysis and summary about relevant theories of banks re-engineering and the efficiency of commercial bank are accomplished in chapter 2 and chapter 3,then,in chapter 4,the current situation of the development of commercial banks in our country is discussed,clarifying that successful bank re-engineering is an effective means of improving the efficiency of commercial banks.In chapter 5,I measure,compare and analyze the efficiency performed before and after the re-engineering with the method of frontal analysis,finding that not all the re-engineering can improve the efficiency.Ascertaining the main factors that affect the efficiency of commercial banks after the regression correlation analysis of the factors that affect the efficiency of commercial banks,decomposing them,with the method of clustering analysis,to generalize the main direction of re-engineering of commercial banks,that is,business process,organizational structure,information system.Then,in chapter 6,I discussed the re-engineering program of commercial banks around the above three aspects.In chapter 7,I compared two aspects of success and failure through two re-engineering cases of commercial banks,confirming furtherly that only centered with the main factors that affect the efficiency can re-engineering of the commercial banks achieve success.I hope that the research of re-engineering of Chinese commercial banks can provide some reference to the commercial banks that are currently conducting or will be carried out re-engineering.In this paper,to articulate re-engineering is an effective way to improve the efficiency of commercial banks with the practical of scientific and rational through reform and development of China bank sectors.Through the efficiency of commercial banks before and after re-comparative study to explore the direction of China's commercial banks as well as recycling and recycling programs were studied.It is a radical significance for the bank of re-engineering in China.at the same time,it is a positive role for ensureing financial security of china and maintaining economic booming.The main conclusions of this paper:1,it is an effective way to improve efficiency of commercial bank with re-engineeringCommercial banks are facing increasingly fierce competitional enterprises that with intelligence-intensive and service-oriented,in order to survive and development better,we must improve efficiency of bank through variety of ways, so to enable maintain a competitive advantage and quality characteristics of the commercial bank.From the point of view in nature,re-engineering is a revolution that with using new,and vitality practice to replace the old mode of production and thinking,it will create more efficient with re-engineering.2,the efficiency of commercial banks is token of comprehensive capacity of bank in essenceThe efficiency of commercial banks in this article refers to a kind of ability,which can realize a better allocation of resources so that they can performance a stronger market competitiveness and risk control,realize sustainable development to reach satisfactory inside and outside of the organization,in the basis of ensuring their profitability,safety,liquidity.in the paper to increase soft inputs(satisfaction of employee) and soft-output(satisfaction of customer),the definition of efficiency of commercial banks will be extended from exterior extension and internal extension the expansion also more concerned about the reflect and support of people in the efficiency of commercial banks.3,to define and validate the affected main factors of efficiency of bank with perspective of managementMeasure,compare and analyze the efficiency performed before and after the re-engineering with the method of frontal analysis with the 10 joint-stock commercial banks from 2000 to 2008 period,further conduct questionnaire survey of experts of bank for major factor affected the efficiency of commercial bank.and prove the viability,innovation and intellectual capacity having a highly relevant with the efficiency of commercial banks through multiple regression analysis after the regression correlation analysis of the factors that affected the efficiency of commercial banks,contact the efficiency with re-engineering by the main factors of affected the efficiency of commercial bank.it will be successful for re-engineering that focus closely on the factors that affected the efficiency of commercial banks.4,to clarify the main aspects of successful re-engineering of bankDecompose management ability,innovation and intellectual capacity that ffected the efficiency of commercial banks.generalize the main direction of re-engineering of commercial banks,that is,business process,organizational structure,information system with the method of clustering analysis,and study two case of re-engineering that China minsheng Bank and Shenzhen developmenting Bank in this paper,to validate further having more efficiency after re-engineering that project performed more accord with the project introduced by this paper, whereas,efficiency after re-engineering will be lower.The principal innovation of this paper:first,it is still blank that to study the re-engineering from the perspective of efficiency of commercial banks,secondly, to define the efficiency of commercial banks,third,it is newly that to present the main factors that affected efficiency of commercial banks from the managemental point of view.fourth,to convert the factors that affected the efficiency of commercial banks by useing clustering method,in order to project re-engineering of commercial banks.