Digital Finance, Digital Transformation, and the Development of Off-Balance Sheet Activities by Commercial Banks
Yibing Wang,
Huwei Wen
Abstract:The development of digital finance represents a new paradigm for the delivery of financial services that has exerted an external shock on the off-balance sheet (OBS) activities of traditional commercial banks. In response, commercial banks have embarked on a digital transformation to mitigate the challenges posed by digital finance. However, the impact of external shocks and internal responses on banks’ OBS activities, especially the effect of internal responses, needs to be further clarified in order to infor… Show more
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