Journal of Yaşar University

Yazarlar: DİLEK DEMİRHAN

Konular:-

DOI:10.19168/jyu.66139

Anahtar Kelimeler:Bank profitability,Financial crisis,GMM estimator,Dynamic panel

Özet: The recent financial crisis had influenced the financial systems of many countries in the world. Turkish economy, one of the developing economies, has also been affected, but there are few studies investigating the effect of the recent financial crisis especially on the banking industry. Therefore this study aims to find out the impact of the recent financial crisis on bank profitability and its determinants in Turkey. In this respect, t-tests and dynamic panel estimation technique are used in the study. The analysis covers the period from December 2003 to June 2012, and it is divided into pre-crisis and post crisis periods. System GMM estimator is applied to be able to find out the determinants of bank profitability before and after the crisis. As a result, the findings reveal that profitability of banks in Turkish banking industry was not affected significantly by the recent financial crisis, but the crisis had some impacts on the determinants of bank profitability.

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