Behind the rapid development, Chinese retail banks are difficult to hide all kinds of hidden dangers from backward commercial bank wholesale business
In 2006, domestic banks have used retail banking business as one of the main strategic directions. I went to the schedule. ICBC proposes to build the “China’s First Retail Bank”; Agricultural Bank of China takes retail business as the focus of strategic transformation; CCB takes the opportunity to strengthen small and medium -sized enterprise loans to increase the transformation to retail banks; the Bank of China has begun to operate credit card business with Bank of England; China Merchants Bank proposes to be the best retail bank in China; CITIC Bank will establish a retail banking system within two years; Minsheng Bank (Quotes Information) to set up a “private bank” … The strategic position of retail banks is becoming increasingly important. The proportion gradually increases.
but behind the rapid development, Chinese retail banks are difficult to hide all kinds of hidden dangers from backward commercial bank wholesale business: customer segmentation is not clear, I do n’t know what kind of customer they are suitable for Groups, blindly attracting all customers; low innovation capabilities, and few banks can launch new products suitable for target customers. The products seem to be carved by a mold, and technology cannot keep up. In terms of marketing, many banks are preferred not customers, but credit and risks …
How to the development direction of retail banks how to develop the development direction of retail banks Intersection How to break through the bottleneck of domestic retail banks? How to develop the specific business of retail banks? The latest research results of various consulting and investigation agencies may have a certain inspiration for the newly emerging my country’s retail banking business.
The retail bank’s development focus of bank development
The survey report of McKinsey Company, a famous consulting agency, shows that there are about 30 million households with an annual income of more than $ 4,300 in China, of which 120 Thousands of households have more than $ 100,000 deposits. The deposit share of these wealthy families accounts for more than 50%of China’s personal deposits, and total assets reach 20 trillion yuan. According to McKinsey’s calculation, China’s personal wealth management market profits reached $ 57 billion in 2006.
The domestic savings rate is as high as 46%. Essence In addition, the reform of the education and social security system step by step has also provided huge development space for the retail banking business!
In the banking industry in developed countries, retail banking business is an important source of bank income. Over the past few years, the profit margin of US private banking business is as high as 35%to 40%. The retail banks of Citi Bank, Hang Seng Bank, Deutsche Bank, and HSBC Holdings contribute to the profit contribution of retail banks, accounting for 69%, 51.25%, 54.4%, and 46%of total profit. Hang Seng Bank’s retail banking business accounts for more than 48%of the total profit. Personal wealth management business has become the core competitiveness of foreign banks.
Behind the rapid development, Chinese retail banks are difficult to hide all kinds of hidden dangers from backward commercial bank wholesale business
In 2006, domestic banks have used retail banking business as one of the main strategic directions. I went to the schedule. ICBC proposes to build the “China’s First Retail Bank”; Agricultural Bank of China takes retail business as the focus of strategic transformation; CCB takes the opportunity to strengthen small and medium -sized enterprise loans to increase the transformation to retail banks; the Bank of China has begun to operate credit card business with Bank of England; China Merchants Bank proposes to be the best retail bank in China; CITIC Bank will establish a retail banking system within two years; Minsheng Bank (Quotes Information) to set up a “private bank” … The strategic position of retail banks is becoming increasingly important. The proportion gradually increases.
but behind the rapid development, Chinese retail banks are difficult to hide all kinds of hidden dangers from backward commercial bank wholesale business: customer segmentation is not clear, I do n’t know what kind of customer they are suitable for Groups, blindly attracting all customers; low innovation capabilities, and few banks can launch new products suitable for target customers. The products seem to be carved by a mold, and technology cannot keep up. In terms of marketing, many banks are preferred not customers, but credit and risks …
How to the development direction of retail banks how to develop the development direction of retail banks Intersection How to break through the bottleneck of domestic retail banks? How to develop the specific business of retail banks? The latest research results of various consulting and investigation agencies may have a certain inspiration for the newly emerging my country’s retail banking business.
The retail bank’s development focus of bank development
The survey report of McKinsey Company, a famous consulting agency, shows that there are about 30 million households with an annual income of more than $ 4,300 in China, of which 120 Thousands of households have more than $ 100,000 deposits. The deposit share of these wealthy families accounts for more than 50%of China’s personal deposits, and total assets reach 20 trillion yuan. According to McKinsey’s calculation, China’s personal wealth management market profits reached $ 57 billion in 2006.
The domestic savings rate is as high as 46%. Essence In addition, the reform of the education and social security system step by step has also provided huge development space for the retail banking business!
In the banking industry in developed countries, retail banking business is an important source of bank income. Over the past few years, the profit margin of US private banking business is as high as 35%to 40%. The retail banks of Citi Bank, Hang Seng Bank, Deutsche Bank, and HSBC Holdings contribute to the profit contribution of retail banks, accounting for 69%, 51.25%, 54.4%, and 46%of total profit. Hang Seng Bank’s retail banking business accounts for more than 48%of the total profit. Personal wealth management business has become the core competitiveness of foreign banks.