Investigation Into Intermediary Business Of Changzhi Branch Of Agricultural Bank Of China

With finance being globally integrated and liberalized after 1970s and 1980s, the business management of commercial banks in every country is growing remarkably comprehensive; in particular the rapid development of intermediary business turns out to be more outstanding. It is safe to say that the development of intermediary business has stood as an important sign of modern commercial bank. By contrast, China's commercial banks start relatively late the intermediary business, in recent years, domestic commercial banks have generally realized the importance of intermediary business and began developing the intermediary business in a more cost-effective manner, however, because of the weak base, and there is still a great gap to catch up with commercial banks in western countries. The five-year protection period after China's accession to WTO will expire on December,11,2006,from that date on, the foreign capital banks will enter china overall, the result of which is that China's commercial banks will face up to more fierce competitions. Therefore, how to develop the intermediary business smoothly has become an urgent issue confronting china's commercial banks.According to the related theories, this thesis studied the development of intermediary business of Changzhi Branch of Agricultural Bank of China. Firstly, based on an analysis of the background of intermediary business, this paper reviewed theories relevant to the intermediary business, which was followed by an introduction to the implication, characteristics andcategorizations of the intermediary business. Secondly, the influences that the intermediary business could have on the profit of Changzhi branch were explored by using theories of intermediary business; meanwhile, with the Changzhi branch considered, this paper looked into the intermediary business of Changzhi branch in three aspects~the current development, the existing problems and the reasons for these problems. Thirdly, through investigating the current development and natures of the intermediary business of the overseas counterparts, this paper intends to come up with some illuminations acting as the theoretical guide for Changzhi branch to promote its intermediary business. Fourthly, grounded on the theoretical analysis, this thesis put forward suggestions concerning the strategic standpoint and development of the intermediary business of Changzhi branch; it is advisable that the projects currently given priority by Changzhi branch should be studied more thoroughly; better suggestions are also given to Changzhi branch regarding the guidelines, the organizational support, marketing, talent mechanism, e-technology construction and service improvement. Lastly, this paper analyses the risks involved in intermediary business.The paper discussed how does the Changzhi branch to develop intermediary business and made a reasonable developing tactical based on the theory analysis. Meanwhile, with Changzhi branch investigated in this paper, the writer hoped to come up with some widely applied research findings and thus strived to offer certain theoretical reference for bigger branches (Shanxi branch, for instance) to develop the intermediary business.