Research On The Development Of The Domestic Credit Card Business Of Bank A

With China’s accession to the world trade organization, a large number of foreign-funded enterprises settled in China has brought the usual concept of settlement, the letter of credit, the settlement in the subtle zone moving the development of domestic letter of credit. Especially since 2010, under the background of macroeconomic regulation and control, the rapid development of China’s market economy, enterprises for bank payment and settlement services demand is increasing, traditional settlement has been unable to meet the enterprise support to the banking business requirements. Domestic letter of credit to provide trust and security of domestic trade of the parties to the transaction, and can provide a relatively convenient financing channel, not only conducive to the development of domestic trade, conducive to the control of bank risks. Based on all kinds of advantages of the above domestic certificate, the commercial banks began to vigorously promote the domestic credit business, the business scale is also expanding, especially in recent years, has been a rapid development.First of all, this paper on the basis of analysis and comparison of domestic trade and international trade, domestic credit and international credit card, domestic credit card and bank acceptance bills of exchange, domestic trade financing and traditional liquidity loans combined with domestic credit instead of bank acceptance of the specific case, discussed the problems and reasons of domestic letter of credit business development experience and development. Secondly, this paper further to a bank as an example, introduces the bank a domestic letter of credit business development situation and existing trade financing products, and has carried on the analysis to a bank to carry out domestic letter of credit business advantages, weaknesses, opportunities and meet the threat through the SWOT analysis. Finally, combined with specific examples of domestic letter of credit business development of the overall situation and a bank. In this paper, the developmental direction of the bank a domestic letter of credit business and product innovation were in-depth study, puts forward some countermeasures and suggestions for the bank a domestic letter of credit business and trade finance business development. That the relevant aspects should be as soon as possible to improve domestic letter of credit legal system of support system, accelerate the pace of legislation, the introduction of relevant judicial interpretation, a clear domestic letter of credit under the document of title and mortgage, to improve the "domestic letter of credit settlement", to develop a unified single trial standards. And a bank in actively promoting the domestic letter of credit legal system and the support to improve the system must strengthen their risk control,improve their own competitiveness, and product innovation, promote the domestic letter of credit in supply chain finance application. This paper provides a useful way to build a domestic credit financing business platform for the future A bank credit business to create a market environment.