Variable symbol

Variable name (unit)

Mean

Std

Min

Med

Max

Data sources

$LOAN{G}_{i,t}$

Loan growth rate (%)

18.25

14.71

−18.75

16.56

80.88

BankFocus

$CREDIT{G}_{i,t}$

Credit growth rate (%)

17.56

16.46

−18.25

16.07

106.06

BankFocus

$CA{P}_{i,t-1}$

Capital Adequacy Ratio (%)

14.40

5.85

7.14

13.02

48.93

BankFocus

$LI{Q}_{i,t-1}$

Liquid assets ratio (%)

21.96

12.30

4.24

19.73

63.58

BankFocus

$ASSE{T}_{i,t-1}$

Bank size

5.10

1.73

1.92

4.80

9.82

BankFocus

$ROA{A}_{i,t-1}$

Bank profitability (%)

0.93

0.45

−0.42

0.95

2.16

BankFocus

$LOSSR{E}_{i,t-1}$

Loan loss reserve (%)

2.86

1.13

0.51

2.75

6.87

BankFocus

$NONLOA{N}_{i,t-1}$

Non−performing loan ratio (%)

1.49

1.14

0.02

1.30

7.51

BankFocus

$\Delta GD{P}_t$

Changes in GDP growth rate (%)

8.03

1.68

6.69

7.30

14.20

CEInet

$\Delta SH{I}_t$

Market interest rate changes (%)

0.03

0.82

−1.11

0.34

1.510

CEInet