The Risks And Countermeasures Of Commercial Banks Acting As Treasury Business

In recent years, the business of commercial bank was developed rapidly and the scope of business was expanded in our country. With the support of national policy, most of commercial banks participated into government capital turnover and budget by treasury agency business. It has effectively improved the liquidity of local financial funds and promoted the local economic development. The main advantages of the commercial bank's treasury business are: the timely completion of the tax payment,recording the financial funds and the budgetary income. It also promotes the tax and non-tax revenue into the treasury directly and helps financial expenditure going from the treasury to the final payee through the zero balance account. This business meanwhile solves a lot of problems which are the operation of the financial funds opaque, the funds being intercepted, squeezed,misappropriated and improving the government funds scattered management. In addition, all special accounts of different levels of financial and budget departments are gradually withdrawn and merged, the linking accounts get reduced or eliminated and the cash flow get accelerated. Those cause greatly weakening the commercial bank's original financial status of the deposit. However, from the actual operation of the situation, the process of agency also has many defects and problems.The main manifestations are: First, commercial banks seek to maximize profits.There is widespread attention to the qualification of the Commission of the state treasury business. And once the relevant qualifications of the Treasury related business,the phenomenon of "sideline management" for the State Treasury is more prominent.Secondly,there are many problems in the daily business management?supervision and management?personnel training and stability,such as Deputy Treasury organization construction is not perfect, personnel position is difficult to implement, incomplete performance of duties, the phenomenon of agency alone is rather conspicuous, institution implementation is not in place, business operation is not standard,the agent Treasury has little supervision in the business process, more hidden dangers, more risk,less staff, relatively low quality,relatively frequent mobilization, lack of business study and training. Generally,agent without management, inefficiency, lack of supervision and high risk and speculation with financial and tax collusion.However, there is no perfect policy and regulatory plan for the business bank to take this business so it gave some risks to financial capital. Based on these problems, this article includes analyzing the risks of commercial bank taking the treasury agency business,combing all kinds of risks, using the way and experience from national commercial banks that they used to solve the similar problems and providing countermeasures to prevent the risks. The article starts from analyzing current situations by relevant researches from all over the world and explaining the theoretical basis in detail. Then,it takes the Industrial and Commercial Bank of China as an introduction to analyze the risk of the commercial bank's treasury business—the risk of their own business and the risk of the financial sector which are the system risk, market risk, regulatory risk and so on. Finally, based on the developed or developing countries on the basis of the treasury and the current situation in our country, the article will provide countermeasures about how the financial sector prevent the risks of commercial bank taking the treasury agency business.