Oil Prices and Bank Profitability : Evidence From Major Oil-Exporting Countries in the Middle East and North Africa

Evidence From Major Oil-Exporting Countries in the Middle East and North Africa

Oil Prices and Bank Profitability : Evidence From Major Oil-Exporting Countries in the Middle East and North Africa
This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability. Our results indicate that oil price shocks have indirect effect on bank profitability,... READ MORE...

Publication date: October 2009
ISBN 9781451873672
$18.00

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