Naslov
Determinants of banks' net interest margin in Central and Eastern Europe

Autori
Dumičić, Mirna ; Ridzak, Tomislav

Izvornik
Financial theory and practice (Zagreb) (1846-887X) 37 (2013), 1; 1-30

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
net interest margin ; CEE

Sažetak
This research analyzes the main determinants of the net interest margin of banks operating in Central and Eastern European (CEE) countries in the period from 1999 to 2010. The results reveal several main drivers of net interest margins in the CEE. Prior to 2008 the net interest margins declined primarily due to strong capital inflows and stable macroeconomic environment. In the crisis period, significant rise in government debt accompanied by the increase in macroeconomic risks and abating capital inflows were pushing margins up while other factors such as low credit demand, higher capitalization and significantly increased share of non-performing loans pressured banks’ margins down. The results also confirm the important contribution of higher efficiency to lowering banks’ margins.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Članci objavljeni u časopisu Financijska teorija i praksa referiraju se u bibliografskim bazama: EconLit ; IBSS - The International Bibliography of the Social Sciences ; DOAJ (Directory of Open Access Journals, Lund University, Sweden) ; EBSCO Publishing Database ; JEL (Journal of Economic Literature, Pittsburgh, Pennsylvania, USA) ; HRČAK (Portal of Scientific Journals of Croatia) ; RePEC (Research Papers in Economics).

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