Analysis Of The Impact Of Emerging Internet Financial Instruments On The Profitability Of State Owned Banks

Worldwide,the Internet is widely used in different fields gradually,and the Internet financial tool has been developed..Internet financial enterprise refers to the Internet and the traditional financial institutions with the aid of information and communication technology and Internet technology to realize capital investment,financing,payment and information intermediary services,as a new financing way or a new mode of financial business,has many advantages,such as high efficiency,low cost,abundant information,the more representative financial innovation business includes WeChat payment,mobile payment,P2P online credit,balance,etc.It is no exaggeration to say that recently by a large financial data,third-party payment,the suggests,P2P network as representative's emerging Internet financial instruments such as credit is to occupy the market extremely fast,and with the situation of traditional form the dislocation competition between state-owned Banks,a monopoly in the financial markets.In addition,predictably,with the continuous development of the Internet financial instruments and progress,the competition between state-owned Banks and will be intensified,and might of the bank a tremendous impact on traditional management mode and operation pattern.The continuous development of the Internet financial has been more and more superior leader's attention,it has entered the ranks of China's economic and financial development,and shows great potential for development and innovation,to the development of Chinese financial industry opens the new portal.But they have a lot of influence on state-owned Banks' earnings,changed the financial landscape of our country,this article is based on this research topic,research the emerging Internet financial instruments to the influence of the state-owned Banks profitability analysis,the research results will have important theoretical and practical significance.In this paper,first of all,the development of the theory and history of the Internet financial instruments are expounded,and the emerging Internet tools and has carried on the contrast,the advantages and disadvantages in the state-owned Banks on this basis,the state-owned bank earnings as tools,especially in the emerging Internetdevelopment before and after the change,mainly from three aspects analyzes the state-owned Banks profitability by the impact of the Internet financial instruments,in order to verify the Internet impact on Banks and bank financial tools to cope with the effects of,on the basis of historical data,has carried on the empirical research based on panel data,from the quantitative analysis of the Internet on the impact of the financial tools on state-owned Banks to the actual result,finally,based on the research conclusion,put forward the corresponding constructive Suggestions,in order to promote the development of the Internet financial tools,to better promote the development of Banks.In the empirical analysis,this paper first to the state-owned commercial Banks and the other 12 listed Banks as a whole,with its 10 years report data as the basis,and according to the relevant academic research,the selection of the independent variable and dependent variable,build panel econometric model,through the data test and calculation analysis,the conclusion,the conclusion shows that Internet financial instruments has a great impact on the state-owned Banks profitability is,through the analysis of the calculation results,the Internet financial for state-owned Banks profitability has strong positive influence,and second,in order to more clear studying whether state-owned commercial bank profitability by Internet and degree of the influence of financial instruments,this article has carried on the empirical analysis,again by state-owned Banks,10 years of quarterly financial statements for the sample size and testing,the results showed that the affected the same as the overall listed Banks,but this influence there is a time lag effect,overall,the development of the Internet financial tools is advantageous to the state-owned Banks to improve their profitability.