Bank of Jilin Initiated the Establishment of Jilin Financial Research Center
On April 18, Jilin Financial Research Center, initiated by Bank of Jilin with Jilin University’s Business School and Hana Financial Management Institute, was established in Changchun. The center is the province’s first financial research center established by multi-parties. As a special economic and financial research institution, the research center is committed to creating a specialized high-end think tank, building a new financial think tank with greater influence and visibility, and serving the transformation and development of Bank of Jilin and the economic revitalization of Jilin.
Jilin Bank initiated the establishment of the research center, aiming to dock with Jilin University’s Business School and Hana Financial Management Institute’s personnel advantage, scientific research strength and development experience to seek its own business characteristics, competitive advantage and sustainable development capacity. The basic idea of the operation of the research center is facing new problems in Jilin Province’s financial development, taking case investigation and data analysis as the basis and decision-making consultation and countermeasure suggesting as the core, and devoted to solving great practical problems in the development of Jilin Province’s financial industry.
At the meeting, Bank of Jilin, Jilin University’s Business School and Hana Financial Management Institute signed a tripartite cooperation agreement. Jilin Financial Research Center will adhere to the concept of "researching and creating value", take Bank of Jilin's development strategy as the guideline, and make outstanding achievements in the decision support, frontier analysis, innovation promotion and other aspects; strengthen the talent absorption and training, lay a foundation for Bank of Jilin to apply for the postdoctoral research station and reserve professionals for innovative development; actively carry out exchanges and cooperation with all levels of governments, financial regulatory authorities and social advisory bodies, research and draft a number of forward-looking, targeted and operational development reports for the provincial Party committee and government to make decisions, and further expand Bank of Jilin, Jilin University’s Business School and Hana Financial Management Institute’s social influence.
Bank of Jilin is the province's largest legal institution in the financial industry, the assets exceeded RMB 420 billion as of the end of 2016, and the bank ranked No. 298 in the British "Bankers" magazine’s ranking of global top 1,000 banks and No. 13 in the ranking of China’s city commercial banks by comprehensive competitiveness in 2016. Jilin University is a national key comprehensive university and its Business School has been in the domestic leading position in the economic forecast and decision-making, macroeconomic econometric model and quantitative economics application research. Hana Financial Management Institute has played a very important role for Hana Financial Group to grow into a leading global financial group.