...), two major risk measures have been accounted for, namely, the ratio of non-performing loans to total loans (credit risk) and the z-score indicator (risk insolvency). In addition, certain bank-specific factors as well as macroeconomic ones have also been considered in the model. Findings...

... Z-score In developing countries, banks represent the nerve of the financial system and dominate financial markets. Therefore, developing countries in particular should pay greater attention to their banking sectors due to the importance of these sectors’ role in providing finance, ensuring...