近年来，随着金融市场的快速发展，直接融资业务不断增加，创新型业 务发展迅速，商业银行正经历由传统金融业务向新兴金融业务转型的过程中， 投融资业务规模在银行整体业务规模中呈现逐渐上升趋势。发展投行业务对 传统商业银行应对当前经济困境具有重要意义，随着我国利率市场化的加深， 2015年以来人民银行多次下调存贷款利率，净息差空间被不断压缩，商业银 行利差收入持续下降，严重影响了商业银行的营利情况。发展投行业务对于 增加商业银行中间业务收入和提高综合竞争力具有重要作用，金融创新已成 为商业银行发展趋势。中国银行齐齐哈尔分行为应对市场经济发展新形势， 正逐步将传统商业银行存贷款业务及结算业务与投行业务相结合，以满足客 户不断变化的投融资需求。 本文首先通过国内外投资银行发展现状及模式的阐述，分析了我国商业 银行发展投行业务的必要性，通过发展投行业务可以有效应对利率市场化情 况下存贷款利差的收缩，促使商业银行更多的参与直接融资市场业务，增强 商业银行综合竞争力。面对当前的机遇和挑战，中国银行齐齐哈尔分行仍存 在着传统业务比例偏重、投行业务缺乏创新、产品结构单一、缺乏专业性人 才等问题。其次，以中国银行齐齐哈尔分行投行业务的发展策略为研究对象， 以国内投行业务发展状况为基础，探讨中国银行齐齐哈尔分行投行业务的发 展策略。通过对中国银行齐齐哈尔分行投行业务的基本情况、主要业务模式 进行概述，研究发展投行业务对中国银行齐齐哈尔分行业务发展的重要作用， 结合内外部情况指出目前业务发展中存在的问题，并针对这些问题提出相应 的对策建议，希望有利于中国银行齐齐哈尔分行投行业务的发展，以应对金 融市场日趋激烈的竞争环境。 关键词：中国银行；商业银行；投行业务；金融创新 哈尔滨工业大学工商管理硕士学位论文 -II- Abstract Inrecentyears,withtherapiddevelopmentofthefinancialmarket,the directfinancingbusinessisgrowing,innovativebusinesshasdevelopedrapidly, thecommercialbanksareexperiencingthetransitionfromtraditionalfinancial servicestoemergingfinancialservices,investmentbankbusinessscaleinthe overallsizeofthebusinesshasgraduallyrisingtrend.Thedevelopmentofthe investmentbankingbusinessisofgreatsignificancetothetraditional commercialbankstodealwiththecurrenteconomicdifficulties,withthe deepeningofinterestrateliberalizationinChinasince2015,thepeople'sBankof Chinahasloweredthedepositandloaninterestrate,netinterestmarginspaceis constantlycompressed,theinterestincomeofcommercialbankscontinuedto decline,aseriousimpactontheprofitabilityofcommercialbanks,investment bankingfordevelopmenttheimportantroleofincreasingcommercialbank intermediatebusinessincomeandimprovethecomprehensivecompetitiveness, financialinnovationhasbecomethedevelopmenttrendofcommercialbanks. BankofChinaofQiqiharbranchisrespondingtothenewdevelopmentofmarket economy.Itisgraduallycombiningtraditionalcommercialbankdepositandloan businessandsettlementbusinesswithinvestmentbankingbusinesstomeet customers'changinginvestmentandfinancingneeds. Thepresentsituationanddevelopmentmodeofinvestmentbankfirstly expoundedathomeandabroad,analyzesthenecessityofthedevelopmentofthe investmentbankingbusinessofcommercialbanksinChina,throughthe developmentofinvestmentbankingcaneffectivelydealwiththeinterestrate marketcaseloanspreadsshrink,makethecommercialbanksmoreinvolvedin directfinancingmarket,enhancethecomprehensivecompetitivenessof commercialbanks.Facingthecurrentopportunitiesandchallenges,theBankof ChinaQiqiharbranchstillhassomeproblems,suchasthetraditionalbusiness hasahighproportion,theinvestmentbanklacksinnovation,theproduct structureissingle,andthereisnoprofessionaltalent.Secondly,takingthe developmentstrategyofQiqiharbranchinvestmentbankastheresearchobject, basedonthedevelopmentofdomesticinvestmentbanking,wediscussthe 哈尔滨工业大学工商管理硕士学位论文 -III- developmentstrategyofbankofChinaofQiqiharbranchinvestmentbusiness. Throughthebasicsituation,mainbusinessmodeloftheQiqiharbranchof investmentbankingaresummarized,theresearchonthedevelopmentofan importantroleinthedevelopmentofinvestmentbankingbusinessinQiqihar branch,combinedwiththeinternalandexternalsituation,itpointsoutthe existingproblemsinbusinessdevelopment,andputforwardsomecorresponding countermeasuresandsuggestionsfortheseproblems,thatisconducivetothe developmentoftheinvestmentbank,Qiqiharbranchtocopewiththefinancial market,theincreasinglyfiercecompetitionenvironment. Keywords:BankofChina,CommercialBanks,Investmentbanking,financial innovation 哈尔滨工业大学工商管理硕士学位论文 -IV- 目录 摘要...............................................................................................................................I Abstract..........................................................................................................................II 第1章绪论...................................................................................................................1 1.1本文研究的背景及意义.....................................................................................1 1.1.1研究背景.......................................................................................................1 1.1.2研究的意义...................................................................................................2 1.2国内外文献综述..................................................................................................4 1.2.1国外文献综述..............................................................................................4 1.2.2国内文献综述..............................................................................................5 1.2.3国内外文献评述..........................................................................................6 1.3投行业务概述......................................................................................................6 1.3.1投行业务基本概念......................................................................................6 1.3.2投资银行与商业银行的主要区别............................................................7 1.3.3现代投行业务范围......................................................................................7 1.4本文研究的主要内容和基本思路.................................................................10 1.4.1主要研究内容及思路...............................................................................10 1.4.2研究方法.....................................................................................................10 1.4.3论文结构.....................................................................................................11 第2章中国银行齐齐哈尔行投行业务发展现状分析........................................12 2.1中国银行齐齐哈尔分行基本情况..................................................................12 2.2中国银行齐齐哈尔分行投行业务发展现状................................................12 2.2.1中国银行齐齐哈尔分行投行业务收入完成情况................................12 2.2.2中国银行齐齐哈尔分行投行业务主要业务种类................................13 2.3中国银行齐齐哈尔分行投行业务发展内部因素分析...............................17 2.3.1投行业务发展中存在的有利因素..........................................................17 2.3.2投行业务发展中存在的不利因素..........................................................19 2.4中国银行齐齐哈尔分行投行业务发展中存在的问题...............................21 2.4.1投行业务基础薄弱缺乏专业性..............................................................21 2.4.2产品同质化现象明显缺乏创新..............................................................21 2.4.3理财产品销售推广力度不够..................................................................22 哈尔滨工业大学工商管理硕士学位论文 -V- 2.4.4投行收入贡献度下降...............................................................................22 2.5本章小结............................................................................................................23 第3章中国银行齐齐哈尔分行投行业务环境分析............................................24 3.1中国银行齐齐哈尔分行投行业务环境系统分析........................................24 3.1.1政策环境.....................................................................................................25 3.1.2经济环境..........................................................................