extensions by introducing new bank and country-level variables. We find robust evidence that investment in government securities … and market openness positively affect bank intermediation costs while the trilemma index negatively affects them. During … the world financial crisis, bank intermediation costs increased. Moreover, we observe that cost inefficiency, credit risk …

In this paper, we develop a contingent claim model to evaluate a bank’s equity and liabilities that integrates the … regulation. The barrier options theory of corporate security valuation is applied to the contingent claims of a bank. The barrier … products (WMPs) and entrusted loans (ELs). The optimal bank interest margin, i.e., the spread between the loan rate and the …

This study applied panel analysis to determine the factors influencing interest margins in Nigeria using bank …