LLP

Sys

−0.00110 (−1.14)

LOAN × Sys

0.0051** (2.51)

NPL

0.0987*** (5.77)

LOAN

0.0213*** (7.71)

NCO

−1.1251** (−2.53)

EBTP

0.1874* (1.78)

GROWTH

−0.0000*** (−3.50)

ROE

−0.0001* (−1.91)

c

0.0009 (0.41)

Annual fixed effect

yes

N

574

R2

0.40