Oyetade, Damilola; Muzindutsi, Paul-Francois - In: Risks : open access journal 11 (2023) 11, pp. 1-18
This paper employs dynamic panel models to investigate the impact of country risk on the financial stability of banks … in Africa. Using country risk and bank specific data for 10 African countries over the period of 2000 and 2021, the … results reveal that African countries have a high country risk exposure. The country risk negatively and significantly affects …