Variable | Deposit growth rate | Loan growth rate |
SND ratio (t − 1) | 1.128 | 0.496 |
(0.904) | (0.317) | |
Deposit growth rates (t − 1) | 0.137 | |
(1.464) | ||
Loan growth rates (t − 1) | −0.150* | |
(−2.265) | ||
NPL ratio (t − 1) | −2.105** | |
(−2.786) | ||
Capital ratio (t − 1) | 0.763* | 1.121** |
(2.315) | (3.953) | |
Time deposit growth rates (t − 1) | 0.130* | |
(2.418) | ||
Observations | 1208 | 603 |
F test (p-value) | 0.000 | 0.000 |
Hansen test (p-value) | 0.207 | 0.213 |
Serial correlation test (p-value) | 0.123 | 0.316 |