Financial Intermediation Costs in Low-Income Countries; The Role of Regulatory, Institutional, and Macroeconomic Factors

Preprint OPEN
Tigran Poghosyan;
(2012)
  • Subject: Commercial banks;Banks;Banking systems;Economic models;Emerging markets;Financial intermediation;Low-income developing countries;Net Interest Margins, Low Income Countries, Emerging Economies, market concentration, banking, net interest margin, competition, bank entry

We analyze factors driving persistently higher financial intermediation costs in low-income countries (LICs) relative to emerging market (EMs) country comparators. Using the net interest margin as a proxy for financial intermediation costs at the bank level, we find tha... View more
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