Research Of Revolution And Development Transformation For China State Owned Banks

Since the 70's since the 20th century by the rapid development of financial markets and financial globalization,liberalization and information-based factors such as the impact of the acceleration of the process,commercial banks operating environment has changed dramatically,which is the traditional business model of commercial banks and resulted in growth mode a great impact.Four major state-owned Bank of China Bank is the leading force in the market,regardless of asset size or market share,has the absolute advantage,with the specialized banks into commercial banks,as well as changes in recent years,the reorganization of listed shares, the banking business has gradually expanded to the Securities,insurance,fund,trust, investment and asset management and other fields,a wide range of products and services so that the four major state-owned commercial banks do not only have to pay the traditional finance function,but also with asset management,financial management, trust and investment,insurance,brokerage and investment banking functions,and thus to a new look in the international financial scene is playing an important role.Although China's banking sector reform has made significant progress,but the risk still exists.For example,high rates of non-performing loans,a single model of business growth,risk management system,performance evaluation mechanism in place and other issues,particularly obvious,especially in state-owned commercial banks were.The question now is,in the limited time available to effectively address the fundamental problems,coupled with the ongoing international cooperation,how to learn from the advanced experience of foreign banks to understand the development trend of international banking and commercial banks in China combined with the actual the situation of reform and become a key issue.China will fully open the banking sector and accelerate the promotion of financial innovation,and vigorously develop intermediary business,is committed to business transformation,a single change to the existing products,services and low efficiency of a competitive disadvantage.Work in conjunction with the practical problems encountered,as well as domestic and foreign advanced experience of the relevant banks specific to a state-owned commercial banks in the process of reform and transformation of practices with a deep analysis of the study hope that this paper puts the role played to solve existing problems and doubts,to promote the smooth progress of reform and restructuring.