Research On The Development Dilemma And Transition Path Of Chinese Commercial Banks

At present,China's economy has entered a new period of slowing growth,structural adjustment and quality improvement.The financial industry has also changed dramatically:Internet finance and direct finance rise,the financial disintermediation,interest rate marketization,the banking industry is faced with the trend of narrowing NIM and intensifying competition.The traditional pattern of large enterprises and interest income dominate the bank's earning cannot match with the development of the new economic forms.The bank's development is obviously in trouble.Based on China's current economic and financial situation,this paper firstly analyzes the development dilemma of commercial banks,and then analyzes the root causes of the predicament of commercial banks in China,lastly this paper put forward the rational transformation path combines with the experience of foreign commercial banks and the reality of China's different types of commercial banks.The research of this paper has practical significance for the further development of China's commercial banks.This paper argues that the transformation of commercial banks can proceed from the following three paths:Firstly,seize the wave of the Fin-tech,with the combination of Internet technology and "Internet Thinking";Secondly;develop the "big retail" strategy,Practice Cross-selling to cope with the economic downturn and narrowed NIM;Thirdly,develop intermediate business and new investment business,expand multi-channel revenue sources,and gradually complete the mixed operation transformation.However,different types of commercial banks in China have different sizes,they should choose a different transition path.Specifically,all commercial banks should make full use of the Fin-tech wave to complete their service;And then,national commercial banks should select the corresponding "big retail" or "mixed operation"transformation path based on their own advantages and customer needs;Regional banks should choose a small business that perfectly match their local economic characteristics and meet the needs of the local economic transformation and development,to do small and beautiful things,to create a "fine model bank" with its own characteristics.