Research On Development Of A-bank Suzhou Branch Cross-border RMB Business

It has been about 7 years from cross-border RMB business pilot started at 2009.With the promotion of 'The Belt and Road' initiative and the process of China RMB internationalization,cross-border RMB business,as an important part of the strategy of "going out",has shown a rapid growth trend.The rapid development of cross-border RMB business has brought enormous business opportunities to China's commercial banks.In recent years,China's commercial banks has make a significant growth of the cross-border RMB business by givin a high degree attention to the cross-border RMB business no matter in the settlement amount or in the related products marketing.However,with the rapid development of the business,some thorny problems and difficulties are encountered,and the difficulty of risk control is also increasing.How to grasp the historical oppotunity and solve some difficulties and bottlenecks in the development process for A bank SuZhou branch,these are the key research problems of this paper.This paper reviews and assesses the relevant domestic and foreign research literature after the introduction of the writing background,significance and research methods.Then it introduces the relevant financial management theory,summarizes the types of cross-border RMB business of commercial banks,and retrospects the relevant policies.Against the cross-border RMB business background,guide by the related theories of financial management,starting from the perspective of commercial banks,respectively expounds the development status of China commercial banks cross-border RMB business and the development history and status of A bank SuZhou branch cross-border RMB settlement business.Taking A bank Suzhou branch as the research object,comprehensive analysis the strengths,weaknesses,opportunities and threats of the cross-border RMB business by using SWOT analysis tools.Then points out and analyzes poor customer marketing,lax regulation,lack of talent and other issues of SuZhou branch.,find out the crux of the problem.In the end,to solve the problem of the cross-border RMB business of SuZhou branch,and make the business to develop healthy and rapidly,some recommendations and solutions for the point of customs,risk control,human resources are presented in the paper,in the hope to provide references for the development of A bank SuZhou branch.At the same time,provide valuable help and reference for the further expand of China commercial banks cross-border RMB business.At last,the paper summarizes the full text,and looks forward to the future development direction and trend of cross-border RMB business.