Net stable funding ratio and profit efficiency of commercial banks in the US
作者： Minh Le , Viet-Ngu Hoang , Clevo Wilson , Shunsuke Managi
DOI: 10.1016/J.EAP.2020.05.008
关键词: Net stable funding ratio 、 Market liquidity 、 Profit efficiency 、 Profit (economics) 、 Financial stability 、 Business 、 Inefficiency 、 Basel III 、 Financial system
摘要: The net stable funding ratio (NSFR) was introduced under the Basel III accord to promote financial stability. Under this new international regulation, individual institutions are required maintain a sustainable structure. Hence universal requirement is expected materially affect bank operations. In paper, we provide one of first empirical examinations non-linear impact NSFR on profit (in)efficiency for commercial banks using two data sets from Bankscope (from 2000 2015) and Federal Financial Institutions Examination Council call reports (between 2000–2013). Our results suggest that modest intensification in liquidity helps reduce inefficiency (i.e. increase efficiency) but too greater enlargement could inefficiency. This result consistent with trade-off hypothesis based an assumption relationship between performance
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