Research On Business Innovation Of Modern Commercial Bank

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 global 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.This paper tried to establish the condition frame of the commercial bank's business innovation, on the basis of which, the paper analyzedthe commercial bank's business innovation between developed country and developing country through comparison. This paper put emphasis on studying and discussing business innovations in China's commercial banks from conditions, actuality and problems. At last, this paper gave some advice about the development of business innovation of China's commercial banks. This paper divides into five parts.The first part has introduced the course that business innovation of western bank mainly. Main content and development trend in the future of western bank's business innovation have been summarized.On the basis of these, the second part has summarized factors of financial innovation and analyzed the macroscopical influence and microeffect brought of financial innovation.Based on above two part 's analyze, the third part has set up the condition frame of business innovation, summarize out six major factors of business innovation; have compared the difference between the developed country and developing country's innovative environment.The current situation of financial innovation of Chinese commercial bank has analyzed in the third part. It divides from banking into traditional business and the middle of business two pieces part: Thedevelopment and innovation of the traditional business carry on comparative analysis in the form of chart respectively through the business of the assets and business of debt; Introduced the business state of development and scale in China, this part have analyzed the current demand of middle business in China.On the basis of the above analysis, the fifth part points out the question that financial transaction of business bank of China; To these questions, I give proposes and put forward the concrete train of the financial transaction innovated of future of business bank of China.