Research On The Offshore Financial Business Of Hainan Commercial Bank

Bank offshore financial business plays a significant role in promoting the development of local economy.Hainan Province,as the largest special economic zone in China,has natural endowments and unique geographical advantages in the region.How to develop the offshore financial services of Hainan Bank based on Hainan's existing situation and serve the construction of Hainan Free Trade Zone and Free Port,It is of great significance to Hainan Province.On the basis of the definition of offshore finance,the paper makes a detailed combing of the domestic and foreign literatures of offshore finance,and this paper analyzes the basic conditions of Hainan commercial bank's development of offshore financial business from four aspects:geographical conditions,national policy,economic and financial foundation,and laws and regulations.At the same time,in Hainan province offshore financial business of commercial bank involved in the subjects of management,customers,business type,operating conditions and the main methods of expanding bank offshore financial business a systematic introduction.On this basis,the paper analyzes and elaborates the bottleneck problems of the offshore financial business development of Hainan commercial bank from the aspects of economic and financial foundation,control policy and supporting system.In view of the present situation and bottleneck of offshore financial business of Hainan commercial bank,the paper puts forward the goal,function orientation and relevant development strategy of promoting the development of offshore financial business of Hainan commercial bank.According to the practical conditions and business requirements of Hainan Commercial Bank to develop offshore financial business,it is bold to innovate the offshore financial business of Hainan Province Commercial Bank,customize different solutions and measures,and actively explore the offshore financial business with Hainan characteristics.Specific include:clear commercial bank offshore financial business development objectives and functions,general ideas and implementation steps;increase government policy support,gradually relax the foreign exchange business control;improve the corresponding legal supporting measures,To strengthen the ability of risk prevention and control,to improve the margin of tax preference,to strengthen the training of offshore financial personnel reserves and other aspects of countermeasures and suggestions.