The Study On Innovation Management In International Trade Financing Business Of DL Bank

Bringing forth new ideas to international trade financing business of commercial banks is not only objectively required by different features of global trade economy and the raised financial regulation standard, but also subjectively asked for by banks to enhance comprehensive competitiveness. In recent years, international trade financing business has become one of the most popular ones in banking industry.As a city commercial bank, Bank of DL (BDL) has more than a few problems in developing international trade financing business, such as insufficient market-oriented financing products, old-fashioned management mode, inefficient risk management system, and instable talents building system. To follow the development of international trade, adapt itself to the changing regulatory environment home and abroad, answer to horizontal competition and meet the requirement of management transformation, BDL should put more efforts to find new ideas in international trade financing. To survive, BDL must look for new development ways through innovation so as to power the sound development of international trade financing business.Considering current situation of BDL international trade financing business, this paper, with innovation management theory and method, gives a detailed analysis on factors influencing strategy, organization, resources and system involved in the innovation management of BDL international trade financing business, as well as the action mechanism of these factors to innovation. By studying BDL innovation process, it aims to further the development of BDL international trade financing business through establishing innovation management mechanism and method, which is designed to build core competitiveness and create value by the way of combining innovational elements and collaborative innovation.In the last part, on account of these factors and current problems, the paper puts forward suggestions on how to further advance innovation of international trade financing business in four aspects:enhancing strategic management ability in international trade financing business, optimizing inner institutional framework, diversifying innovation resources, and strengthening innovation management system including risk management system and performance appraisal system.