Variable type | Variable symbol | Variable meaning | Variable calculation method | |
Dependent variable |
| Loan growth rate | (Total loans of the current year - total loans of the previous year)/Total loans of the previous year | |
| Credit growth rate | (Total credit of the current year - total credit of the previous year)/Total credit of the previous year | ||
Independent variable |
| Capital adequacy ratio | Capital/Risk assets | |
| Liquid assets ratio | Liquid assets/Total assets | ||
Bank characteristic variables |
| Bank size | Natural logarithm of total assets | |
| Bank profit | Net income/Total assets mean value at the beginning of the year and at the end of the year | ||
| Loan loss reserve ratio | Loan loss reserves/Total loans | ||
| Non-performing loan ratio | Non-performing loans/Total loans | ||
Macro control variables |
| Changes in GDP growth rate | (GDP growth rate of the current year - GDP growth rate of the previous year)/GDP growth rate of the previous year | |
| Changes in market interest rates | (Overnight interbank offered rate of the current year - Overnight interbank offered rate of the previous year)/Overnight interbank offered rate of the previous year |