Research On Bank-Trust Cooperative Business Innovation And Development Of CCB Trust

Since the 21st century,China’s economy has grown steadily and rapidly,and various industries such as agriculture,high-tech industry and service industry have developed vigorously.At present,China’s total economic volume has leapt to the second place in the world.With the rapid development of domestic social economy,residents’ awareness of asset management has increased with the increase of wealth.A large number of wealth funds have poured into the capital market to invest,which has led to the rapid development of the scale of China’s asset management market.By the end of 2017,the total amount of capital in China’s asset management market had exceeded 100 trillion yuan for the first time.In China’s financial market,business cooperation among commercial banks,insurance companies,securities companies and trust companies has become more and more closely linked.The business cooperation forms are constantly innovating,which plays an active role in serving the real economy of China’s financial industry.Simply speaking,the cooperative business between banks and trust companies is to establish a cooperative mechanism.Specifically,it is to carry out the business cooperation of banking and credit products sales,capital and credit channels,asset management services and so on under the permission of regulatory law.The purpose is to give full play to the respective industry advantages of banks and trusts,and the cooperation between banks and trusts will help both sides achieve win-win situation.On the one hand,through the cooperation of bank and trust,commercial banks can widen the channels of capital utilization and expand the sources of profits.On the other hand,trust companies can fully tap the potential of financing and enhance the ability of asset management by relying on the mature business organization system and huge customer resource pool of banks.In the future,China’s economy will develop steadily and healthily.Commercial banks and trust companies need to deepen business cooperation and innovate the business model of bank-trust cooperation,which has important strategic significance and huge market prospects for trust companies.As a subsidiary company of China Construction Bank,CCB Trust has direct and relevant business cooperation with China Construction Bank.As the pillar business of CCB Trust,bank-trust cooperative business can bring a lot of trust assets to the company.The innovation and development of bank-trust cooperative business is related to the healthy and sustainable operation of the company’s trust business.In recent years,China’s financial supervision has been deepening reform,and the supervision authorities have increased the intensity and scope of financial mixed operation supervision.Firstly,the financial regulators was reformed and restructured.The Central Government set up the Financial Stability and Development Commission,and the China Banking Regulatory Commission and China Insurance Regulatory Commission were reconstituted to form the China Banking and Insurance Regulatory Commission.Secondly,a series of business supervision regulations were issued,and the promulgation of new laws and regulations put forward new normative requirements for bank-trust cooperationn business.From the current situation of China’s financial market operation,competition in various financial industries is intensifying,business linkages are increasingly close,and the traditional bank-trust cooperationn business is challenged by other industries.Reflecting on these regulatory requirements and changes in the financial market environment,banks and trust,as the two major industries in the capital management market,need to enhance business innovation ability,promote business transformation and upgrading,and open up a new situation of bank-credit cooperation in the new financial environment,which also plays a vital role in the sustained,healthy and sound operation of the capital management market in China.Firstly,this paper introduces the development process of bank-trust cooperation in China’s trust industry in the past ten years.Through statistics of the operation data of the CCB trust business,this paper discusses in detail the development status of the bank-trust cooperation business of CCB Trust company,and find out the problems existing in the bank-trustr cooperation business of CCB Trust Company,such as the decline of the scale of business assets,the low rate of return on business assets and the low ability of active business management and so on.At the same time,it also analyses the favorable conditions and restrictive factors for the future innovation and development of the bank-trust cooperation business of CCB Trust company.In addition,this paper also introduces the cases of business innovation and development of other trust companies,summarizes the experience of innovation and development of bank-trust cooperation business of other trust companies,hoping to bring experience to the development of CCB trust business.Finally,this paper summarizes and puts forward the direction of innovation and development of bank-trust cooperative business of CCB Trust company.In short,the bank-trust cooperative business needs to return to the source of trust and serve the real economy.At the same time,it also puts forward several suggestions for the development of business inno’vation,such as the establishment of business innovation and development committee,the expansion of business cooperation platform,the improvement of personnel training mechanism and so on.