Development Experience and Reference of Top Private Banks

Development Experience and Reference of Top Private Banks

Authors

  • Hongrui Zhao College of Digital Economy, Taishan University, Tai'an, Shandong, China
  • Rong He Jinan Lixia District Taxation Bureau of the State Administration of Taxation, Jinan, Shandong, China
  • Qian'e Zhuang College of Teacher Education, Taishan University, Tai'an, Shandong, China

DOI:

https://doi.org/10.53469/ijomsr.2024.07(06).01

Keywords:

Private bank, WeBank, MY Bank, Experience reference

Abstract

Objective: Summarize the development experience of top private banks and provide reference for the development of other private banks. Methods: Using literature review, case analysis, and comparative analysis methods to analyze the operational characteristics of WeBank and MY Bank. Conclusions: 1) Private banks should focus on the general public and small and micro enterprises. 2) Private banks should attach importance to product research and development. 3) Private banks should strengthen technological support. 4) Private banks should strengthen external cooperation.

References

Yang Fuhua. Research on the Development and Regulatory Mechanism of Private Banks in China [D]. Changsha: Central South University of Economics and Law (doctoral thesis), 2018.

Yi Jinping, Xiang Ting The Development Achievements, Risks, and Implications of Private Banks in China: Taking Zhejiang Wangshang Bank as an Example [J]. China Collective Economy, 2020 (29): 82, 83.

Chen Jian. Exploration of the Challenges and Development Path Faced by Private Banks [J]. China Production and Economics, 2021 (4): 57-58.

Wu Tianzhu. Impact of Internet finance on commercial banks [J]. Finance, 2021 (3): 81-86.

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Published

2024-12-26

Issue

Vol. 7 No. 6 (2024): ijomsr-2024-7-6

Section

Articles