Optimization Of The Agricultural Bank Of China Branch In Gansu Cost Management

China’s accession to WTO ten years, competition in the domestic banking industry has undergone enormous changes occurred. On the one hand, more and more international commercial banks enter China; on the other hand, the domestic commercial banks have sprung growing, each local commercial banks have to open up branches nationwide, competition and changes in financial markets put forward higher requirements to Gansu Branch of Agricultural Bank of China’s growing level of management. In addition, China’s currency and interest rate policy is relatively tight, information channels are unblocked, through innovation to enhance the competitiveness of commercial banks is not the only channel, income is the fundamental survival and development of commercial banks, the cost control is undoubtedly the cornerstone of earnings. So, how to reform the operational mechanism and management system, establishing a reasonable, effective and improve cost management system, strengthen cost management has become the top priority of management for Gansu Branch of Agricultural Bank of China.However, the traditional business cost management is a "cost control" approach, cost control is mainly responsible for the financial sector, through reducing the budget, saving money, controlling costs and so on. The total Cost Management adopted by the modern international commercial bank is the modern management methods, using modern management principles and techniques, focusing on efficiency, according to bank management activities of the various levels and in various categories, features all aspects of the business and the cost-benefit case for all-round adjustment and control. Realized the source control of costs, changing from later accounts to prior guidance and interim control, afterwards costs by passive acceptance into beforehand projected costs, cost control. Based on the above background and ideas, to optimizing the cost management of Gansu Branch of ABC using comprehensive cost management concepts has become the purpose of this paper.Comprehensive cost management theory is this article’s foundation, by analyzing the foreign commercial banks advanced cost management practices, it puts forward the importance of China’s commercial banks to implement a comprehensive cost management. On this basis, this article analyzes cost management problems of Agricultural Bank of China branch in Gansu, and under the full cost management concepts, it puts forward strategies of reforming and improving cost management of Gansu Agricultural Bank of China branch.