The Impact of Financial Technology on Commercial Banks: A Case Study of China

The aim of the research was to investigate the impact of financial technology on the financial performance of commercial banks. in China. Based on previous literature review and empirical evidence this study collects the annual financial data on local banks in China. A total of 23 commercial banks w...

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Bibliographic Details
Main Authors: Zhou, Tian Xiang, Zaiton Osman, Saizal Pinjaman
Format: Article
Language:English
English
Published: Secholian Publication (Kuala Lumpur, Malaysia) 2023
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/37764/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/37764/2/FULL%20TEXT.pdf
Description
Summary:The aim of the research was to investigate the impact of financial technology on the financial performance of commercial banks. in China. Based on previous literature review and empirical evidence this study collects the annual financial data on local banks in China. A total of 23 commercial banks were used as sample of the study. The annual data ranges from 2011 to 2020. The data was analysed using GMM dynamic panel data model. Based on the analysis, the findings showed that financial technology has an overall positive impact on the return on asset of commercial banks.