A Study Of The Development Of The Private Bank In China

The development of private bank has been gaining momentum in the world today. Since 1990, the private bank's proportion in the total bank capital has been increasing, both in developed countries and developing ones. They will play an increasingly important role in the banking system in the future.In China, the development of private bank lags behind that of private sectors of the national economy. Their small proportion does not correspond to the development of private economy. As the private economy emerges and private bank develop, many experts believe that the development of private bank can guarantee the healthy development of China's banking system and national economy. In a context where the economy is developing rapidly and the banking system is undergoing reforms, it is of great significance to explore the development of private bank in China, of which Minsheng Bank is one.Based on an analysis of the situation of private bank in China, the paper studies China Minsheng Bank, China Zheshang Bank, Taizhou Bank, Tailong Bank and Chouzhou Commercial Bank of Zhejiang, and explore their development experiences. It compares the private bank with the state owned commercial banks and sharing-holding banks in order to find out the defects with the private bank. It analyzes the external and internal factors that hinder the development of the private bank in China, and, accordingly, offers suggestions and solutions to the problems in question.