An Empirical Analysis of Bank-Specific and Macroeconomic Drivers Influencing Net Interest Margins of Turkish Listed Banks: Panel Data Evidence from Post-Crisis Era

Year 2017, Volume: 25 Issue: 34, 227 - 245, 31.10.2017

Ozcan Işık Murat Belke

https://doi.org/10.17233/sosyoekonomi.322057

Cited By: 6

Abstract

The aim of this study
is to explore both the bank-specific and macroeconomic drivers of net interest
margins using panel data techniques for a sample of 12 deposit banks publicly
traded on the Borsa Istanbul Stock Exchange over the post-crisis period
2010-2015. Our panel data results suggest that while bank size and managerial
efficiency affect net interest margins negatively and
significantly, operating cost, credit risk, and implicit interest payments influence the NIMs positively and significantly in
the post-crisis era. The results also imply that macroeconomic indicators such
as economic growth and inflation do not have any significant effects on the
NIMs.

Keywords

Banking, Net Interest Margins, Financial intermediation, Panel data, Borsa istanbul

Borsa İstanbul’da İşlem Gören Bankaların Net Faiz Marjlarının Belirleyicilerinin Ampirik Analizi: Kriz Sonrası Döneminden Panel Verileri Kanıtları

Abstract

Keywords

Banking, Net Interest Margins, Financial intermediation, Panel Data, Borsa Istanbul

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