Variable |
|
|
ROA | Characteristic variable of the bank | return on assets × 100 |
SIZE | Size of the banks | Log of total assets |
RISK | Measuring Banks’ risk-taking | non-performing loan ratio × 100 |
CAP | Characteristic variable of the bank | capital adequacy ratio × 100 |
M2 | Monetary policy | growth rate of M2 × 100 |
GDP | Marco-economic | growth rate of GDP |