Research On The Impact Of Fintech On The Credit Risk Of Smes In Commercial Banks

As the financial technology power with the most potential for development in the world,our financial industry has been developing and innovating continuously in recent years.Due to the influence of the rapid development of fintech companies,commercial banks began to compete with each other in price,resulting in the gap between deposit rates and loan rates is gradually narrowing;In addition,commercial banks make use of the advanced technology in the financial field to build a better comprehensive service platform,further innovate the traditional management mode,explore more potential customer base,and achieve more efficient financial services to obtain customers and live customers.Meanwhile,with the further development of fintech,Chinese commercial banks’ management of credit risk to smes is also facing new reform.The impact of fintech on the credit risk of smes is increasingly significant.Therefore,this paper makes an in-depth study of the specific impact of fintech on the credit risk of smes in commercial banks.Theory analysis,in order to understand the financial technology influence mechanism of the small and medium-sized enterprises(smes)in the commercial bank credit risk,this paper is how to apply for financial science and technology in the commercial bank,and what is the characteristic in the process of role has carried on the detailed analysis,considering the previous problem of small and medium-sized enterprises in the commercial bank credit risk,the research of Based on the impact of fintech on the profitability,operational efficiency and risk control of commercial banks,this paper analyzes the positive and negative impacts of fintech on the credit risk of smes in commercial banks,and more comprehensively expounds the impact mechanism of fintech on the credit risk of smes in commercial banks.Predecessors’ is based on the financial development level of science and technology of the whole industry to study on the individual,the influence of the small and mediumsized enterprise credit risk in commercial bank research is too general,and this paper adopts the text data mining method,the different financial technology has carried on the quantitative analysis of commercial Banks,in order to more comprehensive and accurate measure of commercial Banks financial science and technology developed,So as to make up for the defects existing in the previous research.This paper starts with the data of 54 Chinese banks and makes a regression analysis using the system GMM method.The results show that the development of fintech will reduce the credit risk of smes in commercial banks.The main reason is that the financial technology services of Chinese commercial banks are becoming more and more perfect.Intelligent risk control technologies such as big data analysis and cloud computing technology have reduced the fraud risk of bank customers.Major banks have rapidly entered the field of financial technology application,strengthened their profitability and reduced the operational risk of banking business.In order to study the differences in the impact of fintech of different types of commercial banks on the credit risk of smes,this paper again uses systematic GMM technology to perform regression analysis on grouped sub-samples.The results show that the fintech development of large commercial banks significantly reduces the credit risk of smes.However,the impact of fintech development of small and medium-sized banks on the credit risk of small and mediumsized enterprises is not obvious.In this paper,nonperforming loan ratio(NPL)is used to replace Z value,and the stationarity test of the assessed SME loan risk is carried out.The results show that the estimation conclusion of the fintech development indicator is consistent with the above results,indicating that the model is relatively stable.While strengthening risk prevention,commercial banks should actively use fintech to promote deep integration with it.In order to break the vacuum of supervision,promote the perfection OF supervision laws AND regulations and promote the healthy development of banking industry,we should give full play to the role of supervision technology and implement dynamic supervision in the supervision system.