The Research On Financial Innovation Of The Baoshang Bank Hulun Buir Branch

After entering the twenty-first Century, China’s financial market is gradually involved in global competition, the financial industry is gradually open. From the point of view of the current status of the development of financial market, the Chinese funded financial institutions in foreign financial institutions in the process of competition and completely at a disadvantage. From the national central bank business management department annual report, the competitiveness of Chinese banks is not before the important reason lies in the lack of financial innovation. In the field of international finance is getting warmer, the domestic economy also developed more rapidly, the regional small and medium-sized commercial banks should exert their own advantages, the implementation of the various financial innovation activities, to explore and to find their own path of development. Large scale commercial banks use policy, capital and other resources, and constantly innovate themselves, establish a modern enterprise system, and make great progress, but this is not suitable for small and medium commercial bank financial innovation. Medium and small commercial bank financial innovation only obtained rapid development,small and medium-sized enterprises, rural economic and social services to develop the important financial security, which on the weakness of the development of the local economy, grass-roots social stability are of great benefit.Financial innovation is the fundamental to enhance the competitiveness of banks and maintain long-term development. There is a big gap between domestic financial innovation and the developed countries, which has seriously restricted the healthy development of domestic banks. The banking and financial innovation, based in the environment of globalization, innovation from the institutional level, technical level and management level and so on. And change the concept of development, awareness of service and product management mode, in reference to the rapid financial innovation of banks experience based development at home and abroad, and gradually explore the suitable for their own development path of innovation. August15, 2009, by the Inner Mongolia banking regulatory bureau, Hulun Buir branch of theapproval of the CBRC, Hulun Buir branch of the Bank of Hulun Buir branch of Limited by Share Ltd opened in, and in October 15 th the foreign business. The author selected contractor bank Hulun Buir branch finance case study, with its financial innovation as the research object, send hope to combine their work practice, access to relevant innovative ideas that improve contractor Hulun banks points representing the behavior of small and medium-sized commercial banks financial hit new to provide relevant recommendations.