The Research On HJS Bank RMB Clearing Business Risk Evaluation

Along with the enhancing the economic strength of China and the continued increasing tradeproportion of global trade, considered as stable currency and a good public psychological expectations,RMB is be frequently used as border trade settlement currency. July2009, Head office of the HJS bankissued <HJS cross-border trade in RMB clearing business management approach>,marks the H Bank ofChina officially launches cross-border trade in pilot RMB settlement business. In2010, the cross-bordertrade in RMB clearing business of H Bank has been started fully in Heilongjiang Province. It’s conduciveto the use of advantage in local currency settlement and extensive grid points, to reach new customers, toincrease of intermediary business revenue, to open up new business, to enhance the competitiveness of HBank in International Settlements. Based on the theory of corporate strategic management. This reportanalyzes synthetically the realities and difficulties of expansion of the cross-border trade in RMB clearingbusiness of HJS Bank, introduces the prospect and long-term significance of the cross-border trade inRMB clearing business of HJS bank. Using the FAHP analysis method, it analyzes the competitivestrengths and weaknesses and threats of HJS bank, makes the strategic objectives and steps, it alsoformulates reasonable strategy routine. At last, it explores some safeguard measure of expansion strategy ofthe cross-border trade in RMB clearing business of HJS bank. The short-term measures includes enhancingcommunication with the local government and regulatory authorities, being the main bank, developing newcustomers, enhancing the training and the publicity, strengthening business Interactive marketing. And thelong-term measures includes marketing strategy, audit and risk control mechanisms, product innovation,linkage of the settlement net work, the structure of the financing business, personnel training, service. Theresearch focuses on practical utility, and provides the scientific basis for the decision of it cross-bordertrade in RMB clearing business of HJS bank.