Determinants of Banks' Net Interest Margins in Honduras /

This paper analyzes the determinants of banks' net interest margins in Honduras during 1998 to 2013-a period characterized by increasing banks' net interest margins, foreign bank participation and consolidation. In line with findings in the previous literature, we find that operating costs...

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Автор: Ben Nassar, Koffie
Інші автори: Martinez, Edder, Pineda, Anabel
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2014.
Серія:IMF Working Papers; Working Paper ; No. 2014/163
Онлайн доступ:Full text available on IMF
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245 1 0 |a Determinants of Banks' Net Interest Margins in Honduras /  |c Koffie Ben Nassar, Edder Martinez, Anabel Pineda. 
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300 |a 1 online resource (26 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyzes the determinants of banks' net interest margins in Honduras during 1998 to 2013-a period characterized by increasing banks' net interest margins, foreign bank participation and consolidation. In line with findings in the previous literature, we find that operating costs are the most important drivers of banks' net interest margins. We also find that competition among banks has led to higher concentration and that funding by parent banks positively impacts foreign banks' net interest margins. Together, these results suggest that banks, particularly foreign banks, are under pressure to consolidate and reduce operating costs in order to offer competitive interest margins. We conclude that further structural reforms and consolidation may lower banks' net interest margins. 
538 |a Mode of access: Internet 
700 1 |a Martinez, Edder. 
700 1 |a Pineda, Anabel. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2014/163 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2014/163/001.2014.issue-163-en.xml  |z IMF e-Library