The Influence Of Digital Finance On Commercial Banks’ Risk-Taking

China’s traditional financial model is dominated by bank credit,however,the imbalance of capital supply and the mismatch of deposit and loan hinder the realization of the strategic idea of“Promoting real economy by financial industry”.In this situation,the traditional financial industry and the Internet,Big Data Analysis,cloud computing and other information technology development achievements have been deeply integrated,resulting in a new form of businessdigital finance,for the development of the financial industry into a new vitality.As a new business model,digital finance is bound to affect the stability of commercial banks’ operation and development.On the one hand,commercial banks can use digital technology to enhance their own operating efficiency,enhance risk management capacity,promote digital product innovation,and actively promote digital transformation;Digital Finance has a certain impact on the traditional business of commercial banks,resulting in the contraction of credit business and the increase of off-balance sheet business.In this context,the issue of whether digital finance promotes or inhibits commercial banks’ risk-taking becomes particularly important.This paper takes 160 domestic commercial banks from 2011 to 2020 as research samples,and based on the balance panel data of 1600 observations,probes into the influence of digital finance on commercial banks’ risk-taking from the micro-level,further research on the internal and external carrying capacity of banks will contribute to the development of commercial banks and the improvement of the supervision mechanism of digital finance.According to the results of the study,the development of digital finance has a significant inhibitory effect on the risktaking of domestic commercial banks.From the perspective of structural effect,the coverage of digital finance,the use of depth,digital service degree of the three types of business can significantly inhibit the risk-taking of commercial banks.From the point of view of heterogeneity,digital finance is more effective for the banks with large assets and strong external financial supervision.In addition,the enhancement of banks’ profitability will strengthen the restraining effect of digital finance on Banks’ risk-taking,the increase of bank liquidity,competition and loose monetary policy will weaken the restraining effect of digital finance on bank risk-taking.Finally,by summing up the theoretical and empirical research results,in view of the risks that commercial banks may face in the process of digital transformation,this paper puts forward some measures and suggestions from the aspects of financial supervision institutions and commercial banks themselves.The Financial Supervision Department should set up a perfect digital financial supervision system,and take different supervision measures to different types of commercial banks,encourage and guide the digital transformation of commercial banks under the premise of risk control.At the same time,commercial banks also need to optimize their own business strategy,strengthen their own risk management capacity to adapt to the external financial environment changes.