On Status Quo and Choices of Development Paths of County-level Community Banks

DOI

10.2991/iceess-18.2018.10How to use a DOI?

Keywords

community banks, county economy, development model, path selection

Abstract

Through investigate on different financial development at home and abroad, it is found that a sound and complete financial system is a common practice which includes large commercial banks, small and medium-sized banks, and various types of bank financial institutions. Only in this way can the entire level of the financial system be enriched and Systemic financial system risk can be reduced. This article first explains the definition of community banks, then analyzes the characteristics of county-level community banks from the facts of county-level community banks in China's joint-stock banks and city commercial banks, and then analyzes their development status. Secondly, the development model and experiences of foreign community banks are used for reference. Also, the development model of community banking in county districts in China is analyzed with the example of Qingdao Jiaonan Haihui Village Bank, Minsheng Bank and Guangfa Bank Community Bank. Thirdly, through the analysis of the status quo, it is pointed out that county-level community banks in China have blind expansion of outlets, is lack of diversity and innovation in financial services and products, is short of target customers in county-level community banks, and is full of unsound customer experience and feedback systems. Finally, based on the deficiency fact of county-level community banks, the author puts forward the development path choices of county-level community banks in China.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Liang-xin Li
AU  - Lu Wang
PY  - 2018/10
DA  - 2018/10
TI  - On Status Quo and Choices of Development Paths of County-level Community Banks
BT  - Proceedings of the 2018 International Conference on Education, Economics and Social Science (ICEESS 2018)
PB  - Atlantis Press
SP  - 42
EP  - 45
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceess-18.2018.10
DO  - 10.2991/iceess-18.2018.10
ID  - Li2018/10
ER  -