The Development And Implementation Of Transaction Banking In The China Construction Bank

With the end of macro-economic high growth and the further deepening of the financial system reform,the enterprise is more centralized,refined and specialized in capital management.The enterprise's demand for commercial banks to carry out the business that puts forward to higher requirements.In this context,the banks' mode that depends on scale expansion and spread income of traditional profit is unsustainable.Thus,the banks must explore a new mode for the transformation and upgrading of corporate business.Besides,after the global financial crisis in 2008,because of its low risk,light capital,stable income and high customer loyalty,the transaction banking has been paid more and more attention.At present,some domestic commercial banks have taken the exploration of the Chinese version of the transaction banking,they started with the customer-demand-oriented and integration of existing products,transforming to a one-stop transaction banking services.This paper begins with the transaction banking of highly regarded by international banks and the multi-challenge of the domestic economy.Then it expounds the core idea of the transaction banking which is "providing customer-centered integrated financial services".This business that affected by the economic cycle a little and high bonding with the customers,belonging to the bank light business mode.It is also an important means of the banks to obtain core deposits,to enhance sustainable profitability.Transaction banking's main business scope includes trade finance,cash management,payment and settlement,supply chain finance and asset management etc.With the augmentation of the transaction banking business in side of the enterprise development,the corporate business in the commercial bank will be from the current stage of certain attributes and passive,to the subjectivity and pull development.We must vigorously play the role of its power engine,not just support and service functions.Then,this paper explains the definition,characteristics,the comparison of business model and its advantages.And then reviews the current situation of the development of the transaction banking business abroad,analyzes the business model and organizational structure of Standard Chartered Bank's transaction banking business in Bangladesh,as a foreign trade on the mature experience for reference.At the same time,this paper makes an analysis of the present situation of transaction banking in domestic commercial banks and the characteristics of the existing transaction banking.After that,taking China Construction Bank(CCB)as an example,it summarizes the present situation and challenges of the company's business,and explains the necessity of the CCB to develop the transaction banking.Finally,it comes up with the views on how to develop strategy of the CCB's development of the localization transaction banking business,and then put forward to corresponding suggestions for the commercial banks to develop this business.This research provides a theoretical guidance for the development of commercial banks' transaction banking business in China,which also has important practical significance for the banks to break through the bottleneck of traditional business,obtain new profitable points and participate in fierce market competition.