콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Financial Policy

Print

예금은행의 예대금리차 결정요인분석

Related Document
Frame of Image


Full Text
Title 예금은행의 예대금리차 결정요인분석
Similar Titles
Material Type Reports
Author(Korean)

김상환

Publisher

[서울]:한국금융연구원

Date 2000-08
Series Title; No 금융조사보고서 / 2000-02
Pages 95
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding 한국금융연구원; KDI 국제정책대학원

Abstract

This paper is an empirical exposition of the relationship between bank deposit-loan interest margin and the interest risk, default risk, capital-asset ratio and various indicators which are believed to affect prices of bank products using banking statistics during the period 1992~1997. The empirical results show that Korean banks' interest rates have been deviating from the interest levels which should be fixed if the banks' business objective lies in the profitability. This proves that Korean banks management behavior is dictated by competitive size expansion rather than by profit maximization. Among many empirical findings, most important one is that the banks did not raise the interest margin in reaction to the higher credit risk, which implies the poor credit screening technique of banks. The paper concludes with suggestions for more rational strategy of determining profit-maximizing interest rates.