Study on the Development of the Intermediate Business of Commercial Banks in China

Abstract

China’s commercial banks have developed intermediate business for decades, but compared with western developed countries, they are still left far behind with many problems including limited types, small scale, low quality and lacking unified charging standards. The hidden causes behind these questions are the banks’ lack of attention to the intermediate business, lack of versatile talents, lack of innovation and lack of sound legal system. In order to solve the dilemma, all of the parties need to coordinate, the banks should pay enough attention to the intermediary business, colleges and universities should cultivate more complex and practical talents, the society should vigorously encourage innovation, supervision departments should establish a sound legal system and charge management system.