Research On The Development Of Intermediary Business Of Chinese City Commercial Banks

With the rapid development of economic globalization, countries in the world competition in the financial sector has become increasingly fierce, as the main body of the financial system--banks, to a country’s financial industry and even the entire national economic development plays a vital role in. Since long, our country commercial bank’s profit model is still in the traditional deposit and loan business, interest income is still the main source of profit, and a major source of profit and the western developed countries, commercial banks are essentially different, the main source of profit for their on the contrary, mainly for non interest income, and they are compared, the Commercial Bank of our country especially the city commercial bank’s business model is too extensive. In fact, the extensive development pattern is caused by the special financial environment in China before, compared with the past, at present our country commercial bank the financial environment has changed fundamentally. The interest rate marketization reform, bank capital supervision strengthened financial institutions as well as the continuous expansion of China’s commercial banks especially the development of city commercial banks has brought great challenges. With the current financial institutions non Chinese developing and banks in western developed countries, large-scale influx, China’s banking industry is facing the hitherto unknown competition, city commercial banks which requires China to pay attention to the development of intermediary business of its own, it will be increased to a daily strategic development, to carry out, so no matter for to improve our city commercial bank’s market competitiveness and profitability are long-term significance.In this paper, based on a summary of the related literature at home and abroad, the paper introduces the development background and characteristics of intermediary business of City Commercial Bank in China, analyses the current situation of the development of intermediary business in western commercial banks and the future trend of development, summarizes the development of intermediary business of western Commercial Bank experience. We have to study the development of intermediary business of the Bank of Beijing as an example, carries on the case analysis, analyzed the problems and restrictive factors of the development of intermediary business of the Bank of Beijing, and put forward from the intermediary business development consciousness, market orientation, internal control and risk management,establish and improve the management system and the strengthening of technical support. Several aspects put forward the choice of the development of Chinese city commercial bank intermediary business strategy.