El futuro de la rentabilidad bancaria, ¿tecnología o una nueva demanda?

  1. Santiago CARBÓ VALVERDE 2
  2. Francisco RODRÍGUEZ FERNÁNDEZ 1
  1. 1 Universidad de Granada
    info

    Universidad de Granada

    Granada, España

    ROR https://ror.org/04njjy449

  2. 2 CUNEF
Revista:
Papeles de economía española

ISSN: 0210-9107

Any de publicació: 2018

Títol de l'exemplar: El negocio bancario tras las expansiones cuantitativas

Número: 155

Pàgines: 62-73

Tipus: Article

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Altres publicacions en: Papeles de economía española

Resum

This article examines the business transformation and the determinants of profitability in the Eurozone banking sector during 2008-2016. The data available suggest there is a (unequal) trend towards a more digital service model, with less branches, and where revenues rely more on both efficiency and a new customer relationship model. The article also offers some empirical evidence for Spain that suggests that even if market pressure (excess supply compared to demand and regulation) are still explaining branch reduction to a large extent, the change in the technological preferences of the demand (leaning to digital services) is also becoming progressively important. We estimate also that both regulation and the monetary environment had a negative and significant impact on bank profitability while online banking had a positive one. It is suggested that Spanish banks face and opportunity to develop a «digital relationship banking».

Referències bibliogràfiques

  • BOOT, A. (2016), Understanding the Future of Banking Scale & scope economies, and fintech, mimeo, University of Amsterdam, mimeo.
  • DERMINE, J. (2016), «Digital banking and market disruption: a sense of déjà vu?», Financial Stability Review, April, Banque de France: 17-24.
  • LI, Y. (2017), The Rise of Intangible Capital a n d F i n a n c i a l F r a g i l i t y, C o l u m b i a University, mimeo.
  • LIBERTI, J. M., y M. A. PETERSEN (2017), Information: Hard and Soft, Northwestern University, mimeo.
  • PETERSEN, M. A., y R. G. RAJAN (2002), «Does Distance Still Matter? The Information Revolution in Small Business Lending», The Journal of Finance, 57: 2533-2570.
Fuente de los datos: Dialnet