Strategy Resarch On Intermediate Business Development Of Commercial Banks In China

As the continuously pushing forward of China’s financial reform wave.the competition of financial sector is becoming fierce,China’s banking is facing various challenges,commercial banks’operating enviroment have taken profound changes,such as the rapid development of the capital market, the massive influx of foreign banks in China, the meteoric rise of Internet financial, the accelerate of interest rate marketization process,and so on.These reasons have caused huge shock to the development of commercial banks,lead to the tradational assets and liabilities business profit margins shrinking,, commercial Banks need to adjust business model, to develop new sources of profit, as one of the three business of commercial banks, Intermediary business has the advantages of low investment, small risk, high income and is becoming the focus of development.To be sure, future competition field between banks is the intermediate business.Although our country commercial banks’intermediary business has developed rapidly in these years,because of starting late, being limited by the related laws and policies and the banks themselves and so on factors, there is a big gap compared with western developed countries commercial banks. Therefore, China’s commercial banks in order to remain invincible in the increasingly competitive domestic and international markets, we must accelerate the transformation and upgrading of the existing business model, accelerate the development of intermediate business,, improve profit contribution rate of intermediate business income.This paper first expounded the related theory of intermediate business, combed the related research results at home and abroad, take 16 listed commercial banks as the example to analyze the current situation of intermediate business development of China commercial banks,summsrized the development situation and characteristics of western developed countries commercial banks’ intermediate business, analyzed the problems existing in the development of our country commercial banks, selected China’s largest commercial bank ICBC as a case.selected its 2006 to the fourth quarter of 2014, a total of 33 quarterly financial data as a sample, carried on empirical analysis to the micro factors, put forward corresponding countermeasures, has a certain theoretical and practical significance to accelerate the development of internediary business of ICBC.