ABSTRACT

In this paper, we reexamine the determinants of nonperforming loans through the impact of supervisory devices in credit risk management in Africa. The paper employs bank-specific, macroeconomic and institutional data for a panel of 14 universal banks over the period 2009 to 2020. We develop models that capture the role of regulatory supervision on credit risk. Findings from the Panels Corrected Standard Errors (PCSE) and the system GMM shows that previous year’s NPL and inflation significantly affect NPLs in the banking space of Gana. Bank size and financial development are inversely associated with NPLs. The interactive term of regulatory quality and government effectiveness on NPLs has net negative effect. This suggest that regulatory quality enhances the reductive effects of government effectiveness on NPLs. Our findings in general lends credence to the financial instability theory as NPLs in the Ghanaian context has been the outcome of activities of speculative borrowers.

摘要

在本文中，我们通过监管手段对非洲信用风险管理的影响重新审视不良贷款的决定因素。本文采用了 2009 年至 2020 年期间 14 家全能银行的特定银行、宏观经济和机构数据。我们开发了模型来捕捉信用风险监管的作用。小组修正标准误差 (PCSE) 和 GMM 系统的调查结果表明，上一年的不良贷款和通货膨胀对加纳银行业的不良贷款产生了显着影响。银行规模和金融发展与不良贷款成反比。监管质量和政府对不良贷款的有效性的交互项具有净负效应。这表明监管质量增强了政府有效性对不良贷款的减少作用。