Vai al contenuto principale della pagina

The Determinants of Commercial Bank Profitability in Sub-Saharan Africa / / Valentina Flamini, Liliana Schumacher, Calvin McDonald



(Visualizza in formato marc)    (Visualizza in BIBFRAME)

Autore: Flamini Valentina Visualizza persona
Titolo: The Determinants of Commercial Bank Profitability in Sub-Saharan Africa / / Valentina Flamini, Liliana Schumacher, Calvin McDonald Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica: 1 online resource (32 p.)
Soggetto topico: Bank profits - Africa, Sub-Saharan
Banks and banking - Africa, Sub-Saharan
Banks and Banking
Finance: General
Investments: Stocks
Macroeconomics
Inflation
Financial Markets and the Macroeconomy
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
General Financial Markets: Government Policy and Regulation
Financing Policy
Financial Risk and Risk Management
Capital and Ownership Structure
Value of Firms
Goodwill
Pension Funds
Non-bank Financial Institutions
Financial Instruments
Institutional Investors
Personal Income, Wealth, and Their Distributions
Price Level
Deflation
Banking
Finance
Financial services law & regulation
Investment & securities
Bank soundness
Credit risk
Stocks
Personal income
Financial sector policy and analysis
Financial regulation and supervision
Financial institutions
National accounts
Prices
Banks and banking
Financial risk management
Income
Soggetto geografico: United States
Altri autori: SchumacherLiliana  
McDonaldCalvin  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; I. Introduction; II. Literature Review; III. Data and Methodology; IV. Empirical Results; V. Concluding Remarks and Some Implications for Policymakers; Figures; Figure 1. Time Series of Sub-Saharan African Countries' Return on Assets; Figure 2. Average Return on Assets by Income Group (2006); Figure 3. Sub-Saharan Africa Return on Assets by Country (2006); Figure 4. Distribution of Sub-Saharan Africa Return on Assets (2006); Figure 5. Time Series of Sub-Saharan Africa's Return on Assets by Income Group; Figure 6. Time Series of Sub-Saharan Africa's Net Interest Margins
Figure 7. Average Net Interest Margins by Income Group (2006)Tables; Table 1. Account Decomposition of Banks by Income Group; Table 2. Account Decomposition of Sub-Saharan African Banks; Table 3. Variable Definition and Notation; Table 4. Descriptive Statistics; Table 5. Estimation Results; Table 6. Sargan Test for Alternative Model with All Variables Strictly Exogenous; Control Variables Table 7. Granger-Causality Test Between Return on Asset and Capital Without; Control Variables Table 8. Granger-Causality Test Between Return on Asset and Capital with
Table 9. Estimation Results Using Random EffectsReferences
Sommario/riassunto: Bank profits are high in Sub-Saharan Africa (SSA) compared to other regions. This paper uses a sample of 389 banks in 41 SSA countries to study the determinants of bank profitability. We find that apart from credit risk, higher returns on assets are associated with larger bank size, activity diversification, and private ownership. Bank returns are affected by macroeconomic variables, suggesting that macroeconomic policies that promote low inflation and stable output growth does boost credit expansion. The results also indicate moderate persistence in profitability. Causation in the Granger sense from returns on assets to capital occurs with a considerable lag, implying that high returns are not immediately retained in the form of equity increases. Thus, the paper gives some support to a policy of imposing higher capital requirements in the region in order to strengthen financial stability.
Titolo autorizzato: The Determinants of Commercial Bank Profitability in Sub-Saharan Africa  Visualizza cluster
ISBN: 1-4623-3156-4
1-4527-4806-3
1-282-84237-4
1-4518-7162-7
9786612842375
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788349203321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2009/015