The Impact of Financial Technology on Achieving Financial Stability
DOI:
https://doi.org/10.31150/ajebm.v7i7.2824Keywords:
financial technology, financial stability, commercial banksAbstract
The primary goal of the current study is to know the role of financial technology on financial stability in Iraqi commercial banks for the period (2015-2022). In order to accomplish the purpose of the study and arrive at results that are suitable to the field of study, the descriptive-analytical technique was utilized in the process of assessing the relationship between the variables. Research and use of statistical methods such as the multiple regression model using the least squares method and reliance was placed on the statistical program (Eviews-12) in time series analysis. The study concluded that there is a relationship between financial technology indicators and economic stability through its following dimensions (capital adequacy Money, asset quality, profitability, liquidity), and there is also an effect between the research variables mentioned. Therefore, these results can be used in the interest of banking in Iraq through the recommendations reached by the research.
Downloads
References
Sere-Ejembi, I. S. Udom, A. Salihu, N. V. Atoi, and B. N. Yaaba, "Developing Banking System Stability Index for Nigeria," CBN Journal of Applied Statistics (JAS), vol. 5, no. 1, pp. 4, 2014.
D. Fain and M. L. Roberts, "Technology vs. Consumer Behaviour: The Battle for the Financial Services Customer," Journal of Direct Marketing, vol. 11, no. 1, pp. 44-54, 1997.
E. Abad-Segura, M. D. González-Zamar, E. López-Meneses, and E. Vázquez-Cano, "Financial Technology: A Review of Trends, Approaches and Management," Mathematics, vol. 8, no. 6, p. 951, 2020.
R. R. Suryono, I. Budi, and B. Purwandari, "Challenges and Trends of Financial Technology (Fintech): A Systematic Literature Review," Information, vol. 11, no. 12, p. 590, 2020.
D. Broby, "Financial Technology and the Future of Banking," Financial Innovation, vol. 7, no. 1, p. 47, 2021.
Y. Ye, S. Chen, and C. Li, "Financial Technology as a Driver of Poverty Alleviation in China: Evidence from an Innovative Regression Approach," Journal of Innovation & Knowledge, vol. 7, no. 1, p. 100164, 2022.
M. N. Farida, Y. Soesatyo, and T. S. Aji, "Influence of Financial Literacy and Use of Financial Technology on Financial Satisfaction Through Financial Behavior," International Journal of Education and Literacy Studies, vol. 9, no. 1, pp. 86-95, 2021.
M. Palace and N. Muammar, "The Impact of Financial Technology on Financial Performance Indicators of Banks: A Case Study of the Algerian Banking Sector," Master's degree, Institute of Economic and Commercial Sciences, 2023.
A. K. Yas and A. S. Jamil, "Manifestations of the Use of Electronic Banking in Iraq: A Case Study on a Group of Commercial Banks in Baghdad," Iraqi Journal of Economic Sciences, vol. 12, no. 41, 2014.
T. Adrian, D. Covitz, and N. Liang, "Financial Stability Monitoring," Annual Review of Financial Economics, vol. 7, pp. 357-395, 2015.
P. Morgan and V. Pontines, "Financial Stability and Financial Inclusion," 2014.
J. Creel, P. Hubert, and F. Labondance, "Financial Stability and Economic Performance," Economic Modelling, vol. 48, pp. 25-40, 2015.
B. Gadanecz and K. Jayaram, "Measures of Financial Stability-A Review," Irving Fisher Committee Bulletin, vol. 31, no. 1, pp. 365-383, 2008.
B. Nicolae and M.-D. R. Constantin, "Study Regarding the Financial Stability of Commercial Banks Listed on Bucharest Stock Exchange of CAMELS Rating Outlook," Journal of International Studies, vol. 7, no. 3, 2014.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Kareem Hasan Ali
This work is licensed under a Creative Commons Attribution 4.0 International License.