Study On Problems And Countermeasures Of Yantai Rural Commercial Bank Trade Finance Business

In recent years,with the introduction of Basel III,the accelerate the pace of RMB internationalization further promote and the reform in domestic financial sector,internal and external situation of China's banking industry are facing undergone profound changes.Traditional business model of commercial banks are faced with severe challenges banking that "lying to make money" is no longer possible.Instead,the commercial banks are faced with increased competition in the industry,growing financial disintermediation,declining profitability of the financial sector development"new normal." In this case,commercial banks urgently need to find new profit growth point and their traditional financial products and services need to upgrade immediately.The international trade finance business with asset-light consumption,comprehensivebenefits and good features,not only become an important means of financial support for SMEs,to support the real economy,has become an important direction of Commercial Banks business transformation.Therefore,the commercial banks in trade finance business realistic significance of the research is very important.Firstly,the characteristics of commercial banks in trade finance business,product classification,significance of the development and trends are systematically expounded;secondly,the Present State of Yantai Rural Commercial Bank to develop trade finance business is analyzed,pointing out to Yantai Rural Commercial Bank,represented by local financial institutions in the development of trade finance business,there is a problem of the foreign currency uneven development,organization imperfect,limited marketing,innovation and lack of capacity,lack of risk prevention and control capabilities,and several other aspects;and finally,a reference for domestic advanced experience and practices outside the industry,from the new situation presented to Yantai Rural Commercial Bank to expand trade financing proposed business strategy and organizational security policies.In business development measures,to do the following:First,optimize the trade finance business marketing strategies;Second,to further improve the level of innovation and trade finance business;Third,we must continue to improve the credit rating Mechanism,trade finance business former loans,mortgage loans and the risk-management.In organizational security strategy,it is necessary to constantly update the development of thinking and ideas,the second is to pay more attention to specialized organizational structure of the building.We hope Yantai Rural Commercial Bank trade finance business development analysis,on the one hand,enhance the service ability to support the jurisdiction of SMEs to meet the new requirements under the new situation of SMEs to trade finance products,and constantly enhance the ability to adapt to the market,to achieve bank and win-win situation;on the other hand,to explore a new way to survive in the context of rural credit cooperatives in local financial institutions,under the new normal traditional spread income has been narrowing,and open up new profit growth point achieve the transformation of the rural credit cooperatives to the development of modern banking.