Bank Of China Cash Management Business Development Strategy Research

Cash management business of commercial bank is a comprehensive financial management integrated service solution provided for the customer.It based on the enterprise as the object,taked information technology as the platform,with the core of liquidity management,combinated account management,receiving and payment service,liquidity,financing and financial services,information services,risk management and so on.For commercial banks,cash management business is a new profit growth point,an effective method of developing and stabilizing customer,the most powerful tool of risk control.In the world,cash management business has become one of the mainstay of the intermediate business to the major enterprises in Europe and America banks.In China,although the commercial bank of our country has achieved great performance in the cash management business in recent years,but compared with foreign banks,the overall level of business development still exists some distance.As one of the five major state-owned commercial banks,Bank of China has the highest degree of internationalization and diversification in China.Bank of China started the global cash management platform construction in 2009.Although the cash management business which has been steadily developed,but compared with the domestic and foreign advanced cash management bank,there is a certain gap and development space,exposed problems in the business orientation,internal management mechanism,products,systems,professionals and so on.Based on the analysis of the cash management business as the main line,combing the domestic and foreign commercial bank cash management business development characteristics and trends,,the article analyses Bank of China cash management status,business advantages,problems and causes.It presents some improvement strategies and suggestions to Bank of China future cash management business by introducing the practice case and combined with the actual situation of Bank of China.