Chinese Commercial Banks To Go Out "study

Financial globalization is one of the most profound changes in current world. "Going out" strategy adopted by commercial banks has become an era of choice for multinational banks.Under the context of continuously deepening financial sector reforms in China and accelerated globalization process of international financial markets, especially in the circumstance of rapidly spreading international financial crisis, it is a key strategic issue for China's banking sector to operate international business, enhance international competitiveness, seize the opportunity and formulate international development of science Strategy in the premise of effective risk management. With the full opening-up of China's banking sector, Chinese banks face greater challenges.How to "going out" becomes a hot topic for a time.Large banks with strength try to expand overseas operations.Opinions vary with success and experience.Stricken by this financial crisis, the European giant banking suffered heavy losses.The domestic focus pays more attention to Chinese banks that have been rapidly listed among world's big banks.International experience shows that in the global and regional financial crisis,it is more likely for late-coming banks to become global.At the present, many financial institutions are caught into the global liquidity difficulty. Chinese commercial banks have been greatly enhanced in terms of asset scale and financial strength after successful listing.They should take this opportunity to expand their international operation. This paper attempts to analyze the trend of global commercial banks' "going out" strategy. In addition, the paper will try to put forward policy recommendations for the globalization of Chinese commercial banks, with the consideration of China's actual situation and the current financial crisis.