货币政策对尼泊尔商业银行盈利能力的影响

Shiva Raj Ghimire, N. Aryal, Ashok Basnet
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摘要

本研究探讨了 2007/08 年至 2021/22 年货币政策工具对尼泊尔商业银行企业盈利能力的影响。研究调查了盈利能力与各种货币政策工具之间的关系,包括广义货币供应量、法定流动性比率、银行利率、国库券投资和现金储备比率。分析显示,各家银行的投资回报率(ROI)趋势各不相同,NIMBL 最初显示出较高的投资回报率,随后有所下降,SBL 和 SBI 显示出大幅增长,而 NABIL 和 HBL 则保持稳定的投资回报率。净利息收益率(NIM)分析显示了不同的盈利能力,而货币政策指标则显示了不同的数值,偶尔会出现波动,影响借贷成本和流动性。相关性分析表明,净利息收益率、M2 和投资回报率之间存在正相关关系,而与 TBR 和 CRR 之间存在负相关关系。回归分析强调了存款准备金率、内部收益率和 M2 对投资回报率的重要影响。研究得出结论,现金储备率、银行利率和国库券投资会影响尼泊尔商业银行的盈利能力。建议包括管理现金储备率、维持较低的银行利率、鼓励国库券投资以及尽量降低法定流动性比率,以提高盈利能力。研究结果表明,有效管理货币政策工具可以提高银行的盈利能力。未来的研究可以探索更多的盈利指标,扩大样本量和观察年限,纳入其他金融机构,并采用混合方法全面了解货币政策工具对银行盈利能力的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Impact of Monetary Policy on the Profitability of Nepalese Commercial Banks
This study examines the impact of monetary policy instruments on firm profitability in Nepalese commercial banks from 2007/08 to 2021/22. The research investigates the relationship between profitability and various monetary policy instruments, including broad money supply, statutory liquidity ratio, bank rate, investment in treasury bills, and cash reserve ratio. The analysis reveals diverse return on investment (ROI) trends across banks, with NIMBL initially showing high ROI followed by a drop, SBL and SBI displaying substantial increases, and NABIL and HBL maintaining stable ROI. Net Interest Margin (NIM) analysis shows varying profitability, while monetary policy indicators exhibit diverse and occasionally fluctuating values, influencing borrowing costs and liquidity. Correlation analysis identifies positive associations between NIM, M2, and ROI and negative correlations with TBR and CRR. Regression analysis emphasizes the significance of CRR, IRS, and M2 in impacting ROI. The study concludes that the cash reserve ratio, bank rate, and investment in treasury bills affect Nepalese commercial banks' profitability. Recommendations include managing the cash reserve ratio, maintaining low bank rates, encouraging treasury bill investment, and minimizing the statutory liquidity ratio to enhance profitability. Implications suggest that effective management of monetary policy instruments can improve banks' profitability. Future research could explore additional profitability indicators, expand the sample size and observation years, include other financial institutions, and employ a mixed-method approach for a comprehensive understanding of the impact of monetary policy instruments on bank profitability.
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