银行竞争、银行数字普惠金融与企业融资约束

Based on the relevant data of 31 provinces in China, constructing the Digital Inclusive Finance Index of Banks (BDFI) by using the method of Coefficient of Variation, and then taking the listed firms in Small and Medium Enterprise Board from 2011-2017 as the sample to explore the actual effects of the development of Digital Inclusive Finance of Banks on SMEs\' financial constraints. The results show that the development of Digital Inclusive Finance of Banks can mitigate SMEs\' financial constraints, and this mitigation effect is more obvious when bank competition is high. Further research shows that the mitigation effect of the development of Digital Inclusive Finance of Banks on SOE is more obvious than that on private firms, which indicates the problem of selection bias in the development of Digital Financial Inclusion in banks. However, this problem will be alleviated when the competitions among banks increase.