Development Study Of Intermediary Business Of Commercial Bank Of China

The innovation and development of Intermediary Business of Commercial Bank and related theory started in the mid 90s of last century. After nearly 20 years of development,the change of financial system and continuous exaltation of emphasis degree on intermediary business,Commercial bank of china has made considerable progress in pricing of intermediary business products and services,development and so on. Intermediary business income share and the contribution on the profit steady increas year by year. Traditional revenue structure on the establishment of the income between deposits and lending interest is in the increasingly adjustment. However, due to laws and regulations lag, weak foundation for social credit, weak public financial awareness, intermediary business in China started late, Commercial Banks'shortage of talent, imperfect incentive and so on, the growth of Intermediary business of Chinese Commercial Bank is still at a low level. Intermediary business income share is the indicator to measure Intermediary Business is whether developed or not. This indicator is very low compared with developed countries. In this article, The most fundamental to Speed up the development of Intermediary Business of our commercial banks lies in the financial system. At the beginning of the development of Intermediary Business of our country, the vacancy of relevant laws and regulations and poor supervision lead to lacking of a clear legal definition of the Intermediary Business and management in a very long time. The pricing of the Intermediary Business product and service is in the confusion, free service is in the abundance, market competition is in a serious disorder. It can be said that a good foundation was not laid from the beginning.We are confronted with complex domestic and international financial situation at the present stage. Anti-risk ability and overall competitive strength of Chinese Banks are not strong. We are still at low level in Intermediary Business. So we can not easily shake and change the Diversified Business and Separate Supervision Policy currently implemented. In order to align with the trend of mixed International Finance and Financial Liberalization, we should vigorously promote the development of Financial holding company. This form of financial institutions is the best mode for China mixed financial industry under the current policies,meanwhile,Under the principle of functional regulation, The establishment of the main regulatory system can realize smooth transition from financial diversified business to mixed business.We should complete, revise and promulgate legal policy related with intermediary business of Chinese Banking and Financial Holding Companies as soon as possible to provide strong policy support and legal protection for major expansion of Intermediary Business and intensive supervision.