Research On The Impact Of Internet Finance On Commercial Banks’ Intermediate Business

Internet finance engulfs the traditional financial market.Commercial banks,as an important component of the traditional financial system,are affected by internet finance.The article starts with the intermediary business of commercial banks and explores the impact of internet finance on the intermediary business of commercial banks.The article analyzes the development status of Internet finance and commercial bank intermediary business,and then uses this as a basis to speculate that Internet finance affects the commercial bank’s intermediary business mechanism analysis.In the empirical part,a static panel and a dynamic panel are used to establish the model,and whether the empirical results are consistent with the mechanism analysis is explored.The static panel empirical results are consistent with the mechanism analysis results.There are differences between the empirical results and the mechanism analysis of the dynamic panel.At the end of the article,two suggestions are made on the future direction of the intermediate business.