This study evaluates the CAMELS tool, which bank regulators use to gauge bank financial condition as part of off-site surveillance. Both the choice of variables and the factors that they represent affect regulatory opinion on the nature of bank problem and policy measures applicable. By...

This paper aims to expand the factor base innovating the anatomy of bank financial condition. In the tradition of the anatomy of bank financial condition (Njoku and Inanga, 2010), the study explores broader variable base than could be allowed under discriminant analysis (Njoku, 2011b). The...