Table 4.

Long-run relationship b/w KIBOR and lending rates (the bounds test)

VariableF-statisticst-statisticsResult (%)Conclusion
Conventional banks9.241−5.036Reject null hypothesis at 5There is a long-run relationship
Islamic banks12.283−5.682Reject null hypothesis at 5There is a long-run relationship
Overall banking59.198−15.171Reject null hypothesis at 5There is a long-run relationship
Source(s): Author’s own work

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