Bank Interest Rate Margins and Uncertainty: A Forward-Looking Approach

Yıl 2023, Sayı: 120, 1 - 10, 16.10.2023

Baki Cem Şahin

https://doi.org/10.33203/mfy.1105753

Öz

The behavior of banks in setting interest rate margins has been in the interest of a variety of groups including management, shareholders, and policymakers. On this basis, the literature has employed a wide range of micro and macroeconomic factors in analyzing the interest rate margin. This study focuses more on uncertainty and investigates the role of uncertainty on bank interest margin setting in Turkey. The analysis shows that higher uncertainty is associated with higher interest rate margins both in the short term and long term.

Anahtar Kelimeler

banking, interest rate margin, uncertainty, cointegration

Faiz Oranı Marjının Belirlenmesinde Belirsizliğin Banka Davranışı Üzerindeki Etkisi

Öz

Bankaların faiz oranı marjlarını belirleme davranışı, yönetim, hissedarlar ve politika yapıcılar dahil olmak üzere çeşitli grupların ilgi odağında
olmuştur. Bu noktada, literatür, faiz oranı marjını analiz ederken çok çeşitli mikro ve makroekonomik faktörleri kullanmıştır. Bu çalışma daha çok belirsizliğe odaklanmakta ve belirsizliğin Türkiye’de banka faiz marjı belirleme üzerindeki rolünü incelemektedir. Analiz, daha yüksek belirsizliğin hem kısa vadede hem de uzun vadede daha yüksek faiz oranı marjları ile ilişkili olduğunu göstermektedir.

Anahtar Kelimeler

bankacılık, faiz marjı, belirsizlik, eşbütünleşme

Kaynakça

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