Competitiveness Of The Multinational Banks

In the twentieth century, the profound transformation of global economy and international finance system has urged the multinational banks to develop enormously and also has sharpened the competition between multinational banks. Under the competitive stress, all kinds of multinational banks take action to promote the competence in order to obtain competitive advantage.This paper makes use of the bank's competence evaluation method to compare the discrepancy of the competence index between the several typical multinational banks. And also, this paper analyzes the discrepancy of the ratio of return on assets and other competence index between them from the dynamic prospective. At last, we analyze the effects of multinational banks' organization, financial innovation and operating environment on multinational banks' competence.The core competence is the basis of the competence. And the characteristics of multinational bank's core competence can be expressed as follows: unique, changeable and so on. Then we analyze that how multinational banks bring up their core competence from the point of view of management. These ways involve strategy, organization, marketing, human resource management and culture of corporate and so on.Based on the comparison and analysis and combining the status of our country' s banks, this paper brings forward the measures that bring up the core competence of our multinational banks: firstly we should recognize the importance of competence to banks especially to multinational banks; secondly we should expedite the innovation; thirdly we should establish and execute the tactics that can bring up our multinational bank's core competence; at last, we should expedite the reform of our banking's mechanism.