Abstract: Stabilizing employment is a core issue in current economic and social development, and bank fintech, is a key initiative for advancing digital financial services to the real economy. Identifying the employment creation effect of bank finteck in empowering the real economy carries significant practicae implications for promoting high quality economic development. Using the data from Chinese commercial banks and A-share listed companies between 2010 and 2023, this study investigates the impact of bank fintech on corporate employment. The findings show that bank fintech has significantly promoted the expansion of corporate employment. Bank fintech fosters corporate employment growth primarily through three channels: expanded credit scale, optimized credit structure, and reduced credit costs. Moreover, the positive effect of bank fintech on corporate employment is more pronounced among the enterprises located in regions with lower industrial robot installation density and in the manufacturing industry. Further analysis reveals that the development of bank fintech has reshaped the corporate employment structure by reducing the demand for financial personnel while increasing the demand for production employees. Therefore, greater emphasis should be placed on advancing bank fintech to optimize the credit allocation, facilitate the expansion and structural upgrading of employment, so as to ultimately promote high-quality economic development.

Key words: bank fintech, corporate employment, credit allocation