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The effect of Financial Technology in the Field of Electronic Payments on the Liquidity of Selected Iranian Banks
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Pardis Hassanvand   , Mahbube Delfan * , Amin Beiranvand |
| Department of Economics, Faculty of Management and Economics, Lorestan University, Lorestan , delfan.m@lu.ac.ir |
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Abstract: (2 Views) |
| The advancement of financial technologies over the past few decades has brought about various changes in the global financial industry. Given the increasing expansion of financial technology, the present study attempts to examine its impact on one of the most important challenges of the banking system, namely bank liquidity. In order to achieve the goals of the research in the first step, considering that there is no single index for financial technology, based on the field of financial technology payment, a composite index of financial technology has been made using the principal components analysis method. In the second step, using the panel data method, the relationship between the above-mentioned composite index and other independent variables has been analyzed on the liquidity ratio in 17 Iranian banks in the period of 2017-2023.The research findings indicate that financial technology has a significant negative effect on the liquidity ratio in the studied banks. Among the macroeconomic factors, interest rate and inflation rate, and among the specific banking factors, capital adequacy ratio and asset quality ratio also have a significant inverse effect on the liquidity of the selected banks. |
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| Keywords: bank liquidity, financial technology, principal component analysis, panel data |
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Full-Text [PDF 929 kb]
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Type of Study: Research |
Subject:
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