Research On The Innovation And Development Of The Intermediary Business About The Industrial Bank

The transformation and development of the economic,the completion of interest rate liberalization,and the fierce competition in the financial market have brought a huge impact on commercial Banks whose income relies on deposit and loan for a long time.They have forced the innovation of commercial Banks' intermediary business.In this background,the paper selects the industrial bank which is greatly affected by the macro environment as the research object,analyzes various factors that affecting the development of the intermediary business,and tries to find new way for its innovation and development.Firstly,the paper analyzes the current situation of the intermediary business about Chinese bank,compares the development gap between Chinese and foreign banks,and summarizes the advanced experience of foreign banks.Secondly,the paper further analyzes the present situation,operational efficiency and business structure of the industrial bank's intermediary business.Comparing with other joint-stock Banks,the intermediary business of the industrial bank has low revenue,low efficiency and low development,but its business structure is special,and has advantages in consulting business.Thirdly,the paper uses SWOT method to analyze the internal and external environment about the industrial bank's intermediary business,and proposes four development strategies.Then,the paper uses the OLS model analyzes the factors that affecting the development of the intermediary business,and draws the conclusion that the management expense is positively related to the intermediary business income,the non-performing loan ratio,ROE and net interest margin are negatively related to the intermediary business income,the deposits and capital adequacy ratio have no influence on the intermediary business income.Finally,combining the problems of the intermediary business with the macro environment,the paper proposes some measures.For example,defining the development orientation of the intermediary business and building the development model of “commercial bank + investment bank”;implying the science and technology strategy and strengthening the business and product innovation capacity;developing the retail business in the pension finance,community bank,credit card and private banking business;Expanding multilevel cooperative relations for win-win results;strengthening risk control and reducing operational risk and credit risk;increasing investment in the intermediary business and improving the indicators of Bank.