The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)

The global position of Non-Performing Loans (NPLs) is persistent and on the rise which indicates a global deterioration of bank asset quality. The problem is more pronounced among the Organisation of the Petroleum Exporting Countries (OPEC) whose ratio of NPLs is on the verge of the banking crisis....

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Main Author:	Idris, Isma'il Tijjani
Format:	Thesis
Language:	eng eng
Published:	2017
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/7182/1/s900557_01.pdf https://etd.uum.edu.my/7182/2/s900557_02.pdf
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id	my-uum-etd.7182
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Nayan, Sabri
topic	HG Finance
spellingShingle	HG Finance Idris, Isma'il Tijjani The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
description	The global position of Non-Performing Loans (NPLs) is persistent and on the rise which indicates a global deterioration of bank asset quality. The problem is more pronounced among the Organisation of the Petroleum Exporting Countries (OPEC) whose ratio of NPLs is on the verge of the banking crisis. The objective of this study is to investigate the effects of the prevalence of systematic risk factors in the OPEC countries on the deterioration of their bank asset quality. In achieving this objective, the study employed the panel data set of the entire OPEC countries spanning 1996-2015. Further, to account for NPL persistence, the study employed Pooled Mean Group (PMG) model in its estimations. The findings reveal that an increase in oil price improves bank asset quality which signifies that a rise in oil price inversely affects NPLs. On the other hand, a rise in the level of corruption increases the level of NPLs which indicates that corruption positively affects NPLs. Further, an increase in the level of political instability deteriorates the level of bank asset quality which means that an increase in the level of political instability positively affects NPLs. Additionally, the result reveals that an increase in environmental risks raises the level of NPLs which denotes that an increase in the occurrence of environmental risk positively affects NPLs. Overall, the findings imply that the prevalence of systematic risks in OPEC countries adversely affect bank asset quality and are key to financial stability. Consequently, the results imply that policymakers should design appropriate prudential policies that will curtail the impact of these systematic risks on bank asset quality and diversification of their economies which will ensure sustainable financial stability amongst OPEC countries.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Idris, Isma'il Tijjani
author_facet	Idris, Isma'il Tijjani
author_sort	Idris, Isma'il Tijjani
title	The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
title_short	The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
title_full	The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
title_fullStr	The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
title_full_unstemmed	The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC)
title_sort	effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (opec)
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2017
url	https://etd.uum.edu.my/7182/1/s900557_01.pdf https://etd.uum.edu.my/7182/2/s900557_02.pdf
_version_	1747828170095067136
spelling	my-uum-etd.71822021-05-09T03:45:21Z The effects of systematic risks on bank asset quality : evidence from organisation of the petroleum exporting countries (OPEC) 2017 Idris, Isma'il Tijjani Nayan, Sabri School of Economics, Finance & Banking School of Economics, Finance and Banking HG Finance The global position of Non-Performing Loans (NPLs) is persistent and on the rise which indicates a global deterioration of bank asset quality. The problem is more pronounced among the Organisation of the Petroleum Exporting Countries (OPEC) whose ratio of NPLs is on the verge of the banking crisis. The objective of this study is to investigate the effects of the prevalence of systematic risk factors in the OPEC countries on the deterioration of their bank asset quality. In achieving this objective, the study employed the panel data set of the entire OPEC countries spanning 1996-2015. Further, to account for NPL persistence, the study employed Pooled Mean Group (PMG) model in its estimations. The findings reveal that an increase in oil price improves bank asset quality which signifies that a rise in oil price inversely affects NPLs. On the other hand, a rise in the level of corruption increases the level of NPLs which indicates that corruption positively affects NPLs. Further, an increase in the level of political instability deteriorates the level of bank asset quality which means that an increase in the level of political instability positively affects NPLs. Additionally, the result reveals that an increase in environmental risks raises the level of NPLs which denotes that an increase in the occurrence of environmental risk positively affects NPLs. Overall, the findings imply that the prevalence of systematic risks in OPEC countries adversely affect bank asset quality and are key to financial stability. Consequently, the results imply that policymakers should design appropriate prudential policies that will curtail the impact of these systematic risks on bank asset quality and diversification of their economies which will ensure sustainable financial stability amongst OPEC countries. 2017 Thesis https://etd.uum.edu.my/7182/ https://etd.uum.edu.my/7182/1/s900557_01.pdf text eng public https://etd.uum.edu.my/7182/2/s900557_02.pdf text eng public other doctoral Universiti Utara Malaysia Abid, L., Ouertani, M. N., & Zouari-Ghorbel, S. (2014). Macroeconomic and bank- specific determinants of household’s non-performing loans in Tunisia: A dynamic panel data. Procedia Economics and Finance, 13(December 2013), 58–68. Abu, N. (2015). The effects of corruption and political instability on savings :The case of Economic Community of West African states. Universiti Utara Malaysia. Retrieved from http://etd.uum.edu.my/4982/1/s94140.pdf Abu, N., Karim, M. Z. A., & Aziz, M. I. A. (2013). 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