The International Settlement Business Development Strategy Research Based On Industrial And Commercial Bank Of China Xinjiang Branch

With the globalization of trade and economic globalization, the rapid development ofthe world economy, the major macroeconomic situation for the internationalsettlement business development of commercial banks, and laid a solid foundation. Atthe same time, the continuous influx of foreign banks, the white-hot competitionbetween banks, but also poses a severe challenge to the commercial bank’sinternational settlement business. Industrial and Commercial Bank of China Xinjiangbranch launched the international settlement business in1989, then made a continuousdevelopment, and creates remarkable achievements. In recent years, along with thenational macroeconomic regulation and control, credit policy adjustments and theoperating mechanism of international business transformation, change of internal andexternal competitive factors, the industrial and Commercial Bank of China Xinjiangbranch of the international settlement business slowly development trend. With thecurrent global economic structure of various factors, the development trend ofinternational settlement field gradually diversified, clearing technology has realizedthe electronic, settlement documents also gradually standardized, in addition thesettlement also more and more diverse, the world bank has been in business varietiesand technical support, and other aspects of innovation concept in order to adapt to thischange. The rapid economic development in Xinjiang, industrial and CommercialBank of China Xinjiang branch to gain more market share, we must speed up thedevelopment of international settlement business.According to the current situation of the development of international settlementbusiness, industrial and Commercial Bank of China Xinjiang branch, in-depthanalysis of the implementation of industrial and Commercial Bank of China Xinjiangbranch of the international settlement business in the development of the financialsituation and operating environment, a detailed analysis of the international settlementbusiness, industrial and commercial Bank of China Xinjiang branch of the problems, and puts forward the corresponding countermeasures and suggestions on thedevelopment of international settlement business, in new condition, how to promotethe development and advancing step by step. By combining the bank work experience,make some useful discussion of the research field of international settlement businessdevelopment, to provide some useful experience through the research on thedevelopment strategy of international settlement business, industrial and CommercialBank of China Xinjiang branch of the industrial and Commercial Bank of otherbranch system.