商业银行中间业务英语原文.doc

Intermediate business of commercial banks innovation: the international experience and enlightenment Cheng Hua Abstract：Intermediate businessIs the basis and the origin of the commercial bank, and the new profit growth point of commercial Banks. In this paper, the west commercial bank intermediary business innovation motivation and current situation, then explains its enlightenment significance to our country. Key words：Intermediate business; Financial innovation; Mixed management Intermediate business innovation, and by regulators or commercial Banks as the main body, intermediate business in commercial bank system, internal management, financial innovation of the market, products and technologies, etc. Commercial bank middle business innovation as an important part of financial innovation, is developed in practice, its theoretical basis mainly comes from the modern theory of financial innovation, which is representative of constraint induced type financial innovation theory (w. l. S lb e I r), avoid sex (E.J.K a n e) financial innovation theory, transaction cost theory (J.R.H ek I S: j. ieh a n S), wealth theory (s. I.G r e e n u m b: C, F, H d a y W o o), and asset appropriation theory, scope economy theory. Based on the above theory as guidance, this paper analysis the western commercial bank middle business innovation motivation and current situation, in order to provide reference and enlightenment for our country bank intermediary business innovation. Modern commercial bank intermediary business innovation specific reason analysis 2 0 century 8 0 s, western commercial Banks has been the traditional deposit and lending business is the management focus, but on the following factors, driven by the west commercial bank intermediary business innovation to flourish, and most of these factors are found support in theory. (a) the needs of customers. Along with the development of economy and growing middle class not only wealth safe