Research On Intermediary Business Innovation Of Pudong Development Bank

With degree of deepening of economic globalization,the connection between the countries all over the world more closely together,in today’s world financial industry is experiencing unprecedented changes,financial globalization and liberalization,informatization is an irreversible trend.Since China’s accession to the WTO,foreign financial institutions have entered the market in our country,it has a tremendous pressure on Chinese commercial Banks,at the same time,accelerating the process of interest rate marketization,rely on the traditional way of loan is poor profit to comply with the current market environment.Domestic commercial Banks must change their profit thinking,increase product innovation and grab new profit points.Then,intermediate business as a light capital occupation business is bound to play a more critical role in the industry competition.Intermediary business refers to a table does not constitute a commercial bank assets and liabilities,the formation of commercial bank non-interest income business,its most prominent feature is the agent bank is acting as an intermediary role dealing with customers,receipts and payment and information,such as transaction,launched a wide range of financial services charge a service fee.For domestic commercial Banks,the promotion of intermediary business is of great significance and great potential.On the one hand,the development of intermediary business can risk dispersedly,widen the channel of the profit,on the other hand,can improve the capacity of commercial Banks,promote the development of traditional assets business and liabilities business.Flourishing development of China’s banking industry at the same time,the competition between each other is intensifying,the performance is the most outstanding national joint-stock commercial Banks and city businesses,increasingly fierce competition between them and the other bank,the bank profit margins further narrowed.Since the 2008 economic crisis,Chinese regulators also strengthen to our country commercial bank capital supervision,to further improve the capital adequacy ratio,this a series of measures to further improve the bank cost,reduced profit space.Advance of market-oriented interest rate reform in our country also require commercial Banks to reform continuously,the transformation of the mode of operation.This article through the analysis of Shanghai pudong development bank middle business,find out the Shanghai pudong development bank in the intermediary business development problems that exist in the process,through specific data analysis to find out the deficiency,and compare the development of Shanghai pudong development bank and other Banks,by comparing the gap.Points out that the Shanghai pudong development bank in the intermediary business innovation and development opportunities and challenges,and the characteristics of three commercial Banks have case to specific analysis of intermediary business innovation,and generalize the experience for reference,the final draw basic measures of Shanghai pudong development bank intermediary business innovation.