The Impact Of Internet Banking On The Efficiency Of Commercial Banks

Finance is the core of a country's national economy,and the bank is the key to this area.It can effectively improve the capital allocation situation and speed up the overall flow of funds,and thus effectively enhance the country's national economy and improve the living standards of their residents.The efficiency of the bank can be measured by total factor productivity,which is the part of the bank's output,which can not be explained by the proportion of factors such as the scale of assets and liabilities,the cost of inputs,and so on.This part reflects the efficiency of commercial banks Performance.Since the beginning of 2015,Premier Li Keqiang in his important speech for the first time to develop "Internet +" action plan,the major domestic industries have accelerated with the Internet integration and penetration rate.Relying on large data,cloud computing technology,different from the traditional two types of financing the third financial model-Internet finance,from the emergence of everyone's attention.In the end such a new financial model really like rumors that subversion of existing financial,or just under the traditional financial framework of the "channel" innovation? It seems that only after further research to draw conclusions.On the basis of fully collecting and reading the domestic and foreign literatures,this paper first expounds the connotation,characteristics,classification and driving factors of Internet finance,and analyzes the transmission mechanism of the Internet financial effect on the efficiency of domestic banks from the theoretical analysis.And then the sub-model of the development of China's Internet financial status quo,and China's commercial banks in recent years,the specific situation of a brief exposition.Finally,the Malmquist index method of data envelopment is used to evaluate the total factor productivity of China's major listed banks from 2008 to 2015.The panel regression model was established to study the effect of the efficiency on the efficiency of the major listed banks in China.The regression results show that the total factor productivity and technological progress efficiency of Internet finance and domestic banks are in the same direction,but they change in the opposite direction with pure technical efficiency.