Research On Hefei Science And Technology Rural Commercial Bank Asset Management Business

Nowadays,China's economy is growing at a high rate of rapid growth,with year-on-year growth in GDP from 12.2%in the first quarter of 2010 to 7.9%in the first quarter of 2013 and 6.9%in the first quarter of 2017.Econ omy growing in schedule,Financial disintermediation and real industry downturn on the business development of commercial Banks in China caused a huge test,commercial bank management environment transformation,also prompted the transformation of commercial banking in our country,our country banking financial institutions according to statistics the entire net profit of 2.1 trillion 2016,in the fee and commission income reached 369.6 billion yuan,more than 17.6%,in 2015,compared with the formalities of and commission income rose by 53.6 billion yuan.The profit model of commercial Banks is gradually converted from the traditional deposit and loan interest rate to the income of deposit and loan spreads,while the development of intermediary business drives the profit growth.As one of the intermediary business of commercial Banks,the asset management business has been developing late in China's commercial banking system,but it has developed very fast.Since 2004,China's banking industry has started the asset management business.In a short period of 10 years,the asset management scale of China's commercial Banks has reached 29.05 trillion by the end of 2016.On the one hand,commercial bank's asset management business satisfies customers' pursuit of low risk and high yield products,and on the other hand,it also caters to commercial Banks' capitalization strategy.Development time is short,but it was also because of its fast development and also some problems gradually appear,for example,has not yet set up a relatively complete legal system,there is no form industry self-disciplinary organization,has yet to solve the problem of "rigid honour",part of the use of assets to evade regulation,commercial Banks investors is not sound and so on knowledge of the bank information.These are issues that need to be addressed by regulators and commercial Banks.In recent years regulators for supervision of the commercial bank asset management business gradually tightening,in succession to information across industry sectors and geographic markets transactions,information disclosure,the respect such as wealth management products to make the rules,to control the our country commercial bank information on the risks of excessive innovation and bank information the scale of the outbreak.Under pressure from regulators vigorously regulation,by the end of June 2017,our country commercial bank asset management business survival totaled 28.38 trillion,compared with fell by 0.67 trillion at the end of 2016,at the same time,through the financial product to raise funds also fell 0.64%year-on-year.This article choose in Hefei science and technology,rural commercial Banks as the research object,introduces in detail the development of the asset management business,the sale process,business characteristics,potential risks,etc.,comparative analysis the Science and Technology Rural Commercial Bank of Hefei and other domestic financial institutions in Anhui area to carry out the advantages and disadvantages of asset management business,and puts forward related Suggestions.The research on the asset management business of the bank of science and agriculture is helpful for the development of the asset management business of China's vast rural commercial Banks.On the other hand,it also provides reference for commercial Banks with short time to conduct business in China.