Inclusive FinTech,open banking,and bankperformance:evidence from China  

作　　者：Zhuang Liu Xingyi Li Zhongfei Li 

机构地区：[1]School of Digital Economicsand Management,WuxiUniversity,Wuxi 214105,China [2]College of Economics,Shenzhen University,Shenzhen 518060,China [3]Business School,Southern Universityof Science and Technology,Shenzhen 518055,China

出　　处：《Financial Innovation》2024年第1期94-117,共24页金融创新(英文)

基　　金：supported by the Key Program of the National Natural Science Foundation of China(No.72432005);the Major Program of the National Natural Science Foundation of China(No.71991474);the Key Program of ShenzhenSoft Science(RKX20220808093601004);the 2035 Plan of Social Science Foundation of Shenzhen University(No.ZYZD2302);the National Natural Science Foundation of China(No.72371079);the Young Teachers Research Start-up Fund of Shenzhen University(RC20240283).

摘　　要：Open banking is an emerging business model that is representative of FinTech.To explore whether inclusive FinTech can improve bank performance and identify the underlying mechanisms by which this occurs,we investigate a sample of Chinese commercial banks involved in open banking during 2011-2020.The results show that inclusive FinTech can improve bank performance by improving the bank’s lending rate and liability structure,and that this positive effect is more pronounced in national and rural banks.The results indicate that inclusive FinTech has the greatest impact among banks serving the largest population and those who are excluded from the traditional financial system,and that financial inclusion does not detract from bank performance.However,the results do not provide evidence that inclusive FinTech improves bank performance by reducing risk-taking,suggesting a greater need for inclusive FinTech to focus on risk management.This study adds empirical evidence regarding the role of inclusive FinTech in banks.To promote inclusive FinTech and bank performance,developing economies like China should strengthen digital financial innovations,focus on risk management,and promote cooperation under the open finance framework.

关 键 词：Open banking Inclusive fnance FinTech Bank performance 

分 类 号：O57[理学—粒子物理与原子核物理]