Research On Corporate Business Transformation For Industrial And Commercial Bank Of China

As China’s economy has gradually entered the "high speed, excellent structure,new power, many challenges" as the main features of the new normal, is in shifting domestic economic growth and the adjustment period, and the deepening of industrial restructuring, increasing financial formats intricate, domestic financial policy environment, regulatory and market environment continues to evolve. But China’s economy is deeply integrated into the global economy, more and more vulnerable to changes in the international economic situation, the world economy is still in crisis after the repair stage, the overall weakness in the recovery trend has improved remarkably difficult to estimate, the major economies trends and policy orientation continue to divide, it may affect the global interest rates and capital flows. Financial economic decisions, the new economy must create new normal banking norm, in the large pattern of domestic and international economic change, commercial banks facing economic slowdown, the deposit diversion, financing disintermediation, spreads narrowed, strict supervision, asset quality decline and other unfavorable factors, the existing business model unsustainable development, unsustainable, bank market operation mechanism,competition with banks and traditional development methods are quietly changing,urgent restructuring and development of domestic commercial banks are required by the traditional "high capital occupied, high-speed expansion of assets " as traits extensive growth mode shift to a " low capital consumption, high return on capital " is characterized by intensive growth mode.Corporate Business is one of the most important source of profit for most domestic commercial banks, whether from the point of view of the existing status and the future development potential, for business transformation of commercial banks play a decisive role. Commercial banks must always remain profitable, we must actively adapt to the new economic normality, explore the new path of the development of Corporate Business, innovative financial products, improve service quality, creating sustainable earnings growth point. Industrial and Commercial Bank of China as a global profit,market capitalization, deposit, the brand value of "four first" and the internationalization of the rapid development of large state-owned commercial banks, while maintain the momentum of development stability in the international and domestic background of the profound changes in the two, but the face of economic new norm, how to meet the challenge, seize the opportunity, promote the Corporate Business transformation anddevelopment, has become the priority among priorities of business development of ICBC.From the perspective of integrating theory with practice, combined with domestic and international economic market environment and commercial banking especially brought to the business development trend, the development bottleneck, draw lessons from the experiences and lessons of foreign commercial bank management transformation, discusses the industrial and commercial bank’s core business-Corporate Business development problems, and try from seek for the development and transformation of industrial and Commercial Bank of Corporate Business direction,strategy, using the related work experience, by way of field survey, data statistics contrast analysis, to industrial and Commercial Bank of the situation of public business development and problems are analyzed, finally the direction of industrial and Commercial Bank of Corporate Business established in the business transformation process of the target,, strategic measures concluded.Research on the Industrial and Commercial Bank of China on how to obtain Corporate Business in the new economy of innovation and transformation of normal healthy development, establish a sound has important practical implications for Corporate Business development mechanism conducive to achieving business development ICBC mention in the new normal economy quality and efficiency upgrades, while ICBC business restructuring and development of the public as a reference, in favor of the development of other commercial banks to better service for the public to realize the benefits of Corporate Business, quality, coordinated and sustainable development.