Series: IMF Working Papers
Author(s): Valentina Flamini , Liliana Schumacher , and Calvin McDonald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2009
Keywords: market structure, bank profitability, banking, return on assets, bank profits, causation,
Bank profits are high in Sub-Saharan Africa (SSA) compared to other regions. This paper uses a sample of 389 banks in 41 SSA countries to study the determinants of bank profitability. We find that apart from credit...