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Business Innovations In Commercial Banks In China And Related Analysis

Posted on:2003-07-24Degree:MasterType:Thesis
Country:ChinaCandidate:Y FangFull Text:PDF
GTID:2156360092465765Subject:Technical Economics and Management Studies
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Business innovation in commercial banks is the uppermost content of financial innovation. From 1970's, the international banking experienced a climax of financial innovation, in which a mass of new financial business were created as a result of the change of international economy and finance, the business scope of commercial banks was enlarged by a long way, and the mix-industry management has become a globality current. The step of business innovation in China's banking is slow. In the face of WTO, China's finance industry is entirely opened to outside, commercial banks in home will be confronted with huge impact of foreign banks. In order to take up an advantageous status in this drastic international competition, commercial banks in China have to quicken steps of business innovation, make great efforts to create varieties of new business of save, financing and investment, etc., by which to upgrade their international competence. Thus, there is important realistic and academic significance to China's banking currently in discussing business innovation in commercial banks.On the basis of analyzing some investigations on related theories of financial innovation and innovative business in banks, this paper puts emphasis on studying and discussing business innovations in China's commercial banks from several aspects, as follows:⑴Business innovation in modern commercial banks is a process, which integrates human resource, capital and technologies that in existence in banks anew in terms of the change of markets and environments, to adapt and create markets, to meet market demands. It includes innovations in assets and abilities and innovations in intermediary business.⑵Analyzing the impacts of WTO to China's banking and the current management directions in international commercial banks; Analyzing the business status operated at present in home's commercial banks, by using a lot of charts and data.⑶On the basis of analyses ahead and the current laws, codes and system of banking, put forward some new businesses that can be carried in China's commercial banks now.⑷There are many problems in commercial banks' innovations currently. Furthermore, the warp of cognition, the lag of laws and policies, limitations of management system restricted these innovations in China. Thus, measures must be taken to reform organizations, system safeguard, and person with ability fostering and external environments.⑸When enhancing the efficiency of commercial banks, business innovations bring more risk to commercial banks, at the same time.
Keywords/Search Tags:Innovations
PDF Full Text Request
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