The measurement of influence of innovations’ implementation on the commercial banks performance

Abstract

The article offers classification of banking innovations dividing them into three types: innovative products, service innovation and organizational innovation. Using the instruments of panel regression modeling we assess the overall impact of banking innovations and innovations of various types on the return on assets, asset growth, the growth of loans and customer debt, the growth in customers’ resources and the growth in interest income of 9 commercial banks of Ukraine. We have also estimated the influence of banking innovations on the results of banks’ activities taking into account a time lag from one to five years.