How does Jane Austen use dialogue to develop characterization of one character in her story Pride and Prejudice?
With reference to the sample of U.K schedule commercial banks, this dissertation attempts to examine determinants of bank profitability and interest margin from 2002 to 2008. We have run regression on a comprehensive set of hypothetical determinants that consist of bank- specific, industry-specific and macroeconomic indicators. Our results suggest that among many factors a high inflation environment positively affect bank profitability. However, high bank capitalisation, credit risk, overheads and high economic growth have a negative effect on bank profitability. On the other hand, high credit risk and overheads have a positive impact on bank performance. Further, macroeconomic indicators have no effect on the bank’s interest margin indicating a greater influence of the competitive environment in which the banks operate in. Chapter 1: Background 1.1 Background of the study Banks have always been critical in every economy as they are a mean to channelize funds from sources to investors. The link between economic growth and financial development has been a feature of discussion in many studies like (Aburime 2008, Beck & Levine, 2004).The banking sector on a world scale has acknowledged the major transformation in operating environment in the last two decades. Financial institutions today face a rapid vibrant and competitive environment to global extent. Hence, the nature of environment has forced financial institutions to revise and examine their performance for their mere existence in this dynamic economy of twenty first century. Both economic and macro economic factors have been responsible for the change in the structural and performance of the banks. The main drivers for the changes in the macro environment are mainly liberalisation and regulation of the domestic markets. Bank profitability is significant at micro and macro level. At the micro level, profitability helps the survival of banks and enables them to remain competitive while at the macro level it helps in the f>GET ANSWER