THE IMPACT OF FINTECH COMPANIES ON THE PERFORMANCE OF COMMERCIAL BANKS IN CHINA
Keywords:
Fintech Companies, Commercial Banks, Performance Effectiveness, Performance EfficiencyAbstract
This study firstly studies and analyzes the definition and development of fintech, then studies the development of commercial banks, then studies the impact of fintech on the performance of commercial banks, and finally puts forward some suggestions that are beneficial to the development of commercial banks based on theory and practice.
With the technical means of fintech, many Internet enterprises have realized the business expansion that traditional financial institutions cannot achieve or lack interest in more importantly, fintech is gradually changing the long-term financial habits of the majority of Chinese residents, which has impacted the performance of commercial banks in China.
With the technical means of fintech, many Internet enterprises have realized the business expansion that traditional financial institutions cannot achieve or lack interest in more importantly, fintech is gradually changing the long-term financial habits of the majority of Chinese residents, which has impacted the performance of commercial banks in China.
