A Study on the Business Innovation and the Management Mode of Business Cooperation between Banks and Trust

Xiaoyu Li

doi:10.5539/ibr.v1n3p63

Abstract

Banking is an industry with high intensity and fast update of knowledge, information, and technology. Innovation is a key element for commercial banks’ survival and development. In the self-development process, China commercial banks cooperate with trust companies in business and create new financial products, strengthening management and risks control. By this way, banks can find out new profit rising point and the state-owned commercial banks can improve their comprehensive competitive strength. This paper analyzes the present situation and problems of China’s banking-and-trust operations, advancing effective business innovation and management mode.

Highlights

Along with the gradual perfect of policy and legal platform and the continuous enhancement of social public rational investment idea, China’s trust meets its opportunity of development
As trust company pushes innovation in financial market, it brings about bright prospect for the cooperation between banking and trust
Market opportunity does not wait there, plus the branches of state-owned banks can not reply for their customers clearly and timely, what will affect the competence of cooperation business between state-owned commercial banks and trust companies

Summary

Introduction

Along with the gradual perfect of policy and legal platform and the continuous enhancement of social public rational investment idea, China’s trust meets its opportunity of development. State-owned commercial banks should make best use of advantages in capitals, settlement, net, and customers, pay more attentions on and grasp opportunities in financial innovation and business exploration, cooperate with trust companies to make innovation actively, enhance business management and risks control over banks’ trust operation, and improve the comprehensive competitive strengths.

Results

Conclusion