商业银行数字化转型提升了中小企业信贷可得性吗

Does the Digital Transformation of Commercial Banks Improves the Availability of Credit to SMEs

采用2010—2021年中国上市中小企业数据为研究样本,重点探讨商业银行数字化转型对中小企业信贷可得性的影响以及以金融监管和金融竞争为代表的银行业治理在商业银行数字化转型影响中小企业信贷可得性过程中的作用效果。研究结果表明,商业银行数字化转型能够显著提升中小企业信贷可得性,增强金融服务中小企业的普惠性;以金融监管和金融竞争为代表的银行业治理与中小企业信贷可得性之间呈现非线性的倒“U”型关系,即存在最优的金融监管强度和金融竞争程度,使中小企业信贷可得性最优化;在银行业治理影响中小企业信贷可得性的过程中,商业银行数字化转型会对推动实现中小企业信贷可得性最优化的最优金融监管强度和金融竞争程度产生影响,即商业银行数字化转型水平越高,推动实现中小企业信贷可得性最优化的最优金融监管强度和金融竞争程度就越高。上述研究结论对于深入实施金融监管和正确引导金融竞争,进而更好地推动商业银行数字化转型提升中小企业信贷可得性具有重要的政策含义。

Taking the data of SMEs in Chinese market from 2010 to 2021 as the research sample,this paper focuses on the impact of commercial banks' digital transformation on the credit availability of SMEs and the role of banking governance represented by financial regulation and financial competition in the process of commer cial banks' digital transformation on the credit availability of SMEs.The findings show that the digital transformation of commercial banks can significantly improve the credit availability of SMEs and enhance the inclusive financial services for SMEs.The relationship between the banking governance represented by financial regulation and financial competition and the credit availability of SMEs presents a nonlinear inverted“U”shape,that is,there is an optimal intensity of financial regulation and degree of financial competition,which optimizes the credit availability of SMEs.In the process of banking governance affecting the credit availability of SMEs,the digital transformation of commercial banks will affect the optimal intensity of financial regulation and degree of financial competition to optimize the credit availability of SMEs,that is,the higher the level of digital transformation of commercial banks,the higher the optimal financial regulatory intensity and the degree of financial competition that can optimize the credit availability of SMEs.The above-mentioned conclusions have important policy implications for in-depth implementation of financial regulation and correct guidance of financial competition,so as to better promote the digital transformation of commercial banks and improve the availability of credit for SMEs.