6533b7d4fe1ef96bd1262a70

RESEARCH PRODUCT

Determinants of interest margins in Spanish credit institutions before and after the 2008 financial crash

Salvador Climent SerranoFernando TobosoJose M. Pavía

subject

Organizational Behavior and Human Resource ManagementIndex (economics)ScopusCrashCrisi financera global 2007-2009Bancsbanks and savings bankslcsh:HG1501-3550Credit historyManagement of Technology and Innovation0502 economics and business050207 economicsPublicationMarketingFinance050208 finance2008 financial crashrate of leveragebusiness.industry05 social sciencesquality of assetslcsh:BankingBusinessLawFinanceOpen access journal

description

As interest margins of credit institutions affect economic performance of countries, finding out which are the main determinants of their evolution is a research task of great interest at current times. This is the purpose of the present paper as regards to the Spanish case over the period 2004-2012. Based on the econometric contributions by Ho and Saunders (1981) and some of its extensions, the authors develop a model that includes as explanatory variables the factors usually examined in the literature and other singular variables that might be relevant. Particularly, the rate of leverage, the quality of their assets measured according to their risk, and the profit obtained from the selling of assets, including real estate ones. The research also provides an analysis of differences between banks and savings banks.

yearjournalcountryeditionlanguage
2017-01-01
10.21511/bbs.12(2).2017.04https://doi.org/10.21511/bbs.12(2).2017.04