Effect of using Technology on Banking Risks (Applied Study on Syrian Private Banks)

الملخص

This research aims to study the effect of using technology on banking risks in Syrian private banks during the period 2013-2019. To achieve this goal, a statistical study was conducted that included testing the stability of the data, and then finding an appropriate Panel Model to test the research hypotheses; A set of result has been reached, the most important of which is the difference in the banking risk management methodology among private banks during the study period, and in the event of a default in one of the private banks, This leads to the transmission of the impact of this default to the rest of the banks. The result of the Panel Var Model test application showed that the technology used in banks has a significant effect on banking risks in the long terms, which showed that the advance of technology by 10% will lead to a decline in risks by 0. 6%, Also, the residuals of the estimated model aren’t subject to a normal distribution, meaning that there is a discrepancy in the data of the variables of private banks during the study period; Finally, The researcher recommended urging the continuous use of technology in relation to banking services and considered it a basic principle within banks, especially in Arab countries, and the necessity of having an integrated methodology for managing banking risks in line with technological development and ensuring the control of risks, and working to strengthen the financial and banking systems to avoid the spread of infection between banks and the possibility of creating new risks.