Research On The Innovation Of Inclusive Finance Pattern Of State-Owned Commercial Banks

In recent years,China has made great progress in inclusive finance.However,with the enhancement of the concept and the profound changes that have taken place at the practical level,the expansion of inclusive finance business still faces many challenges,making an intensive study of the development patterns,achievements and deficiencies of inclusive finance still have high research value.State-owned commercial banks are the main body of banking system,it's particularly important in the development of inclusive financial services.It is of great practical significance to study the development and model innovation of inclusive finance in state-owned commercial banks.This article first elaborates the related theory and practice development of inclusive finance,analyzes the development status and constraints of inclusive financial services in China's state-owned commercial banks.Taking the Bank of China as an example,the paper further summarizes the current development of inclusive finance in the Bank of China.The model mainly includes “E Bank of China” online financial service model,group-based inclusive financial service model,cross-border cooperation model,“Internet+public welfare” new model of targeted poverty alleviation,innovative financial product model,and small and micro enterprise cross-border integration model.The Bank of China has achieved remarkable results in promoting inclusive finance,but its existing model still has problems such as lack of product competitiveness,lack of innovation,and risk management.On the basis of this,drawing lessons from the excellent models of inclusive financial development at home and abroad,such as Grameen Bank of Bangladesh,Rabobank,and Shanghai Pudong Development Bank,this paper discusses innovative countermeasures for the inclusive financial model of state-owned commercial banks in China,and proposed six recommendations,Innovating product system suitable for market demand,broadening multi-channel financial services,strengthening institutional cooperation and collaborative innovation,innovating risk control model,providing high-quality and accurate services,and implementing a differentiation strategy,In order to provide a beneficial reference for banks to explore sustainable development models for inclusive finance.