Research On Digitalization Of Cross-border Supply Chain Finance Of Commercial Banks

With the development of economic globalization,more and more Chinese enterprises have gone abroad and become important members of the global industrial supply chain.The demand of cross-border supply chain finance is increasing.However,Chinese commercial banks pay more attention to domestic supply chains and established online supply chain financial service platforms.In contrast,the digitalization of cross-border supply chain finance develops slowly.The bank's financial service is lack of information technology involved.Based on the author's work experience,this paper analyzes the problems caused by the digitalization on Bank of China's cross-border supply chain finance.The author further introduce the difficulties to develop “cross-border” and “digitalization” in the banks' supply chain finance and then propose the core strategies and recommendations.Based on the theory of supply chain finance and the practical application scenarios,this paper puts forward four key issues for Chinese commercial banks to digitalize the cross-border supply chain finance and makes some strategies and recommendations.