The Research On Design Of XZ Bank Yantai Branch Receivable Financing Platform Products

Account receivables have always been a pain point and a difficult problem for enterprises to solve.Among the related financing issues,there have been problems such as difficulty in determining power,information transmission,and lack of credit enhancement measures.As a financial institution,banks should give full play to their advantages,cooperate with new technologies such as blockchain technology,Internet +,big data,artificial intelligence,innovate financial products,support and serve physical enterprises to revitalize accounts receivable,and accelerate the turnover of corporate funds.Reduce external liabilities,reduce financing costs,ease the difficulty of financing for entities,especially small and medium-sized enterprises,and help them reduce leverage,reduce costs,and increase efficiency.This article takes XZ Bank Yantai Branch as the research object,analyzes its existing product system by its operating status,personnel structure,business structure and profitability,and then determines the scheme design of receivable financing products.The article first puts forward the idea of??product design through the analysis of the function and application of the existing products,and then demonstrates the feasibility of the design plan through the demand analysis,competition analysis,benefit analysis,risk analysis and technical analysis of the products.Then,according to the different application scenarios of the upstream and downstream of the supply chain,five application models are designed,supplemented by the analysis of various model risks.Finally,it elaborated four guarantee measures including perfect application scenarios,policy tilts,increased assessment,and strengthened supervision to assist the implementation of new products.The innovation of receivable financing products is an important way for XZ Bank Yantai Branch to face sustainable resource development and achieve sustainable development.This article starts from the receivable financing products of XZ Bank Yantai Branch,and provides some reference for theinnovation of such products by other domestic commercial banks.