Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2019.1696693
Changes in determinants of the interest margin in today’s economy
Elisabeth Bustos-Contell
Salvador Climent-Serrano
Gregorio Labatut- Serer
Sažetak
This study examined the interest margin following the significant
drop in its contribution to credit institutions’ total income.
Balance sheet variables, income statement and annual report variables,
and external variables were studied separately. Variables
that had not previously been studied in the literature were considered,
and determinants that had already been studied were
revisited after the reduction in the interest margin. The diversification
of investment in associated companies and investment in
fixed and variable income are causes of this decrease in the interest
margin. Higher fees and commissions offset this decrease.
Greater size and market power have reduced the interest margin.
Regulations stipulated in the Basel III Accord regarding liquidity
may adversely affect the solvency ratio. Results were obtained
using econometric analysis of panel data. The analysis consisted
of four separate regressions: one for balance sheet variables, one
for income statement and annual report variables, one for external
factors and one for annual effects.
Ključne riječi
diversification; fees and commissions; liquidity; market power
Hrčak ID:
254703
URI
Datum izdavanja:
9.2.2021.
Posjeta: 406 *