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

Working Paper No. 12/140

Nopic
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 that within LICs a substantial part of the variation in interest margins can be... READ MORE...

Publication date: May 2012
ISBN 9781475503937
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Publication date: May 2012

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Publication date: May 2012

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