Community Business Development Research Of Bank Of Wei Fang

In recent years,because of state-owned banks’ poor service to the micro enterprises and residents,small banks have to develop community business to get development and growth in the competitive market. The community business has been deeply developed and getting economic and social benefits in the united states because of its unique positioning and business model.In the process of improving the financial system in our country, we want to draw lessons from the development of community bank’s experience to promote the development of the community bank system,the community banks will completely blend into the financial system..This paper introduces Bank of Weifang’s strategy of transition of community business.It is a powerful study of the current situation and surrondings of community business,and it raises some questions during actual process.For those questions,the paper puts forward some proposals about those,such as concentrating superior resources to develop characteristic finance products, optimizing service of bank branch,improving of relevant system and so on.The community business development of China is in its infancy,the research of the Bank of Weifang has special reference to the other micro banks.The result of this paper explains that community business is of great importance to the develop of financial institutions and reform.