Research On Development Strategy Of Inclusive Financial System Of Bank Of China Jilin Branch

Inclusive financial system is relatively new compare to other financial concepts.The concept came into view in 2005.From then on,the practice of inclusive financial system has spread all over the world.At present,China's economic development has entered a new normal.There is an urgent need for the financial industry to play a greater role in the economic society.Jilin province also faces the question of how to develop it's economy in a faster but harmonious way.The local state-owned banks,joint-stock commercial banks,city and agricultural banks in Jilin Province have developed rapidly in recent years,assuming the important task of promoting the development of the real economy.Bank of China,as a large state-owned commercial bank,must burden the task of promote the economy of Jilin province to a higher and healthier level.In order to serve a wider range of consumers,Bank of China Jilin branch has put the promotion of inclusive financial business on the most important level,the four reasons lies here:first,the inclusive financial business of Bank of China Jilin Branch can promote the transformation and development of local economy in Jilin Province,the second is to promote the sustainable and healthy development of bank credit business,and the third is to promote the social development.In addition,the inclusive financial business is conducive to the benefit of the relevant economic participants to enjoy the dividends of economic development,conducive to the bank to carry out the business of keeping trustworthiness and convenienceIn order to carry out comprehensive research on the development of inclusive financial business of Jilin branch and put forward corresponding development strategy suggestions.This paper first introduces the origin of Inclusive Finance from the macro level and the relevant policies and measures issued and implemented at the national level after its introduction into China,and introduces the research on the development strategy of the inclusive finance business of Bank of China Jilin branch by using descriptive research method,case study method and comparative analysis method.Then,in Chapter 2,it makes a detailed analysis of the current situation and existing problems of the development of inclusive financial business of Bank of China Jilin Branch,At the policy level,it analyzes and expounds the institutional setting and approval process of the current inclusive financial business department of Bank of China Jilin Branch.In the aspect of human resources,it also analyzes the people in the inclusive financial line of Bank of China Jilin Branch In terms of product design,this paper mainly introduces the main products and market demand of the current inclusive financial line of Jilin Branch of Bank of China.Through a comprehensive analysis of the current development of inclusive financial business of Bank of China Jilin branch to reveal its shortcomings.Chapter 3 focuses on the analysis of the strategic environment for the development of inclusive financial business of Jilin Branch of Bank of China,from the external level,from the political and legal environment,financial environment,technical factors,industry environment;from the internal level,from the organizational structure,human resources,corporate culture and product development capabilities of inclusive financial business of Bank of China Then through the SWOT analysis model,the paper positions the development strategy of inclusive financial business of Bank of China Jilin Branch.In Chapter 4,this paper mainly introduces the strategies that should be adopted for the development of inclusive financial business of Jilin Branch of Bank of China:namely,the strategy of vertical integration,and the ways that should be selected and adopted for the implementation of the strategy of vertical integration.At the same time,it puts forward the corresponding views on how to guarantee the vertical integration strategy That is,the branch attaches importance to,optimizes personnel allocation,increases product innovation and reduces adverse risks.