The Study Of Cash Management Business Development Of Commercial Bank A

With the rapid development of our country's economy,the acceleration of economic globalization,the domestic enterprises grow and start towards the international market and the concept of "cash is king" is becoming popular.Enterprises ask for higher request for fine account management and cash flow.On the one hand,more and more companies began to set up settlement centers or financial centers for internal process innovation,in order to enhance the level of enterprise management of the cash and capital usage efficiency.On the other hand,commercial banks also face new challenges.With the advance of interest rate liberalization,the bank spreads are narrowing.The direct financing and diversification resulted in the acceleration of disintermediation,and the bank's credit business was declining.Internet finance companies are directly involved in the competitions,and banking competition is more intense.The focus of the commercial banking strategy is transferred from the simple pursuit of growth and scale to profitability,performance and the value creation.Under the background,the commercial Banks launched the cash management service,which is assisting enterprises to manage the cash,bank deposits and other general cash,reducing the financial cost for the enterprises,improving the use efficiency of funds,and improving financial control.As one of most internationalized and diversified banks in China,Bank of A launched the global cash management platform in the year of 2009,and the business developed quickly and steadily in recent years.However there is a big gap comparing with the domestic and foreign advanced banks.It mainly reflected in the business orientation,internal management,products,systems,professionals,and so onThis article presents the basic concept and characteristics of cash management service,analyzes the current situation and trend of cash management business.Then it analyzes the problems which bank of A is facing,and also analyzes the advantages,disadvantages,opportunities and threat of bank A by the means of SWOT.At last,It provides suggestions for bank A,also provides references for other commercial banks,hoping promote the development of cash management business in China.