Variable

Authors

Expected sign

Variable to be explained

Banking stability

Explanatory variables

Bank concentration

Uhde & Heimeshoff (2009)

-

Real per capita GDP

Soedarmono et al. (2011)

+

Inflation

Akram & Eitrheim (2008)

-

Bank deposits

Zaghdoudi (2015)

+

Bank lending to the private

FMI (2006)

-

Fiscal balance

Zomo (2017)

+

Current account balance

Zomo (2017)

-

Rate of outstanding receivables

Boyd & De Nicolò (2005)

-

Deposit insurance

Gropp & Vesala (2004)

+

Interest margin

Vives (2010)

-