Analysis About Problems And Strategies For Cash Management Business In Chinese Commercial Bank

Faced with the acceleration of economic globalization and the increasingly fierce market competition, business model in the existing socio-economic environment has undergone major changes. "Cash is king" is increasingly seen as the central concept of funds management in companies. On the one hand, more and more enterprises begin to reconstruction the internal financial processes through the establishment of a new settlement center, financial companies, or the accounting department and other means in order to enhance business-to-cash flow management and control of operational risk and to enhance their overall efficiency in the use of funds, thereby accelerating the development of their own; On the other hand, the banking industry is also undergoing a fundamental change, traditional deposit and loan spreads are no longer able to support the development and expansion of the commercial banking business, strategy focuses on commercial banks began to shift into a stressed profitability, performance and "value creation", from the simple pursuit of growth and size. On this premise, commercial banks successively launched cash management service. Bank to assist enterprises to overall plan the generalized cash such as cash, bank deposits and currency. In ensuring the basis of liquidity, it can help customers to reduce financial costs, improve fund use and accounting treatment efficiency.In China, with the development of RMB business of foreign banks and regional headquarters of large multinational companies move to China? commercial banks began to know and the importance of cash management business. Currently, about thirty domestic commercial banks offer cash management services,among them, there are fifteen commercial banks have launched a cash management brand. In recent years, cash management business in China developed rapidly, however, due to cash management business in China started late, compared with foreign commercial banks, there are still large gaps in the understanding of the concept, product design, service mode, techniques, and many other aspects to be improved.Firstly, based on working experiences and practices in bank, started from the Content and business characteristics of cash management, this article leads to what we will talk about; Secondly, based on the analysis of the development status of cash management business in Chinese commercial bank, comparative analysis of a domestic commercial banks (A bank) and Bank of America whose cash management business level is the leading in the development of business strategy and business model differences, this article Concludes and puts forward the problems of cash management business in commercial bank. Finally, In view of Question which proposed, The paper Summarizes some advice about the development of for Chinese commercial banks, it tries to find a continue-developed and gives the reference to the development of cash management business.