What Drives Banking Profitability During Financial Crisis and Political Turmoil? Evidence from the MENA Region

Q2 Economics, Econometrics and Finance

Global Journal of Emerging Market Economies Pub Date : 2021-09-01 DOI:10.1177/09749101211031102

Salma Zaiane, F. B. Moussa

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引用次数: 6

Abstract

The purpose of the study is to identify bank specific, macroeconomic, and stability determinants of both conventional and Islamic bank performance. We also try to identify evidence on the impact of financial crisis and political instability during the Arab Spring (AS) period. The study covers a sample of 123 banks (34 Islamic banks and 89 conventional banks from 13 Middle East and North Africa [MENA] countries) over the period 2000–2013. We use different proxies of performance as dependent variables: return on asset (ROA), return on equity (ROE), net income margin (NIM), and estimate several regressions using the dynamic generalized method of moments. Our results reveal that bank size, asset quality, specialization, and diversification are the major bank specific factors affecting performance of Islamic and conventional banks. Besides, macroeconomic indicators (GDP and inflation) and regulatory quality influence both types of banks differently. Finally, both the financial crisis and political instability negatively affect bank performance.

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在金融危机和政治动荡期间，是什么推动了银行业的盈利能力？中东和北非地区的证据

该研究的目的是确定传统银行和伊斯兰银行业绩的特定银行、宏观经济和稳定性决定因素。我们还试图找出阿拉伯之春期间金融危机和政治不稳定影响的证据。该研究涵盖了2000-2003年期间123家银行（来自13个中东和北非国家的34家伊斯兰银行和89家传统银行）的样本。我们使用不同的绩效指标作为因变量：资产收益率（ROA）、股本回报率（ROE）、净收入率（NIM），并使用动态广义矩法估计几个回归。我们的研究结果表明，银行规模、资产质量、专业化和多元化是影响伊斯兰银行和传统银行业绩的主要银行特定因素。此外，宏观经济指标（GDP和通货膨胀）和监管质量对这两类银行的影响不同。最后，金融危机和政治不稳定都会对银行业绩产生负面影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Global Journal of Emerging Market Economies Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)

CiteScore

2.70

自引率

0.00%

发文量

期刊介绍： Global Journal of Emerging Market Economies is a peer-reviewed journal. The aim of the journal is to provide an international platform for knowledge sharing, discussion and networking on the various aspects related to emerging market economies through publications of original research. It aims to make available basic reference material for policy-makers, business executives and researchers interested in issues of fundamental importance to the economic prospects and performance of emerging market economies. The topics for discussion are related to the following general categories: D. Microeconomics E. Macroeconomics and Monetary Economics F. International Economics G. Financial Economics H. Public Economics I. Health, Education, and Welfare J. Labor and Demographic Economics L. Industrial Organization O. Economic Development, Innovation, Technological Change, and Growth Q. Agricultural and Natural Resource Economics • Environmental and Ecological Economics R. Urban, Rural, Regional, Real Estate, and Transportation Economics Additionally, the journal would be most interested to publish topics related to Global Financial Crisis and the Impact on Emerging Market Economies Economic Development and Inclusive Growth Climate Change and Energy Infrastructure Development and Public Private Partnerships Capital Flows to and from Emerging Market Economies Regional Cooperation Trade and Investment and Development of National and Regional Financial Markets The Belt and Road Initiative.