| The integration between finance and technology has promoted the emergence of a large number of Fintech enterprises,and many emerging technologies have also been integrated into the financial field to form a new Fintech ecology.City commercial banks are under increasing pressure in the new transformation and upgrading period.However,its own disadvantages require it to change its original thinking and understand the role of Fintech in its own development.This article from the financial impact on commercial bank profitability of science and technology has carried on the qualitative quantitative analysis,the past research lacks specifically for specific research,city commercial bank in this particular study in-depth,there are most of the research is aimed at directly influence are studied,few studies have analyzed from various dimensions,There is also a lack of integrating risk into the overall consideration of performance.In view of these situations,this paper measures the operational performance of Fintech and city commercial banks respectively,from micro and macro aspects,especially linking the measurement of operational performance with risk,to ensure the comprehensive measurement of performance.In the empirical part,from the perspective of the descriptive analysis,correlation analysis is used to estimate benchmark,estimation of endogeneity,model test,the divisions of time dimension,respectively from the perspectives of profit ability,the ability of credit risk analysis of heterogeneity,and then with net interest margin as intermediary variable of all samples in time dimension and mechanism for inspection,then further nonlinear analysis,validate the threshold effect.Finally,the threshold effect regression is used to verify the model.From the full sample,it is found that there are three thresholds for Fintech to affect the performance of commercial banks.This paper argues that the development of Fintech has reduced the operating performance of city commercial banks to a certain extent.However,further analysis also shows that Fintech is generally conducive to the development level of the operation performance of commercial banks,which is still in the running-in period.As long as it is supported to enable the operation of commercial banks,Fintech to a certain extent can improve the operation level of commercial banks.The impact of Fintech development on the performance of urban commercial banks also has heterogeneity under different scales,with threshold effect.Fintech can affect the operating performance of city commercial banks through net interest margin.This study provides some solutions to solve the problems faced by city commercial banks in the process of Fintech development,and has certain reference significance. |
