期刊名称：Macao Monetary Research Bulletin / Autoridade Monetária de Macau
出版年度：2009
卷号：2009
期号：12
出版社：Macao
摘要：This paper examines the impact of bank characteristics as well as macroeconomic and
financial structure variables on the performance of the Macao banking industry. Our
results show that the capital strength of a bank is of paramount importance in
affecting its profitability. A well-capitalised bank is perceived to be of lower risk
and such an advantage will be translated into higher profitability. On the other hand,
the asset quality, as measured by the loan-loss provisions, affects the performance of
banks adversely. In addition, banks with a large retail deposit-taking network do not
achieve a level of profitability higher than those with a smaller network. Finally,
with regard to macroeconomic variables, only the rate of inflation exhibits a
significant relationship with banks’ performance.
