Development Strategies of Online Banking in State-Owned Commercial Banks

With the advent of the Internet age , especially the development of the e-commerce industry , online banking came into being in the process of financial globalization has attracted a lot of users of online banking for its convenience , low cost , versatility, and other characteristics . China's state-owned commercial banks are the mainstay of the banking industry , the development of its online banking business by the general concern of the community . China 's basic mode of online banking is to set up a special e-banking sector , on the basis of the existing traditional banking business , and business between the commercial bank online banking prices ranging from handling charges , so China's commercial banking great dependence on traditional business . Because of the dependence of the economic system , the high degree of market concentration in China's commercial banks , state-owned commercial banks in the development of the traditional business method has inherent advantages . The state-owned commercial bank in asset size , number of institutions , research and development capabilities as well as credibility with other commercial banks do not have the advantage , but the state-owned commercial banks in the ownership structure , the degree of risk , the use of cost , there are a lot of disadvantages , detailed analysis of the currently developed countries good practices and useful experience in the development of online banking , overview of the current domestic and foreign scholars of literature on the development of Internet banking and its impact research and statistical data using the latest online banking , online banking legislation with foreign regulatory use the SWOT method a comprehensive analysis of the state of development of the state-owned commercial banks online banking . Based on this analysis , we believe that to promote the development of China's state-owned bank online banking , state-owned commercial banks need to improve their own internal corporate governance mechanisms to strengthen the security technology research and development , and cooperation with major e-commerce operators and large and medium-sized state-owned enterprises , to provide a wide range of services , relying on traditional brand , enhanced marketing capabilities . In addition , China 's banking supervision department should be developed to adapt to the development of Internet banking laws and regulations to regulate the development of online banking .