Small & Medium-Sized City Commercial Banks Industry Examined by China's Economy & Policy-Gateway International Group23 Feb 2012 • by Natalie Aster
City commercial banks have become an important component in China’s banking system. With the exception of a small number of city commercial banks that have gradually expanded in scale, the majority are still small and medium-sized banks. The development process has featured both glowing successes and typical problems and deficiencies.
According to the report “The Development of Small and Medium-sized City Commercial Banks” by China's Economy & Policy-Gateway International Group, the healthy development of small and medium-sized city commercial banks is of great significance for financial stability in China. Key aspects of their evolution are summarized in this article.
The Development of Small and Medium-sized City Commercial Banks
Published: January, 2012
Price: US$ 200,00
Many successful small and medium-sized city commercial banks (hereinafter referred to as CCBs) are mainly located in the Yangtze River Delta and Pearl River Delta regions. Specific aspects of their evolution are reflected in the following analysis.
First, they have developed a solid understanding of the characteristics of the local economy and have explored models for providing effective service. In the economic sense, the Yangtze River Delta and Pearl River Delta are China’s most dynamic regions, with each area characterized by its own distinctive development advantages. For those CCBs that have achieved superior development records throughout these regions, their primary prerequisite was to fully understand the characteristics of the local economy. Serving the local economy became their focal point, so they developed businesses and products that suited the financial needs of local enterprises and residents, thus creating a viable business model which integrated the local economy, finance and culture.
Second, their primary market has been customers with small and medium-sized stocks of capital. Currently, the state-owned holding banks and national joint-stock banks hold an absolutely dominant position in China’s banking system, so they are the market leaders.
More information can be found in the report “The Development of Small and Medium-sized City Commercial Banks” by China's Economy & Policy-Gateway International Group.
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