Research On The Influence Of Internet Finance On The Efficiency Of Commercial Banks

Since the beginning of the development of Internet lending represented by Ali Credit at the end of 2012,the relationship between Internet finance and commercial banks has become more and more close.On the one hand,the rise of Internet finance has severely diverted the deposits that commercial banks depend on to survive,aggravated the financial disinter mediation,and also raised the cost of capital operation of banks.However,from a positive perspective,the high-tech and new product management concepts brought about by Internet finance also provide ideas for the upgrading and business development direction of traditional commercial banks.This paper chooses the data of 16 commercial banks from 2008 to 2017,and takes the competition(competition,integration)relationship between Internet Finance and commercial banks as the breakthrough point to study from the following two aspects:(1)the impact of Internet Finance on the efficiency of commercial banks and its influencing mechanism;(2)the impact of bank type characteristics on the correlation between Internet Finance and commercial banks' efficiency.Through theoretical analysis and empirical analysis,it can be concluded that:(1)Internet financial products will have a great impact on the core business of commercial banks;(2)Although the development of Internet finance has a certain impact on some business of traditional commercial banks,in the long run,the fierce market competition is also conducive to the development of commercial banks,especially the spillover effect of Internet technology.The improvement of the overall operating efficiency of commercial banks;(3)The efficiency impact of different types of commercial banks is heterogeneous.The overall efficiency of state-owned large commercial banks has been significantly improved,the efficiency of jointstock commercial banks has been generally improved,and the efficiency of urban commercial banks has been least improved.