Research On Optimization Of Funds Transfer Pricing System Of JX Rural Commercial Bank

Funds Transfer Pricing system is an internal management model of the commercial bank's internal fund center and business operation unit to transfer funds in full and paid according to certain rules,and achieve the purpose of accounting for the cost or income of business funds.It is called Funds Transfer Price System abroad,or FTP for short.FTP sprouted in the 60 s and 70 s of the 20 th century and was improved on the major U.S.banks in the 1970 s and 1980 s until it became popular in European and American banks in the 1990 s.Since the first introduction of the banking industry by the Bank of America in the 1980 s,FTP has become an indispensable tool for international commercial bank management after more than 30 years of development and improvement.Since the 21 st century,some large state-owned commercial banks have begun to try to use Western commercial banks to implement the "internal transfer pricing" management,but compared with foreign commercial banks,they are still in the initial stage of continuous exploration and continuous summary.In recent years,it has become a common basic management tool for large commercial banks in China.Many rural commercial banks have also developed internal capital transfer pricing systems and implemented internal capital transfer pricing management.In order to effectively respond to the challenges brought about by the marketization of interest rates,respond to the strategic development needs of ACBP,and implement the reporting requirements of the annual meeting,rural commercial bank of JX has organized the development of an internal fund transfer pricing(FTP)system.After requirements analysis,system design,program development,and functional testing,the FTP system has completed its overall design goals and is intended to achieve multi-dimensional profit pricing by organization,line,product,customer,employee,etc.,and accurately identify the source of profit.The product pricing,strategy guidance,risk management and performance evaluation are applied to daily management to improve the precision management ability.But it turned out badly.This paper first introduces the internal transfer pricing theory,including the concept,pricing model,pricing method and pricing function of internal transfer pricing.Combined with the current implementation of the internal capital transfer pricing scheme of JX Agricultural Commercial Bank,it includes an overview of JXAgricultural Commercial Bank,an implementation background,an implementation status,and a simulation profit analysis after implementation.From the analysis of JX internal capital transfer pricing scheme after the implementation of problems,and through the analysis of existing problems,analyze the causes of problems and put forward targeted recommendations.