Research on the Impact of Internet Finance on the Profitability of Commercial Banks

Abstract

The rapid rise of Internet finance has brought considerable challenges to the traditional financial industry and a threat to commercial banks. To promote commercial banks to correctly respond to the impact of internet finance, this article analyzes and studies the impact of internet finance on commercial bank deposits and loans, the impact of internet finance on commercial bank income, and the impact of internet finance on commercial bank income to make recommendations for the current threats of Internet finance to banks.