Festić, Mejra; Romih, Dejan - In: Prague Economic Papers 2008 (2008) 2, pp. 99-117
An exposure to macroeconomic risk factors across banks is a source of systemic risk that influences the banking sector performance. In this paper, we present some evidence on macroeconomic variables affecting the non-performing loans (NPL) ratio in the Czech Republic, Slovakia and Slovenia. The...