Research On The Influence Of Online Finance On The Operation Efficiency Of Commercial Banks

New financial products and platforms such as Alipay,WeChat wallet,P2P net loan platform have been emerging and growing in recent years.Internet finance,a new financial form rising in recent years,has influenced these traditional financial institutions including Chinese traditional commercial banks by its unique operation mode.With its gradually developed new mode and new track,it has influenced the operation efficiency of these traditional business oriented commercial banks in China.What effect does the development of Internet finance have on the operating efficiency of commercial banks?Based on the three dimensions of third-party payment,Internet financing and Internet financing,this paper theoretically analyzes the possible positive and negative effects of Internet Finance on the operating efficiency of commercial banks.Based on the theoretical analysis,this paper puts forward the hypothesis that the development of Internet finance has a negative impact on the operating efficiency of commercial banks.Through the data of 16 listed commercial banks in China from 2013 to 2018,through factor analysis and the establishment of fixed effect regression model,this paper analyzes and tests the impact of the development of Internet Finance on the operating efficiency of commercial banks.After theoretical analysis,it is found that among the three main types of Internet finance business,Internet financing business and third-party payment business have a great impact on the savings business of commercial banks,thus affecting the income of intermediary business,while the main impact of Internet financing business is the loan business of commercial banks,and a large part of the income of commercial banks in China at this stage comes from deposits and loans The interest margin of the business,therefore,the development of Internet finance has a negative impact on such a way of profit.In these sample banks,the state-owned banks rely on their huge volume and sufficient capital,and their cash and the proportion of money deposited in the central bank are higher than the joint-stock banks and urban commercial banks,so their overall operating efficiency is higher than the joint-stock banks and urban commercial banks,and the volatility is relatively small.The empirical results of Internet Finance on the operating efficiency of commercial banks show that on the whole,Internet finance has a negative impact on the operating efficiency of commercial banks,among which the third-party payment and Internet financing have a significant negative impact on the operating efficiency of commercial banks.According to the research conclusions,the following policy suggestions are given by this thesis:first,commercial banks should start from their own,better develop their own internet financial business,combine finance and technology,improve their risk management capabilities,so as to improve their operating efficiency.Second,commercial banks should consider cooperation with mature internet financial platforms and companies,give full play to their own advantages,improve their own profit structure,and learn from each other in cooperation to achieve a win-win situation;third,for small and medium-sized banks,they should make clear their own positioning,take root in local economy,focus on serving local customers,and walk out a differentiated development path;and The government should establish practical supervision standards and means to implement differentiated supervision on banks of different scales,so as to better guide the development of small and medium-sized banks.