Study On International Factoring Business Development Of Chinese Commercial Banks

The paper was cited many relevant literatures and dates, and combined with the experience of foreign banks and finance institutions. The paper discussed the development situation and problems existed comprehensively, and aimed to promote the development of international factoring business in China. In the same time, author also attempted to offer some advices for international factoring development of domestic commercial bank.Firstly, the author introduces the research background, research objectives and meaning, and also introduces the concepts, the international factoring's origin, characteristics, classification and basic flow. The relevant economic theories of international factoring business development are also explained in the paper. These theories have practical significance for international factoring business development of commercial banks in china.Secondly, this author analyzes the necessity of the development of international factoring business in domestic commercial banks, and also concludes the international references for domestic banks on international factoring development by analyzing operation modes, the measures of risks prevention and other software and hardware of international factoring business in foreign banks and finance institution.Thirdly, based on the summary of the present situation, the author points out the differences between domestic commercial banks and western commercial banks on international factoring development. In addition, internal and external factors which limit the development of the international factoring business of our commercial banks are fully discussed in this part.Finally, the author draws out the internal and external development comments and suggestion based on previous issues analysis and international lessons learned., including to improve the internal abilities of our commercial banks as well as improve its external environment conditions, and also point out innovation ideas related to the international factoring development of Chinese commercial banks.