Citation:Yoon,SoonSuk,HongbokLee,andIngyuOh.2023.DifferentialImpactofFintechandGDPonBankPerformance:GlobalEvidence.JournalofRiskandFinancialManagement16:304.https://doi.org/10.3390/jrfm16070304AcademicEditor:ThanasisStengosReceived:19May2023Revised:18June2023Accepted:18June2023Published:21June2023Copyright:©2023bytheauthors.LicenseeMDPI,Basel,Switzerland.ThisarticleisanopenaccessarticledistributedunderthetermsandconditionsoftheCreativeCommonsAttribution(CCBY)license(https://creativecommons.org/licenses/by/4.0/).JournalofRiskandFinancialManagementArticleDifferentialImpactofFintechandGDPonBankPerformance:GlobalEvidenceSoonSukYoon1,HongbokLee1andIngyuOh2,3,4,*1SchoolofAccounting,Finance,Economics,andDecisionSciences,CollegeofBusinessandTechnology,WesternIllinoisUniversity,1UniversityCircle,Macomb,IL61455,USA;ss-yoon@wiu.edu(S.S.Y.);h-lee@wiu.edu(H.L.)2CollegeofGlobalEngagement,KansaiGaidaiUniversity,Osaka573-1001,Japan3InternationalCentreforOrganization&InnovationStudies,Singapore518152,Singapore4AsiaPacificBusinessReview,LondonSW1P1WG,UK*Correspondence:oingyu@kansaigaidai.ac.jpAbstract:UsingtheWorldBankGlobalFindexDatabasefor91countriesin2014,2017,and2021,weexaminewhetherfintechlevelsinfluencebankperformanceandwhetherfintech’sinteractionwithGDPpercapitacausesdifferentialeffectsonbankperformanceglobally.SincefintechlevelswerealreadyveryhighforrichcountrieswhentheWorldBankstartedprovidingfintechdevelopmentstatisticsin2014,weestimateAbFintechbyregressingfintechlevelsonGDPpercapitabyyear.AbFintechisthedifferencebetweenthefintechlevelanditsfittedvalues.Then,usingmultipleregressionanalyses,weinvestigatetheimpactofAbFintechonbankperformanceworldwide,focusingonthedifferentialeffectsofAbFintechandGDPlevelsonbankperformance.WefindAbFintechsignificantlyincreasesbankperformance,primarilyinlessdevelopedcountries.Specifically,AbFintechincreasesbanks’ROAintheleastdevelopedcountriesandnetinterestmarginin75thpercentilecountries.Also,AbFintechdecreasesthecost-to-incomeratioin75th...
