金融科技对商业银行系统性风险的影响研究  

Research on the Impact of Financial Technology on the Systemic Risk of Commercial Banks

作　　者：魏琳薪 宋良荣[1] Linxin Wei;Liangrong Song(Business School,University of Shanghai for Science and Technology,Shanghai)

机构地区：[1]上海理工大学管理学院,上海

出　　处：《运筹与模糊学》2025年第1期445-455,共11页Operations Research and Fuzziology

摘　　要：近年来,金融科技的快速发展深刻影响了传统商业银行的业务模式与风险管理体系,同时也引发了系统性风险的复杂化与动态化。在此背景下,本文以2012~2022年中国10家上市商业银行的面板数据为研究样本,引入存贷比等变量,实证分析金融科技对商业银行系统性风险的影响及其调节机制。研究发现:金融科技的发展与应用显著提高了商业银行的系统性风险;存贷比在金融科技与系统性风险之间发挥显著的调节作用,宏观经济环境(如货币供应量增加)亦对系统性风险的传递具有抑制作用。此外,异质性分析显示,金融科技对系统性风险的影响因银行规模、收入多元化水平及股权性质的不同而存在显著差异。基于此,本文提出了强化金融科技风险监管,构建动态监管框架;差异化存贷比管理,加强流动性和资本结构的监控;优化收入结构,促进商业银行多元化发展;完善监测和预警机制,打造风险动态管理体系等政策建议,以推动金融科技健康发展和商业银行系统性风险的有效防控。Recent advancements in financial technology(FinTech)have significantly reshaped the business models and risk management systems of traditional commercial banks,while intensifying the complexity and dynamism of systemic risks.This study utilizes panel data from 10 listed commercial banks in China(2012~2022)to examine FinTech’s impact on systemic risks and its moderating mechanisms.The findings indicate that FinTech development significantly amplifies systemic risks,with the loan-to-deposit ratio serving as a key moderating factor.Macroeconomic conditions(e.g.,increased money supply)also help suppress systemic risk transmission.Moreover,heterogeneity analysis reveals notable variations in FinTech’s impact on systemic risk across bank size,income diversification,and ownership structure.Policy recommendations include strengthening financial technology risk supervision to build dynamic regulatory frameworks;differentiated loan-to-deposit management,strengthening liquidity and capital structure monitoring;optimizing income structure to promote the diversified development of commercial banks;and enhancing risk monitoring systems to build a dynamic risk management system;to ensure sustainable FinTech development and effective systemic risk mitigation in the banking sector.

关 键 词：金融科技 商业银行 系统性风险 

分 类 号：F832.2[经济管理—金融学]