In recent years,the integration of digital technology and the real economy has become deeper and deeper,and digital transformation has become an important direction for the development of commercial banks,but the influence of digital transformation of commercial banks on their credit risk remains to be explored.This paper empirically tests the influence of digital transformation on the credit risk of commercial banks by using a two-way fixed-effects model based on the digital transformation index of Chinese commercial banks from Peking University and the unbalanced panel data of 208 commercial banks in China during 2010-2021.The results show that:(1)Digital transformation can significantly reduce credit risk,which works by reducing the degree of information asym-metry and improving the operating efficiency of banks.(2)The impact of digital transformation on bank credit risk is heterogeneous,and the digital transformation of large-scale,state-owned and high personnel literacy banks has a greater effect on reducing their credit risk.
关键词
数字化转型/商业银行/信贷风险/信息不对称
Key words
Digital transformation/Commercial bank/Credit risk/Information asymmetry
维普
万方数据