Research On Innovation Of Supply Chain Finance Business Of Agricultural Development Bank Of China

At present,China's agriculture is in the period of transformation and upgrading.The mode and way of agricultural development are changing.The structure of agricultural industry is being optimized and upgraded.On the one hand,the adjustment of agricultural industry structure and the emergence of returning entrepreneurship tide make agricultural demand for a large amount of funds for development;on the other hand,for profit purposes,financial institutions put more funds into high-quality customers,but rarely involved in the field of agricultural finance.As the only agricultural policy bank in China,the Agricultural Development Bank of China should be duty-bound to serve agriculture,countryside and farmers and support small and micro-enterprises in agriculture.Then the promotion of agricultural supply chain finance should become a credit tool for Agricultural Development Bank of China in serving agriculture,countryside and farmers and supporting the small and micro enterprises in agriculture.This paper mainly studies the innovation of agricultural supply chain financial business of the Agricultural Development Bank of China.Firstly,this paper presents the relevant literature at home and abroad,and describes the domestic and foreign research status of supply chain finance theory and financial innovation theory,which provides a theoretical basis for the next step of this paper.Secondly,based on PEST-SWOT analysis tool,this paper expounds the environment faced by the Agricultural Development Bank of China in innovating agricultural supply chain financial business.Thirdly,this paper expounds the current situation of agricultural supply chain finance and the current situation of agricultural supply chain finance business of the Agricultural Development Bank of China.Through the above analysis,this paper argues that the development of agricultural supply chain finance business of the Agricultural Development Bank of China is facing the following problems:(1)the loan process is too complex,and there is no special operation process of supply chain finance business.(2)The contact with the upstream companies is not enough,so high-quality customers may be lost.(3)Risk management focuses on the audit of customer access and lacks the management of the whole supply chain.(4)The design of loan products lacks industrial characteristics and cannot reflect the characteristics of agricultural supply chain finance.Aiming at the problems in the development of agricultural supply chain finance business of the Agricultural Development Bank of China,this paper summarizes the general idea of innovating agricultural supply chain finance business,and analyses the financial feasibility and social effect of innovating agricultural supply chain finance business of the Agricultural Development Bank of China.At the same time,combining with the example of K Company,the business process and risk management design of innovative in agricultural supply chain finance business of Agricultural Development Bank of China are put forward.Finally,this paper puts forward some suggestions on the guarantee measures of the Agricultural Development Bank of China to innovate the financial business of agricultural supply chain from the aspects of internal management construction,customer relationship management and information system management.