Financial Intermediation Costs in Low-Income Countries : The Role of Regulatory, Institutional, and Macroeconomic Factors »
Series: IMF Working Papers
Author(s): Tigran Poghosyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2012
Keywords: Net Interest Margins, Low Income Countries, Emerging Economies, market concentration, banking, net interest margin, competition, bank entry
We analyze factors driving persistently higher financial intermediation costs in low-income countries (LICs) relative to emerging market (EMs) country comparators. Using the net interest margin as a proxy for finan...