Zhou Xiaochuan: Banks in the information age have promised and should start from scratch.

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21st Century Business Herald reporter Bian Wanli said in a statement, “In the information age, banks have a lot of work to do. Service, and you can go straight to root users. at the Association's annual meeting.

Zhou Xiaochuan said that the rapid development of information technology, especially in the Internet, big data, cloud computing, intelligence, etc., has contributed to the outcome of many FinTech and BigTech companies, creating new avenues for financial services, in particular financial. services. And he has new opportunities. At the same time, it faces new challenges and challenges in terms of the location and way of doing business for the country, including primary banks, small banks and of course some branches of large banks. self-survival and development.

He said: "Considering the current situation and the conclusion of previous experience and information, the banking sector, especially small banks, needs to learn and think deeply about the opportunities and opportunities for national economic services and for their own survival and development, ”he said. . . noted.

From Zhou Xiaochuan's perspective, the central bank still has a long way to go in the information age.By comparison, he said, small banks are a downside to capital, investments, consumers, payments, cross-border businesses, and IT teams. The advantage of small banks is that they are licensed and have a deposit guarantee. Expectations will be worrisome if smaller banks compete using their weak spots. Thus, it can be determined that community banks should be started on a first come, first served basis in terms of relationship building and customer learning, and focus on community services. This space is still immense and it is also a problem of the whole company.

Zhou Xiaochuan said, “From the experience of some of the top performing core banks in our country, we can see that core banks have a lot of work to do. They have good information and service value, and they directly monitor customers and see potential.Once the benefits are identified, it is clear that banks pay easily will work for the national economy and have a place for it. survival and development, but it is a serious concern that uses their weakness to fight the economy. in the long term, information technology will be strengthened. To be clear, I want everyone to be passionate about these models and learn about these topics.

In this case, he came up with five ideas.

First of all,We must be attentive to the challenges of advances in information technology, as well as to the problems of the company's economic model, business improvement, and banking supervision.

second,Small banks still have a lot of leeway at stake, and there is still a lot of work to be done. Of course, this is incompatible with the thinking of some banks and should be reversed.

third,Banks must be mindful of the principle of fair comparison and not use their weakness as an engine of growth.

Fourth,It begins with the study of changes in the structure of the bank, including the future performance of the bank, and can, to a certain extent, be linked to other types of financial activities based on interconnected principles.

fifth,Although the whole process of research in the past is based on the role of the national economy and industry, in the future, it can be moved to research. , demonstrates and describes various policies and strategies for the development of data-driven financial institutions. The idea that makes it better is to adapt to the new era and to the needs of integration and development.