Research On The Transformation Of Corporate Business For ABC Bank

Corporate business of commercial banks refers to providing services to companies and institutions. Traditional corporate business includes assets, liabilities and intermediary business. In China, corporate business is in the core of all business for commercial banks and it is also the main source of income for those banks. In addition, corporate business is also of great importance for commercial banks in keeping their competitive advantage, explore new business growth point.As one of the four state-owned commercial banks, Agricultural bank of China has its own characteristics and advantages in the operation and development of its corporate business and remains competitive situation in the area. However, in recent years, the corporate business of ABC faces lower growth and inefficient innovation. On the one hand, this is because the changes of the financial market environment, such as the interest rate marketization, the development of the Internet financial and multi-level capital market which leads customers to giving up the traditional lending and seek help by direct financing. On the other hand, there exists many defects in the management, marketing, service and product innovation for ABC.In the new normal, the emergence of many large enterprise groups, and rapid growth of small and medium-sized enterprises put forward higher requirements in service level, service efficiency, service fees and the integrated services for commercial banks. All these things require the Agricultural Bank of China must initiative innovation in services and products to meet the needs of customers according to the changes in their demand.And thus guarantee its own competitive advantages and sustainable development.In this paper, in accordance with the research train of "discovery, analyze and solve problems", firstly it is the summary of the research literature on corporate business transformation of commercial bank. Then based on the international economic recovery, domestic economic restructuring and capital market development trend, the necessity and feasibility of the transformation of corporate business for ABC is analyzed. Next, in combination with the author’s working practice, the paper sums up the developments and achievements of corporate business, analysis the current problems existing in the management in ABC and provides detailed, targeted solutions to the business idea transformation, the optimization of customers toward, the business model innovation, the organizational mechanism reform. On the basis of summarizing the paper content, the thesis research conclusion is about the corporate business transformation for commercial banks.The research object of the thesis, Agricultural Bank of China, is typical and representative. Some problems facing ABC in corporate business are prevalent problems foe other commercial banks. Asset quality under pressure, non-performing loan ratio increase, the traditional credit business growth slowing, intermediate business development difficulties and a series of problems, restricted the corporate business development in China’s banking industry. The research results, to some extent, can provide commercial banks with a certain reference significance in their corporate business transformation...