Table 4 Determinants of non-interest income

L.NII

0.287

0.271

(3.80)***

(3.90)***

ROA

0.001

_

(1.29)

_

ROE

_

0.002

_

(0.82)

SIZE

−0.003

−0.002

(2.04)**

(1.67)*

LR

−0.002

−0.007

(1.89)*

(1.94)*

LS

−0.012

−0.012

(2.57)**

(2.73)***

CAPR

−0.001

−0.001

(5.96)***

(2.13)**

CD

−0.015

−0.016

(3.51)***

(3.82)***

HHI

0.410

0.400

(6.21)***

(7.41)***

ATM

0.005

0.004

(12.10)***

(12.57)***

CARDS

0.001

0.021

(5.73)**

(5.08)**

GDP

0.043

0.045

(2.08)**

(2.24)**

INF

0.004

−0.003

(0.58)

(0.39)

Wald chi2(12)

26,189.88

9907.80

Prob > chi2

0.0000***

0.0000***

Arellano-Bond Test for AR (1)

−1.8266

−1.6324

p-value

0.04981**

0.0926*

Arellano-Bond Test for AR(2)

0.44292

0.3555

p-value

0.2641

0.7222

Sargan test

13.1144

11.5157

p-value

0.6987

0.4836

N

200

200