互联网金融发展对银行流动性的影响

The Impacts of Internet Finance Development on Bank Liquidity

本文利用2006~2015年的季度数据研究互联网金融发展对银行流动性的影响,实证结果表明：互联网金融在发展初期提高了银行吸储能力,增加了银行流动性,但从长期来看,互联网金融将在业务领域与银行展开正面竞争,导致银行融资成本上升,增加了银行流动性风险。互联网金融是一把双刃剑,要想使银行和互联网金融之间出现非零和博弈,需要相关部门加强监管,维护金融市场稳定。

The author of this paper uses the quarterly data during 2006-2015 to research the impacts of Internet finance development on bank liquidity. The results of empirical analysis show the Internet finance in early development stage improves the ability of banks to gain deposits and increase the bank liquidity, but it in the long run will be a direct competition to banks for business, which results in increase in financing costs and liquidity risks of banks. The Internet finance is a double-edged sword. In order to make the game between banks and Internet finance a non-zero-sum one, the relevant authorities should strengthen regulation and maintain financial market stability.