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Table 5 Pearson correlation matrix and variance inflation factors (VIF)

From: Does country risk impact the banking sectors’ non-performing loans? Evidence from BRICS emerging economies

 

LIQ/TA

REQ/RWA

ROA

C/I

NI/TI

PRI

ERI

FRI

CRI

DC/GDP

LIR

GR

VIF

LIQ/TA

1.000

           

1.10

REQ/RWA

0.013

1.000

          

1.15

ROA

0.017

0.119*

1.000

         

1.22

C/I

0.335*

0.109*

0.096

1.000

        

1.09

NI/TI

0.235*

0.172

0.076

0.194*

1.000

       

1.15

PRI

− 0.027

0.253*

0.109*

0.102

− 0.036

1.000

      

1.13

ERI

− 0.249*

− 0.121

0.281*

− 0.169

− 0.172

0.257*

1.000

     

1.06

FRI

− 0.138*

− 0.161*

− 0.054

− 0.135*

− 0.251*

− 0.231*

0.348*

1.000

    

1.14

CRI

− 0.163*

0.007

0.192*

− 0.113

− 0.228*

0.522*

0.662*

0.549*

1.000

   

1.17

DC/GDP

− 0.287*

− 0.194*

− 0.120*

− 0.093*

− 0.127*

− 0.221*

0.316*

0.292*

0.183*

1.000

  

1.07

LIR

0.113*

0.177*

0.135*

0.179*

− 0.019

0.192*

− 0.238*

− 0.106*

− 0.246*

− 0.182*

1.000

 

1.18

GR

0.202*

− 0.014

− 0.164*

− 0.023

0.060

− 0.233*

− 0.191*

− 0.006

− 0.247*

0.110*

− 0.106

1.000

1.22

  1. *Statistically significant at 1%