Pakhchanyan, Suren; Sahakyan, Gor - 2014
The aim of this study is to examine the effects of bank-specific, regulatory and macroeconomic determinants on bank … risk, profitability and solvency in the Armenian banking sector. To account for these, we apply a GMM technique to a panel …. Regarding GDP we observe a negative influence on banks' solvency, profitability and risk. When focusing on regulatory variables …