Commercial Banks And Application Of Innovative Financial Instruments

Financial innovation of commercial banks banking industry has become a significant feature. The process of innovation in the commercial banking business, inevitably there are some problems to solve commercial banks way of financial innovation:the focus of innovation should be based on market and customers; innovative ways should be the main type of originality; to establish effective financial innovative mechanisms; increase the technology content of products and services; to strengthen the marketing efforts of innovative products; tap the power of financial innovation and integration.Innovation, has become a trend of the times, financial innovation has been integrated into the torrents of this era, becoming an indispensable force. With the technological, economic, and information globalization, financial innovation will be more active. The strength of financial innovation will directly determine the size of the competitiveness of the bank, commercial banks determines the success or failure in the market. It is against this background, but also to focus on the causes of commercial banks, financial innovation, financial innovation to solve problems and ways to be analyzed.Through innovative financial instruments to allow state-owned commercial banks to maximize the value of objective, business development, the pursuit of profit, reduce costs, provide better customer service with features. Only innovation can make state-owned commercial banks to seize opportunities, meet challenges, in an invincible position in the competition. Through innovative financial instruments to allow state-owned commercial banks to meet the needs of the development of China’s economic situation, better implementation of the party and the country’s macroeconomic policies.In this paper, the meaning of innovative financial instruments and theoretical points were explained, is the micro-level innovative financial instruments to financial innovation, financial innovation in the performance of financial development. Innovation process from the perspective of financial instruments, financial market development process is the development process of innovative financial instruments. Reviewed the financial instruments in China since reform and opening up the various stages of innovation and the breakthrough. But it must be seen in the commercial banking business in the innovation process, inevitably there are some problems, innovative financial instruments of commercial banks due to institutional, technological, macroeconomic policy, and many other factors, there are still large compared with developed countries gap, manifested in the lack of systematic innovation of financial instruments, scientific and normative.Innovation of financial instruments for the significant features with the need to further optimize and improve the innovative financial instruments, focusing on fostering the development of financial markets, financial innovation to improve the ecological environment. Establish market-based financial instruments innovative mechanisms to strengthen the supervision of the risk of financial innovation, financial innovation can not let the economy and financial contributions to the development built on top of high risk. Innovations in financial instruments financial regulatory system also needs to be innovative, to improve the financial supervision of the technical, financial supervision in a timely fashion to ensure that the pace of financial innovation, to maintain appropriate supervision, it is necessary to promote economic development through financial innovation, but also to ensure that the entire economy stability.Also analyzed the characteristics of commercial banks in support of the local economy and innovative practices. Development and construction of the Yellow River rose to national strategy, a national regional development strategy, an important component. Continue to strengthen the commercial banks way of financial products and services, innovation, and actively explore new financing models. Under the new planning ideas for the new developments in the new starting point to achieve a new leap in providing policy support. Industrial and Commercial Bank in the "Blue Economy" and "Yellow Triangle" development and economic restructuring in the financial requirements for the marine industry, and again in the same industry in innovation with superhuman courage, won the opportunity to highlight the wisdom of a large brokerage houses, activity and responsibility, opened a magnificent "financial blue ocean."...