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The Impact of Internet Finance on Corporate Banking Financial Viability: Evidence from Publicly Traded Banks in China

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DOI: 10.23977/ferm.2024.070121 | Downloads: 12 | Views: 191


Kexin Zhu 1


1 School of Accounting, Dongbei University of Economics and Finance, Dalian, Liaoning, 116012, China

Corresponding Author

Kexin Zhu


Internet finance represents a distinctive form of financial facilitation, divergent from traditional commercial banking and capital markets. It transcends temporal and spatial constraints on financial activities, allowing customers to access financial resources and services through online channels. This characteristic positions Internet finance in direct competition with commercial banks. Against the backdrop of the outbreak of the New Crown epidemic, governments worldwide have implemented diverse measures to curb the spread of the virus, leading to reduced travel activities. Given the unique advantage of Internet finance in being unrestricted by time and space, it raises the question of whether it will further encroach upon the traditional domains of publicly traded financial institutions. This study investigates the influence of online finance on the financial performance of banking institutions, employing a panel regression model with quarterly data from 29 listed commercial banks in China covering the period from 2013 to 2021. The findings suggest that the evolution of Internet finance will indeed impact the profit structure and profitability of these listed commercial banks to a certain extent.


Internet finance; commercial banks; profitability; profit structure


Kexin Zhu, The Impact of Internet Finance on Corporate Banking Financial Viability: Evidence from Publicly Traded Banks in China. Financial Engineering and Risk Management (2024) Vol. 7: 140-147. DOI:


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