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Fintech is an opportunity, not a threat – Hong Kong’s banks

PRELIMINARY SUGGESTIONS OF FINTECH’S POSITIVE EFFECTS ON BANKS’ PERFORMANCE

A preliminary attempt is made to gauge whether incumbent banks have benefitted from adopting Fintech by examining the relationship between Fintech adoption and changes in banks’ costto-income ratio and return on assets (ROA).


Initial results show that changes in banks’ cost-to-income ratio and ROA are statistically correlated with their Fintech adoption status. A bank with a higher level of Fintech adoption is associated with a larger cumulative decline in its cost-to-income ratio as well as a larger cumulative rise in its ROA, other things being equal.


These preliminary results suggest that the adoption of Fintech has so far produced some positive effects on banks’ performance.
Fintech is an opportunity, not a threat – Hong Kong’s banks: https://lnkd.in/ehFpVDK


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