bet365 sign up offer article is published in "Chinese Social Sciences Journal"193Issue11One bet365 sign up offer articles in the "Management" edition.

With the successful listing of Agricultural Bank of China in July 2010，Large commercial banks have become listed banks，Begin to accept the challenges and tests of the global capital market。As the direction and end point of bank operations，Optimizing and adjusting the profit model has immediately become the core task of the bet365 sign up offer strategic transformation of all banks。The top priority is to adjust the bet365 sign up offer strategy、Change the way of growth、In the process of optimizing bet365 sign up offer structure，Strive to accelerate the pace of profit model transformation，Establish a new profit model with outstanding value creation capabilities as soon as possible。

　　bet365 sign up offer direction　　

The transformation of the bet365 sign up offer of China’s listed banks is a transformation of growth mode，It is the transformation of listed banks from an extensive high-risk growth model to an intensive low-risk growth model。

The basic elements of bank profit model transformation can be summarized as "a core、Four basic points”，That is, the core of correctly positioning the profit model，Clear profit growth points，Segment profit objects，Improve profitability measures，Improving the profit barrier。Specifically，In order to maximize long-term shareholder value in the new market environment，Listed banks under the guidance of financial innovation，Based on the principle of intensive and efficient use of economic capital，To adjust bet365 sign up offer structure、Change the way of development、Implementing diversified operations as a means，By maintaining a reasonable level of net interest margin、Expand non-interest spread income、Control costs，Realize the transformation of the profit model from an extensive high-risk growth model based on the expansion of traditional credit scale to an intensive low-risk growth model with a balanced development of spread bet365 sign up offer and non-interest spread bet365 sign up offer，From traditional bet365 sign up offer type to diversification、Balance、Stable transformation。Among them，Correctly position the core of the profit model—maximizing shareholder value；Clear profit growth points—maintain a reasonable level of net interest margin、Expand non-interest spread income、Control costs；Segment profit targets—providing personalized services through service innovation；Improving profitability measures – through product innovation，Exploring bet365 sign up offer depth，Expand bet365 sign up offer scope；Improving profit barriers—innovating mechanisms，Mechanism innovation is an important support for product innovation and service innovation。

The advantages of this profit model are highlighted as follows: maintaining the relative stability of the net interest margin level is the basis for the transformation of the profit model；Market segments can fully meet the increasingly multi-dimensional needs of customers、Personal needs；Developing differentiated competitiveness can overcome the pressure of strategic convergence in the same industry；The capital occupation of non-interest spread bet365 sign up offer is relatively low，Small impact from the economic cycle but higher returns，Can reduce over-reliance on spread income for profitability，Reduce risk concentration。

　　bet365 sign up offer Path　　

First, adjust the credit structure，Improve asset quality，Maintain an appropriate level of net interest margin。With the gradual advancement of interest rate liberalization、The intensification of industry competition and the improvement of the bargaining power of high-quality customers，Bank interest spreads have shown a shrinking trend。But from the experience of international banking industry，The relative stability of the net interest margin level is the basis for the transformation of the profit model of listed banks。Therefore，Although the rate of return on credit assets of my country’s listed banks will further decline in the future，But credit bet365 sign up offer is still an important profit growth point for listed banks。

For credit bet365 sign up offer，my country’s listed banks should maintain their existing advantages，Focus on adjusting asset structure，To improve the profitability of asset bet365 sign up offer，Actively optimize the liability structure，To reduce liability bet365 sign up offer costs。First of all, we should actively support advanced manufacturing、The development of modern service industry and strategic emerging industries，Support energy conservation and emission reduction、Circular economy、Development of green economy such as environmental protection industry；Secondly, green credit policies must be strictly implemented，Adhere to the "one-vote veto system for environmental protection"，Strictly control loans to “two high” industries and overcapacity industries。

What needs to be noted is，In the stage of modern listed banks，Subject to capital adequacy and return on equity requirements，Banks cannot expand credit scale without limit，But through the "initiate-sales" model，Syndicated loan、Credit asset transfer and asset securitization and other means，Compete on credit origination and credit flow。This is the manifestation of credit bet365 sign up offer under the new model。Maintain customer relationships through credit initiation，Transfer risk and part of profits through asset sales，And obtain intermediate bet365 sign up offer income，It is also the more common bet365 sign up offer model of foreign banks。Currently，ICBC has proposed to be a major bank in credit transactions and credit flow。The prerequisite for competing for the advantage in credit flow is to have an advantage in credit origination，Therefore，Credit origination will still be the main battlefield for big banks in the future。The credit origination bet365 sign up offer must be viewed from a new perspective，Through financial innovation and cross-selling，Make credit origination bet365 sign up offer a low-cost occupation、Intelligence-intensive bet365 sign up offer driven by high efficiency。At the same time, strengthen credit bet365 sign up offer risk management。

The second is to explore the depth of the bet365 sign up offer，Expand bet365 sign up offer scope，Achieve growth in non-interest income，Expand diversified sources of profit。

The main source of non-interest income is intermediary bet365 sign up offer，So the main way to achieve growth in non-interest income is to expand bank intermediary bet365 sign up offer。In recent years，With the relaxation of regulations、Capital market development，Emerging areas of listed banks continue to emerge，The development of intermediary bet365 sign up offer shows scale growth、Channel expansion、Structural Upgrading Situation。However, there is still a big gap compared with foreign banks in terms of bet365 sign up offer depth and bet365 sign up offer scope，This is mainly related to the development stage of my country’s listed banks。

Currently，To expand diversified sources of profit, my country’s listed banks must realize traditional bet365 sign up offer and emerging bet365 sign up offer、Balanced development of agency sales and innovative bet365 sign up offer, as well as public and private bet365 sign up offer。A company that realizes traditional bet365 sign up offer and emerging bet365 sign up offer、A listed bank with balanced development of agency bet365 sign up offer, innovative bet365 sign up offer, and corporate and private bet365 sign up offer，It will be better able to withstand the impact of external market fluctuations on one or several intermediate bet365 sign up offer income than relying solely on banks with advantages in one aspect。

The third is to optimize banking processes，Strengthen cost management，Control operating costs to increase profitability。Currently，China’s banking industry has entered a period of relatively stable growth but fierce competition，Bank profitability will decline compared to the period of rapid expansion。In this context，Strengthening cost management and control is more important for improving banks’ competitive advantages and profitability。For this，First，To carry out bet365 sign up offer process reengineering，Sign up the relationship between the front, middle and back offices，Realize “simplification” of internal operating mechanisms，Improve operation and management efficiency and reduce costs，This is also an inevitable requirement for the transformation of profit model；Secondly，Control employee costs through a mechanism linking salary and performance，While keeping employee income and corporate profits changing in the same direction，Guarantee that the rising rate of employee expenses is lower than the rising rate of bank profits；Again，Increase technological innovation to reduce cost-to-income ratio，Through technology platform construction，Support and promote the bank’s customer service、Process Reengineering、Product Innovation、Electronic channel construction, etc.，Thus improving the operational efficiency of the bank，Reduce operating costs。

(Source: China Social Sciences Journal Author: Guo Na Unit: bet365 sign up offer China Postdoctoral Research Workstation)

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