Research On Commercial Banks' SME International Trade Financing Business Expansion

As the reform and opening to the outside world are carrying further forward, import-export trade scale's of China is enlarging. It not only contributes to the expansion of international trade financing but also provides the advantage for the bank to develop the trade financing business. At the same time, the small and medium-sized enterprises play an important role in the national economy, which become very important in a new round of the national economy development and new economic point of growth. But the shortage of capital is hampering the development of the Small and medium-sized enterprises. Over the past few years, our government has taken many measures to resolve the issue of the capital limit faced by the small and medium-sized enterprises. The shortage of capital is more or less resolved to a certain extend. However, for most enterprises, the difficulty of obtaining financing is still the big factor preventing the small and medium-sized enterprises further development.This paper conducts systematic study and theoretic analysis of international trade financing of the bank from the theoretic and practical point of view, and combination of normative study and case analysis. First, a brief introduction has been made in the international trade financing meanings, characteristics and products. The author analyzes the necessity and the problem of international trade financing in China, points out a number of measures and proposals to improve international trade financing of the bank.The main conclusions are:As the growth of China's small and medium-sized enterprises, the government continue to adjust economic policy, and commercial banks increased competition, to improve international trade financing of the small and medium-sized enterprises is undoubtedly the most wise choice. As the financial industry's opening and the influx of foreign banks, it has brought opportunities and challenges for the China's banks. China's banks should learn from foreign banks which how to carry out small and medium-sized enterprises business in international trade finance experience, to improve its competitiveness. The banks should change their idea and fully aware of the importance of the development of small and medium-sized enterprises customer. Also they should update their credit policy and promote the development of business processes to improve efficiency, speed up the trade finance products and technological innovation, improve the quality of personnel, establish and perfect an effective risk management system, establish and perfect the laws and regulations to vigorously develop small and medium-sized enterprises in trade financing business.