study reveals that the bank-specific factors are the most influential on banks’ profitability, and to a lesser extent the … addition to financial inclusion indicators, We include bank-specific factors and macroeconomic variables into the analysis. The … macroeconomic variables. Specifically, there is evidence of positive and significant impacts on the size of banks, the capital …

as disintermediation, internationalization and privatization, on the profitability of banks. Several proxies based on …) and higher market concentration in the banking sector had a positive effect on bank profitability, while, surprisingly … banks did not have a clear-cut or significant impact on bank profits. …

prices that banks pay for liquidity, captured here by borrowing rates in repos with the central bank and benchmarked by the … overnight index swap. We have price data at the individual bank level and, unique to this paper, data on individual banks … liquidity. We find that the price a bank pays for liquidity depends on the liquidity positions of other banks, as well as its …