In the context of the integration of digital technology and traditional finance,it is of great significance to explore how traditional commercial banks can stabilize credit supply and promote high-quality financial devel-opment through the advancement of digital finance.This paper,based on data from 200 commercial banks from 2011 to 2021,empirically examines the impact of digital finance development on the credit supply of commercial banks.The research finds that,first,overall,the spillover effect of digital finance on commercial banks is greater than the crowding-out effect,thereby significantly enhancing the credit supply of commercial banks;second,the results of the mechanism examination indicate that digital finance increases bank credit supply through technical and economic spillover effects while reducing it by capturing long-tail customers and intensifying market com-petition;third,the heterogeneity research results show that,compared to local and and mid-western banks,the promotion of digital finance on credit supply is more pronounced in national and eastern region banks.
关键词
数字金融/信贷供给/金融高质量发展/溢出效应/挤出效应
Key words
Digital finance/Credit supply/High-quality financial development/Spillover effect/Crowding-out effect
维普
万方数据