Table 1

Summary of variables

AbbreviationDescriptionMeasurement
PFDependent variable: Bank profitabilityReturn on Assets (ROA): Net profit after taxes / total assets
CBIRMain independent variable: Central bank interest rateCentral bank’s policy rate
CAFinancial stability and risk toleranceEquity / total assets
SZBank sizeNatural logarithm of total revenue
GRRevenue growth ratePercentage change in total revenue

Source(s): Created by authors

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