Table 1

Descriptive statistics of variables

CountMeanStd. DevMinMedianMax
ZSCORE4202.8620.512−0.9862.8904.240
LERNER4200.1370.1090.0000.1211.609
NIM4200.0320.013−0.0190.0300.094
FS14200.2130.0250.1840.1960.239
FS24200.1010.0060.0930.1010.113
SIZE42018.7771.27815.92318.75621.739
ETA4200.0920.0390.0410.0810.255
LDR4200.9010.1820.3630.8971.789
CTI4200.8700.1240.5380.8842.500
LLP4200.0220.0540.0000.0110.677
NPL4200.0220.022−0.0140.0190.266
GDP4200.0610.0150.0260.0640.081
INF4200.0690.107−0.0170.0360.423
EWGI420−1.0950.688−2.109−1.132−0.048

Note(s): This table reports descriptive statistics for the main variables used in the analysis, including financial stability (ZSCORE, NPL), foreign bank presence (FS1, FS2), institutional quality (EWGI), and a set of bank-specific and macroeconomic control variables. All values are reported with three decimal places

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