Session

Management, Business and Economics

Description

Studying interest rates has always been in focus of researches. Loans are the main source of funds for businesses and individuals, especially in the Balkan countries. The main problem is that high interest rate margins can indicate many factors, such as: The informal economy, problems with the cadaster system, an ineffective job of courts, the inability of Central Banks to inject liquidity, weaknesses in the quality of financial reporting of businesses, non-performing loans. It looks like all these problems are in favor of banks, by maximizing their profit. It is well known that the intermediary role of bank is to provide the best prosperity for society, preferably at the lowest possible costs. The high level of interest rate spread is an indicator of inefficiency, excessive risk taking and lack of competition. This study aims to measure the effects of the banking, market and macroeconomic structure on the net interest rate spread of the Balkan countries, such as Albania, Kosovo, Macedonia, Bosnia and Herzegovina, and Serbia, for seven years. According with this, the evaluation is made from two tips of methods: statistical and regression analysis. In the end, I can conclude that the net interest margin is influenced by maintaining high levels of capital, non-performing loans, operating expenses and bank capital ownership. Other factors that affect it are bank size, liquidity risk and portfolios performance. Macroeconomic components such as: Market Structure and Gross Domestic Product are assessed without impact. The study of factors that may cause changes in interest rate margins is an interesting and widely dealt with by foreign literature. Such an approach may be useful for specific measures of economic policy, taking into account the prospect of EU integration and other researcher that want to expand this study.

Keywords:

Interest rate margins. Capital, Risk, Ownership, Competition

Session Chair

Edmond Hajrizi

Session Co-Chair

Armend Muja

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-69-1

First Page

21

Last Page

31

Location

Pristina, Kosovo

Start Date

27-10-2018 1:30 PM

End Date

27-10-2018 3:00 PM

DOI

10.33107/ubt-ic.2018.312

Included in

Business Commons

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Oct 27th, 1:30 PM Oct 27th, 3:00 PM

The determinants of bank interest rate margins: A panel approach for some Balkan countries

Pristina, Kosovo

Studying interest rates has always been in focus of researches. Loans are the main source of funds for businesses and individuals, especially in the Balkan countries. The main problem is that high interest rate margins can indicate many factors, such as: The informal economy, problems with the cadaster system, an ineffective job of courts, the inability of Central Banks to inject liquidity, weaknesses in the quality of financial reporting of businesses, non-performing loans. It looks like all these problems are in favor of banks, by maximizing their profit. It is well known that the intermediary role of bank is to provide the best prosperity for society, preferably at the lowest possible costs. The high level of interest rate spread is an indicator of inefficiency, excessive risk taking and lack of competition. This study aims to measure the effects of the banking, market and macroeconomic structure on the net interest rate spread of the Balkan countries, such as Albania, Kosovo, Macedonia, Bosnia and Herzegovina, and Serbia, for seven years. According with this, the evaluation is made from two tips of methods: statistical and regression analysis. In the end, I can conclude that the net interest margin is influenced by maintaining high levels of capital, non-performing loans, operating expenses and bank capital ownership. Other factors that affect it are bank size, liquidity risk and portfolios performance. Macroeconomic components such as: Market Structure and Gross Domestic Product are assessed without impact. The study of factors that may cause changes in interest rate margins is an interesting and widely dealt with by foreign literature. Such an approach may be useful for specific measures of economic policy, taking into account the prospect of EU integration and other researcher that want to expand this study.