Ethics Missing In The Modern Commercial Bank And Build

As a kind of flexible restriction opposite to law, the function of ethic is becoming increasingly obvious in every respect of our society, especially in modern banking. On one hand, ethic is helpful to establish a harmonious and orderly modern banking system so as to enhance the development of modern banking industry. Consequently, the lack of ethic will hinder the development of banking and even the whole economy. Actually, in many cases, it was the lack of ethic that resulted in the crises of banks and some even led to their bankruptcy. The great function of ethic in banking has early been realized in many other countries, especially some developed countries. Honesty, credibility, humanity management and professional morality of banking personnel has long been emphasized and studied.However, the function of ethic in Chinese banking has not been fully recognized. For a long time, owing to the unsophisticated planned-economy and restriction system as well as the low professional morality in the financial industry, there has been a severe lack of credibility, fairness and professional morality in banking. During the establishment of modern banking, the development of the ethic should be enhanced, under the principle of efficiency, fairness and the priority of national profit, through strengthening morality construction, setting up credit archives and creating equal, fair and open financial environment in a full swing. What's more, the establishment of ethic in modern banking is an integrated systematic project, any shortage of which factor will baffle the development of the industry and even lead to crisis.