Research On The Influence Of Technology Finance On The Profitability Of Commerical Banks

Under the background of “mass entrepreneurship and innovation”,China is accelerating into the era of “new economy”led by science and technology.Science and technology innovation enterprises will become an important engine of this round of economic growth,and science and technology finance comes into being.With the rapid development of science and technology finance,how to maintain and improve the profitability of commercial Banks and promote the transformation of commercial Banks' profit model has become the focus of both theoretical and practical circles.Based on this,this paper adopts the method of case study and empirical study to study the impact of science and technology finance on the profitability of commercial Banks.This paper firstly reviews the literature of sci-tech finance and commercial Banks,then analyzes the status quo and the positive and negative effects of sci-tech finance on the profitability of commercial Banks,and then takes the bank of Shanghai as a case to analyze the development experience and the reference for commercial Banks.Then carries on the empirical analysis,take the way of science and technology index of financial development to comprehensive evaluation of commercial bank financial development index level of science and technology,selected the 13 Chinese commercial Banks in 2009-2018 data,using the difference GMM and analysis technology financial system GMM to the profitability of Chinesecommercial Banks,finally for the commercial Banks how to use technology to enhance its profitability financial effective Suggestions are put forward.In this paper,it is found that science and technology finance has a nonlinear influence on the profitability of commercial Banks.In the early stage of the development of sci-tech finance,the negative effect on the profitability of commercial Banks was greater than the positive effect due to the large impact on commercial Banks and the slow change of their consciousness,the insufficient risk control ability of Banks and the lack of supporting mechanism of sci-tech credit.However,with the development of science and technology finance,commercial Banks began to take the initiative to develop a series of credit products,and the impact of science and technology finance on the profitability of commercial Banks is obvious,so it will promote the improvement of their profitability.