An Overview of the Impact of Digital Transformation on the Risk-taking of Commercial Banks

Abstract

The digital transformation of commercial banks has been a general trend, and the new services brought by this new technology are becoming increasingly popular among customers and banks. For enabling customers to enjoy better service and banks to operate more efficiently and stably, the impact of digital transformation on the risk-taking of commercial banks has therefore attracted attention. By combing domestic and foreign research literature from 2016 to 2023, this paper respectively explores the significance, type and development status of the digital transformation of commercial banks, commercial banks' risk-taking and corresponding influencing factors, as well as impacts of digital transformation on the risk-taking. Conclusively, although there is no precise and unified conclusion on the impact of digital transformation on commercial banks' risk-taking, it does have the effect of reducing risk-taking under certain conditions. Hence, commercial banks need to analyze specific problems and use good strategies to overcome difficulties, and finally reach the outcome of reducing risk-taking through digital transformation.