Research On Development And Innoviation Of Bank Of Communications

After entry of WTO, Chinese financial industry, especially the banking industry faces more and more fiercely competition from oversea rivals. As the biggest stock bank in China, Bank of Communications has been trying its best to improve its international competitive capacity.This thesis discuses the business innovation framework and alternatives of stock banks based on the above points and the examples of the author's working company- Bank of Communications. Starting from banks properties – acting as the professional information and treasury agency, Chapter One points out that business innovation is the requirement of all banks internal development,and emphasizes on the necessity and importance of finance innovation of Bank of Communications based on operating environment changes and fiercely competition from oversea and domestic rivals . Chapter Two emphasizes the analysis the common innovation framework and modes of Bank of Communications theoretically. And concludes that the operative innovation includes :business reorganizing, business improvement, business packing and service enhancement. Then the author concludes that fundamental regions and modes of business innovation form in Bank of Communications. In Chapter Three, combined the current status of divided operation of domestic commercial banks and the mixed operating tendency of the international banking industry, concludes that the financial cross business should be the choice of Bank of Communications. After the detailed narrative of the theory basis, the law basis and the history of financial cross business, the author brings two aspect of innovation to the front: capital and operation. Chapter Four analyzes the domestic financial environments and the innovation status of domestic counterparties, the private financial management should be considered as key point of Bank of Communications. After the design of the steps of private financial management business, the author analyzes some restricted factors faced by Bank of Communications. Finally Chapter Five analyzes the economic feasibility and some problems of foreign FX finance easy, which makes the study become more practical.