Author(s)

Yuze Chang

Corresponding Author

Yuze Chang

ABSTRACT

This paper selects data from 20 commercial banks in 2008-2019 to analyze the impact of Internet finance on the profitability of traditional commercial banks. The result shows that Internet finance has a significant negative impact on the profitability of commercial banks. And through the study, it is found that Internet finance mainly affects the profitability of non-state banks. With the Internet finance occupying the financial market, the traditional commercial banks must reexamine themselves and take positive measures to reduce the negative impact. In addition, the risk of commercial banks will also have a significant negative impact on their own development.

KEYWORDS

Internet finance, Commercial bank, Impact, Solution