Research On The Problems And Countermeasures Of Factoring Business Development Of AB Commercial Banks

China's domestic financial industry has undergone tremendous changes.Under the increasingly fierce competition,domestic commercial banks can not be limited to traditional business.It has been a new trend of banking industry to constantly develop new business on the basis of traditional banking business.Thus the factoring business of commercial banks comes into being.International commercial banks have a long history of factoring business which is systematic and standard.However,the factoring business of Chinese commercial banks is in initial stage,and some problems still exist in its application.For commercial banks,the rules of business implementation are yet to be completed,meanwhile,the rapid business promotion and risk prevention and control are not matched;From the perspective of customers,the product awareness is not high and the application scope of customers is too narrow;As for the management of financial supervision authorities,the standard formulation and system development for new business are laggard,and the lack of uniformity and standardization of products exposes potential risks.Basing on the mentioned problems,the thesis makes some analysis on reviewing and summarizing relevant Chinese and foreign literature.The thesis first analyzes the meaning,classification,function,importance and development background,development status of the factoring business of commercial banks and its prospect in China.Secondly,it illustrates the problems existing in the factoring business of China's commercial banks.For example,the organizational management system of factoring business is not yet sound,the idea of traditional loan cannot be changed along with the product transformation,the guarantee measures are relatively weak,and there are differences between domestic factoring business and international common practices.Then,some countermeasures and suggestions,such as perfecting the organizational management system of factoring business,changing business concept,strengthening business understanding,reducing risks of commercial banks,optimizing guarantee measures of factoring business are given,and it states that business implementation rules should match the actual business.Fourthly,it introduces the risk identification of domestic factoring business and the corresponding risk prevention measures using empirical analysis through specific cases.In the end,the thesis summarizes the viewpoint of this paper and gives some concrete suggestions on the development of domestic factoring business.