Research On The Impact Of Fintech On The Efficiency Of Commercial Banks In China

Under the background of economic downturn and rapid development of financial technology,China's commercial banks are facing increasing pressure on survival,the non-performing loan ratio remains high,the profit model has been hit hard,business income has been narrowing,and market competition has become increasingly fierce.The rise of Internet platforms such as P2 P online lending platform and third-party payment has undoubtedly competed fiercely with commercial banks.The financial intermediation role of commercial banks has been weakened,the status of payment and liquidation has been shaken,and core business has been shocked.These new situations have emerged.And the new situation has made commercial banks begin to realize that it is urgent to improve their core competitiveness and improve bank efficiency.In order to clarify the impact of financial technology on the efficiency of commercial banks in China,this paper combines the theoretical basis of the impact of financial technology on the efficiency of commercial banks,clarifies the classification of commercial banks' efficiency and analyzes the impact of the development of financial technology on the efficiency of commercial banks in China.And also the author selects 13 listed commercial banks in China as the research object,and uses the DEA model to measure the efficiency values of these 13 commercial banks in 2013-2017.Afterwards,the author empirically studies the impact of various possible factors of financial technology on the efficiency of commercial banks using the Tobit regression model.The author finds that the proportion of personnel with master's degree or above,the growth rate of third-party Internet payment and capital adequacy ratio are significantly positively correlated with the efficiency of commercial banks,while the growth rate of non-performing loans and mobile banking customers is negatively correlated with the efficiency of commercial banks.The length of the bank's time to market and the size of the bank and the growth rate of M2 have no significant correlation with the efficiency of commercial banks.Finally,the paper analyzes the reasons for the influence of various variables on the efficiency of commercial banks,and puts forward some targeted measures to improve the efficiency of China's commercial banks based on the theoretical discussion and the results and reasons of empirical research.