A Study On The Unsuccessful Transition From Shanxi Draft Bank To Modern Bank

Shanxi draft bank is called traditional banks in Chinese history, and it had gained agreat achievements。But, when china wave in the industrial age, were failed in evolvedinto bank and final decreased, and this thesis will analysis the reason about this, hope toget inspirations from the history, and give some advantage to the commercial banks, andalso make some addition to the research of Shanxi draft bank.From the perspective of changes in financial institutions, this thesis will analysisway did Shanxi draft bank was not transform to bank. Firstly, based on the study of thefinancial functional theory and the financial coordination theory in, analysis thedevelopment of financial institutions, find out that the evolution of the financialfunctions of financial institutions is the driving force of the development of financialinstitutions, and financial coordination is run through the change of financial institutions,and that’s the theoretical support this thesis. Then, combine the above theory and thestudy of the relevant historical, analysis the development and change of Shanxi draftbank. In the beginning of the eighteenth century, infected by the long-distance trade,commodity economy has made great progress, that’s also increase the need a largenumber of remote payment and settlement-based commercial finance functionalrequirements, Shanxi draft bank exchange business through franchise places to carry outto achieve this need to establish coordinated social and economic relations between thehistory of the development of financial institutions to complete a change. After1860s,the evolution of the finance performance as the increase of government’s requirementabout finance，and the further expansion of Commodity economy. By remittance publicfund，Shanxi draft bank steady the Relationship with government, and itself get stronger.When the Sino-Japanese War outbreak, bank set up and they were suitable for thechanging of the political、social、economy，while Shanxi draft bank were not changeitself, finally die out.To sum up, the generation and development of Shanxi draft bank is with theevolution of the financial functions of the implementation process, reach coordinationbetween social、economic and political. And, Shanxi draft bank was felled to transformto bank is because they were not financial functional requirements, and losecoordination with the external environment. Today, under the impact of the internet finance, commercial banks need to take reform and restructuring to adapt to the changeof finance needs. Commercial banks should remind the failure of Shanxi draft bank, andlearn from internet finance.