Analysis Of Middle Business Of Commercial Banks In China

With the globalization of international finance and the development of market economy, the competition in financial industry becomes more and more fierce. Meanwhile, the deep reformation of capital market and investment and financing system, the quick marketization process of interest rate, the wide application of electronic businesses in governments and enterprises, and the continuously changed consumer behavior and family financing thought make the banks have more opportunities to get profit. In order to adopt the economic development, commercial banks have done some explorative adjustments in its organization, management mode, management thought, internal control system. There are also important innovations in the connotation and essence of its businesses. From the development history of western developed countries'commercial banks, it is clearly that there is a trend or rule that commercial banks have gradually changed from the traditional financial intermediaries into comprehensive financial services. The intermediary businesses have already become the main approach to get profit because of various contents and forms, and also have got great progresses.According to the agreement of WTO, our banking industry will all round open to the foreign financial institutions in 2006. Then foreign banks would have the same opportunities with Chinese banks. It would be serious challenge to our country's commercial banks as foreign banks have considerable funds, advanced management technologies, multi azimuth marketing methods, and effective and high quality services. Since the asset and liability transactions of our commercial banks has developed for several years and have formed comparative stabilized market pattern, the foreign banks would not get satisfactory short term gain and venture expectation if they get into these transactions. Additionally, because of the restriction of few branches, foreign banks...