Private Banking Of Industrial Bank Development Research

After 30 years of China’s reform and opening up, especially in the further deepening of China’s accession to the WTO and opening more than 10 years, the rapid development of Chinese economy. With the increase and improvement of living standards of people of wealth, financial management concepts are constantly changing, in order to adapt to this change in overseas development years of private banks began to spread in the domestic commercial banks to quickly become a high income and high net worth clients favor a business model. In China’s banking, private banking has a vast space. On the one hand, China’s growing affluent population, with demand for investment growth of wealth. On the other hand, the interest rate market, financial disintermediation, which means that enterprises depend on the potential threat of credit expansion, extensive development model has been unable to continue.Therefore, the development of private banks, not only to meet the needs of the market, and the bank in order to seize market segments, especially in the top of the pyramid of wealth of high net worth customers. High net worth customer demand is not just all aspects of wealth management, and involve wealth of heritage and family’s wealth to co-ordinate all aspects of the arrangements. If you meet the needs of high net worth clients, you can perform a variety of clients a full range of financial services, thus creating more bank profits. In this regard, advanced foreign private banks through hundreds of years of development, has provided us with a lot of mature experience, both on the products and services, or the management system and financial innovation, there are many useful lessons. However, if the experience of Western countries to completely copy the advanced institutions, both in the maturity of customer markets, or domestic regulatory system, and then, or are unable to truly succeed on its own strength and talent private banks. Therefore, we must carefully analyze and summarize their own situation, combined with the advanced lessons, continue to explore its own development path.I worked for many years at Industrial Bank, gained some management experience in the private development and current status of the Industrial Bank of banks have more in-depth understanding. The bank’s private banking establishment of the development time is not long, only a short period of five years or so, but with the rapid development of China’s economy and financial sector, has entered the healthy development track, and continue to grow and mature. Of course, at work, have gradually realized that the current contacts and private banks in the development process, both aspects of the results achieved, but also encountered problems to think about the future path of time, then, through the application of analytical tools and analytical methods to study and add further learning MBA, combined analysis of the specific circumstances of the Industrial Bank, and I hope play a guiding role in the actual operating conditions.