Research on the Impact of Internet Finance on the Profitability of Commercial Banks

• 1、Nanjing Tech University,Faculty of Economics and Management,Nanjing210000

Abstract：The rapid development of Internet technology has led to changes in traditional payment methods, mobile payment, digital RMB and other emerging financial payment methods have become a trend, and China is rapidly entering a cashless society. As a result, the intermediate business and liability business, which are the profitable business of commercial banks, have been affected. However, due to the disorderly expansion of Internet finance, relevant departments have also issued regulatory policies to regulate the market. Although Internet credit has entered a period of slow development from prosperity to readjustment, at present, there are considerable Internet technology companies, which still occupy most of the online credit market. This paper collects panel data from state-owned banks and joint-stock banks, and makes reasonable assumptions and inferences after analysis. Then, empirical analysis is carried out, the data impact is determined through model construction, and relevant recommendations are given.

Keywords： Finance Internet Finance Commercial Bank