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Interest Margins (interest + margin)
Selected AbstractsFactors Determining Net Interest Margins in Australia: Domestic and Foreign BanksFINANCIAL MARKETS, INSTITUTIONS & INSTRUMENTS, Issue 3 2007Barry Williams This study tests the application of the Ho and Saunders (1981) model of bank net interest margins (NIMs), and its subsequent developments, using Australian data. The core elements of this model apply in Australia. Bank market power is found to increase NIMs, consistent with McShane and Sharpe (1985), with evidence of bank buying market share and mispricing for risk. Operating costs also have an important role in determining NIMs, together with implied payments and management quality. Bank NIMs are found to have fallen over the study period. [source] Securitisation and Banks' Net Interest Margins,THE ECONOMIC RECORD, Issue 274 2010JOSHUA KIRKWOOD This article develops a theoretical model of the effect of securitisation on banks' net interest margins (NIMs). The model incorporates a dual role for securitisation. The direct effect accounts for the influence of securitisation on banks' funding costs. The indirect effect recognises that the development of securitisation markets made it possible for mortgage originators to compete with banks, which contributed to a decline in banks' market power and a fall in their NIMs. In estimating the model econometrically, this article finds evidence that both the direct and indirect effects worked to reduce Australian banks' NIMs prior to the onset of the credit crisis. [source] BANKING SPREADS IN LATIN AMERICAECONOMIC INQUIRY, Issue 4 2009R. GASTON GELOS Intermediation spreads in Latin America are high by international standards. This paper examines the determinants of bank interest margins in that region using bank- and country-level data from 85 countries, including 14 Latin American economies. The results suggest that Latin America has higher interest rates, less efficient banks, and larger reserve requirements than other regions and that these factors have a significant impact on spreads. However, Latin American countries do not differ markedly from their peers in other aspects that are found important in determining the cost of financial intermediation, such as inflation and bank profit taxation. (JEL E43, E44, G21, O54) [source] Factors Determining Net Interest Margins in Australia: Domestic and Foreign BanksFINANCIAL MARKETS, INSTITUTIONS & INSTRUMENTS, Issue 3 2007Barry Williams This study tests the application of the Ho and Saunders (1981) model of bank net interest margins (NIMs), and its subsequent developments, using Australian data. The core elements of this model apply in Australia. Bank market power is found to increase NIMs, consistent with McShane and Sharpe (1985), with evidence of bank buying market share and mispricing for risk. Operating costs also have an important role in determining NIMs, together with implied payments and management quality. Bank NIMs are found to have fallen over the study period. [source] Securitisation and Banks' Net Interest Margins,THE ECONOMIC RECORD, Issue 274 2010JOSHUA KIRKWOOD This article develops a theoretical model of the effect of securitisation on banks' net interest margins (NIMs). The model incorporates a dual role for securitisation. The direct effect accounts for the influence of securitisation on banks' funding costs. The indirect effect recognises that the development of securitisation markets made it possible for mortgage originators to compete with banks, which contributed to a decline in banks' market power and a fall in their NIMs. In estimating the model econometrically, this article finds evidence that both the direct and indirect effects worked to reduce Australian banks' NIMs prior to the onset of the credit crisis. [source] | ||||||||||