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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Transformation Strategies of Commercial Banks under the Background of Financial Science and Technology

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DOI: 10.25236/ICFIL.2019.003

Author(s)

Lei Zhang

Corresponding Author

Lei Zhang

Abstract

In the long run, with the expanding scale of financial market, Internet finance has attracted more and more people’s attention. Taking its various advantages into consideration, it is bound to replace commercial banks in the future financial development. Therefore, under the background of the continuous development of social economy, the business management mode of commercial banks has gradually begun to change. That is to say, commercial banks of our country have begun to implement the transformation plan in order to enhance their competitiveness in the financial field.

Keywords

Commercial bank; transformation; analysis; specific strategy