Research On The Implementation Of Inclusive Finance Policy Institutions Of State-owned Banks

The concept of financial inclusion was proposed by the United Nations in 2005,and it is defined as a financial system that can provide effective and comprehensive services to any social class and group.In my country,inclusive finance is based on my country’s national conditions,mainly means that under the promotion of the government,financial institutions provide financial services to all natural persons and all legal persons in my country’s social and economic development,among which the key service targets are low-income groups and small,medium and micro enterprises.Inclusive finance policy is a series of policies and measures issued by the government for the development of inclusive finance to ensure that all social strata groups can obtain financial services and financial resources rights,reduce financial financing costs,maintain social and financial equity,and promote national economic and social development.State-owned banks are banks under the direct control of the state.Compared with other banks,state-owned banks are unique.They need to effectively perform their public service functions and undertake national policy functions.From the perspective of state-owned banks,the main body of policy implementation,this paper studies the implementation of state-owned banks’ inclusive finance policies.Firstly,it systematically sorted out the relevant researches on inclusive finance and its policies and policy implementation at home and abroad,and summarized,learned from,and learned from the existing literature.The current situation of the implementation of the branch’s inclusive financial policy,and the Smith policy implementation process model is used to analyze the problems and causes in the implementation of the inclusive financial policy of the Bank of China branch in Q city.The survey data shows that the Bank of China branch in Q city has a poor implementation effect of the inclusive finance policy.Combined with the interview results,it is found that the problems existing in the implementation of the Bank of China branch in Q city are mainly reflected in the inadequate transmission of the inclusive finance policy,the imperfect organizational structure of inclusive finance,and the lack of inclusive finance.Insufficient support for Hui Finance products and services,and lack of policy publicity for target groups.Using the Smith policy implementation process model to further analyze the above problems,the main reasons are that the national financial inclusion policy system is not perfect,the executive body’s financial inclusion policy implementation mechanism is not perfect,the environmental conditions for the implementation of the financial inclusion policy are lacking,and the target groups themselves have risk defects..However,improving the implementation effect of state-owned banks’ inclusive finance policies requires the joint efforts of the state and state-owned banks.For this reason,the following suggestions are put forward in response to the problems existing in the implementation of inclusive finance policies of the Bank of China branch in Q City:The first is to promote national inclusive finance.Policy system construction,including legal construction and differentiated supporting policies.The second is that state-owned banks have established a sound financial inclusion policy implementation system,including business processes,internal assessments,product technology research and development,and due diligence and exemption mechanisms.The third is to create a favorable environment for the implementation of financial inclusion policies,including regulatory assessment,post-policy evaluation,and risk sharing and compensation.The fourth is to enhance the target group’s awareness of financial inclusion policies.It is conducive to promoting the implementation of my country’s inclusive finance policy,especially providing a certain reference for the implementation of my country’s state-owned banks’ inclusive finance policy.