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dc.contributor.authorGanić, Mehmed
dc.date.accessioned2018-10-18T09:11:10Z
dc.date.available2018-10-18T09:11:10Z
dc.date.issued2018
dc.identifier.issn1508-2008
dc.identifier.urihttp://hdl.handle.net/11089/25981
dc.description.abstractThis paper provides an empirical analysis of factors affecting Bank Interest Margins in eight countries of the South‑East European (SEE) region between 2000 and 2014. The purpose of this paper is to examine and investigate the main drivers of Bank Interest Rate Margins across selected countries throughout the SEE region. Also, the study explored the relationship between the dependent variable Interest Rate Spread (IRS – as a proxy variable for measuring variation in Bank Interest Rate Margins) and a set of selected banks’ specific variables in SEE by employing panel data estimation methodology. This research is based on aggregate data for the whole banking sector of each country. In line with some expectations, our findings confirm the importance of credit risk, bank concentration operative efficiency, and inflation expectations in determining Bank Interest Rate Margins. Interestingly, in contrast to the majority of recent empirical research, the study found an inverse relationship between the bank concentration variable and Bank Interest Rate Margins as well as between the operational efficiency variable and Bank Interest Rate Margins. Also, the study could not find statistically significant evidence that Bank Interest Rate Margins are determined by output growth, bank profitability (measured by ROA) or liquidity risk.en_GB
dc.description.abstractNiniejszy artykuł przedstawia analizę empiryczną czynników wpływających na wysokość bankowej marży odsetkowej w ośmiu krajach Europy Południowo‑Wschodniej (SEE) w latach 2000–2014. Celem artykułu jest zbadanie głównych przyczyn zmian marży odsetkowej w wybranych krajach wymienionego regionu. Ponadto, w opracowaniu zbadano relację pomiędzy zmienną zależną – rozpiętością stóp procentowych (IRS – jako zmienna zastępcza analizy zmian rozpiętości marży odsetkowej) oraz zbiorem wybranych szczegółowych zmiennych w krajach Europy Południowo‑Wschodniej z zastosowaniem metody przewidywania danych panelowych. Badanie to jest wykonane na podstawie zbiorczych danych dla całego sektora bankowego w wymienionych krajach. Zgodnie z założeniami, rezultat badań wskazał znaczenie ryzyka kredytowego, koncentracji banków, efektywności operatywnej i prognoz inflacji w wyznaczaniu wysokości marży odsetkowej. Co istotne, w przeciwieństwie do większości dotychczasowych badań empirycznych, stwierdzono odwrotną zależność pomiędzy zmienną koncentracji banków i wysokością marży odsetkowej, podobnie jak w przypadku efektywności operatywnej. Ponadto, w opisanym badaniu nie znaleziono statystycznie wystarczalnych dowodów iż marża odsetkowa jest determinowana przez wzrost gospodarczy, rentowność banku (mierzoną przez ROA) oraz ryzyko płynności.pl_PL
dc.language.isoenen_GB
dc.publisherWydawnictwo Uniwersytetu Łódzkiegoen_GB
dc.relation.ispartofseriesComparative Economic Research. Central and Eastern Europe;2
dc.subjectbank‑specific determinantsen_GB
dc.subjectmacroeconomic determinantsen_GB
dc.subjectInterest rate spreaden_GB
dc.subjectSEE regionen_GB
dc.subjectdeterminanty bankowepl_PL
dc.subjectdeterminanty makroekonomicznepl_PL
dc.subjectrozpiętość marży odsetkowejpl_PL
dc.subjectregion Europy Południowo‑Wschodniej (SEE)pl_PL
dc.titleAn Empirical Analysis of Factors Affecting Bank Interest Margins: Evidence from the South East European Countriesen_GB
dc.title.alternativeAnaliza empiryczna czynników wpływających na wysokość bankowej marży odestkowej: dane z krajów Europy Południowo‑Wschodniejpl_PL
dc.typeArticleen_GB
dc.rights.holder© Copyright by Authors, Łódź 2018; © Copyright for this edition by Uniwersytet Łódzki, Łódź 2018en_GB
dc.page.number[81]-98
dc.contributor.authorAffiliationInternational University of Sarajevo, Department of Management and Economics, Sarajevo, Bosnia and Herzegovina
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dc.contributor.authorEmailmganic@ius.edu.ba
dc.identifier.doi10.2478/cer-2018-0013
dc.relation.volume21en_GB
dc.subject.jelG21
dc.subject.jelE43


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