| On February 2014,President Xi Jinping proposed a national strategy called Regional Integrative Development in Beijing-Tianjin-Hebei,RIDBTH for short,during a work inspection in Beijing.Then on April 2015,Central Committee of PRC Political Bureau approved “the Outline of the RIDBTH”,which marked the completion of top design of this national strategy.The outline emphasizes on breakthroughs in evacuating of non-capital functions,transfer and upgrade of industry,environment protection and regional financial integration.Regional financial integration is one of the most important parts of regional economical integration,which also plays an critical role in the progress of that.Commercial bank stands as the core of our financial system in our country,so it should become one of core driving forces in RIDBTH.On the other hand,how to seize the opportunity in development of regional integration is also a subject to commercial banks.Based on above,the writer clarifies the definition and connotation of RIDBTH,reviews the relevant theories of regional economical development and financial development,especially the latest theories on RIDBTH.After that,the writer states the present condition of regional economical and financial integration in the Beijing-Tianjin-Hebei area,reveals the advantageous and disadvantageous factors of the regional integration,explains the importance of innovation for commercial banks to get deeper in this national strategy.On this basis,the writer introduces the case of GS bank,one of the biggest commercial banks in China,analyzes the innovative actions in RIDBTH,which includes:(1)GS has found a special department to boost its branches to participate in RIDBTH,which is innovation in department setup.(2)GS has led and found a special industry investment fund in cooperation with local government,which is innovation in cooperation mode.(3)GS has carried out new credit polices to support credit availability in BTH area,which is innovation in policy making.(4)GS has launched several new products,such as “Loan for Evacuating of Non-capital Functions”,to make contribution to the national strategy.These innovations has brought GS significant benefits,both of financial performance and of reputation.After the case analysis of GS,the writer proposes several available suggestions for commercial banks,which desire to deeply involve in the national strategy.These suggestions include:(1)Innovation in department setup,which requires a higher department to lead system boost,participating in the national strategy.In building up this kind ofdepartment,the head office should balance principle of concentration,client relationship and localized management.(2)Innovation in cooperation mode,which requires and active participation in leading associations of cross-regional organizations.On the basis of existing mode,the writer proposes a new kind of organization named Beijing-Tianjin-Hebei Cooperative Bank.(3)Innovation in credit policy,which should consider some basic principles.Beyond that,a clear target of loan and sufficient credit quota are also needed.(4)Innovation in product using,which requires to meet the need of customers and regulations.It also has to be the combination with “Internet +”... |
PDF Full Text Request