Case Study Of Minsheng Bank’s Supply Chain Finance Business Development

The financing of SMEs has always been the focus of attention at home and abroad.For many years,Chinese commercial banks have made some useful explorations in solving the financing problems of SMEs.Supply chain finance is one of the most distinctive ones.Although China’s supply chain finance started relatively late compared with foreign countries,it began to develop at the end of the 20 th century and gained initial development at the beginning of the 21 st century.After the 2008 economic crisis,the advantages of supply chain finance have become increasingly prominent.Its innovative financial service concepts and structure The financing solution can effectively solve the financing bottleneck of SMEs,which has gradually become a key business for domestic commercial banks.In the current trend of interest rate liberalization and financial disintermediation,competition among commercial banks is becoming increasingly fierce.In order to seek development,banks have to change their development strategies and shift their business focus to the SME market.Especially in recent years,the combination of the Internet and the financial industry is getting closer and closer.Major commercial banks have made efforts in the field of supply chain finance to shift supply chain financial business from offline to online,which indicates that supply chain finance still has With huge market potential,it is still of great practical significance to study the application of supply chain finance in SME financing.Commercial banks are an important part of China’s financial system and a key force in promoting the development of supply chain finance and supporting the development of the real economy.At the same time,the Internet,the Internet of Things,5G,artificial intelligence,and blockchain technology have developed rapidly.Supply chain finance has quickly seized the market on this basis.Commercial banks need to seize the opportunity to actively seize the supply chain market share.The rise of supply chain finance is on the one hand to alleviate the financing problems of SMEs,because upstream and downstream SMEs face business difficulties and pain points of relatively high operating costs caused by difficult financing and expensive financing.Therefore,the development of effective new banks is urgently needed.Financing model.On the other hand,by bundling core enterprise credit,and cooperating with logistics,information flow,business flow,and capital flow,the problems of separation of production and finance in traditional supply chains and information asymmetry between banks and enterprises have been effectively solved,helping upstream and downstream SMEs to achieve credit enhancement.This article takes Minsheng Bank as the research object,deeply analyzes the development status of Minsheng Bank’s supply chain financial business,and proposes corresponding improvement suggestions for the current problems of Minsheng Bank’s supply chain financial business development.First of all,this article has conducted basic research on supply chain finance,explained the basic concepts and basic structure of supply chain finance,and introduced the theoretical basis,development stage and four basic financing models related to supply chain finance in detail.Main participants and functions of the chain financial market.Secondly,it introduces the background of Minsheng Bank’s supply chain finance development,analyzes the necessity of commercial banks to develop supply chain finance and SMEs’ demand for supply chain finance,and explains the current policy environment and technical conditions that meet Minsheng Bank’s supply chain finance development.Thirdly,it conducted an in-depth analysis on the case of Minsheng Bank’s supply chain financial business.Introduced the development situation of Minsheng Bank’s supply chain finance respectively,conducted a comparative analysis and financial benefit analysis of Minsheng Bank and its interbanks,and used a case of pledge financing of accounts receivable to specifically explain Minsheng Bank’s supply chain finance business.Finally,through an in-depth analysis of Minsheng Bank and other materials,we can find that Minsheng Bank has some problems in the development of supply chain finance: the cooperation with third parties needs to be deepened,the application of financial technology needs to be strengthened,the business needs to be expanded and the risk control needs to be strengthened.After research,this article recommends the following points for Minsheng Bank’s supply chain business: strengthen supply chain financial risk control;strengthen cooperation with third-party institutions;expand and cover more market scenarios;increase financial Technology and talent training.Through the research in this article,it provides suggestions for Minsheng Bank’s supply chain financial business development in the future,and at the same time provides some references for other commercial banks in China to develop supply chain financial business.