A banki digitalizáció hatása a pénzügyi stabilitásra Közép-Ázsiában
DOI:
https://doi.org/10.35551/PFQ_2025_1_5Kulcsszavak:
bank, competitiveness, digitalization, financial stabilityAbsztrakt
Ez a tanulmány a banki verseny hatását vizsgálja a közép-ázsiai bankszektor pénzügyi stabilitására, különös tekintettel a banki digitalizáció mérséklő szerepére. A kutatás egy kritikus kérdéssel foglalkozik – hogy a digitalizáció erősíti-e vagy gyengíti-e a verseny stabilizáló hatásait – egy olyan régióban, amelyet a korai stádiumú digitális átvétel és a koncentrált piacok jellemeznek. Tekintettel arra, hogy a banki szolgáltatások egyre nagyobb mértékben támaszkodnak a technológiára, a kockázatdinamika alakításában betöltött szerepének megértése tudományosan releváns és gyakorlatilag is fontos a döntéshozók és a pénzügyi intézmények számára. A tanulmány dinamikus paneles adatelemzést alkalmaz a kétlépcsős GMM-becslő segítségével. A bankok stabilitását a z-score, a versenyt a Panzar-Rosse-modell, a digitalizációt pedig egy összetett index segítségével mérik. Az eredmények azt mutatják, hogy a banki verseny javítja a stabilitást, míg a digitalizáció önmagában kezdetben növeli a kockázatot a működési sérülékenységek miatt. A verseny és a digitalizáció közötti kölcsönhatás azonban pozitív és stabilizáló hatású, javítja a kockázatkezelést és a hatékonyságot. Ezek az eredmények rávilágítanak a digitalizáció átalakító szerepére, hangsúlyozva a kiegyensúlyozott versenypolitikák és a digitális átvétel támogatásának szükségességét a feltörekvő piacok pénzügyi stabilitásának biztosítása érdekében.
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