Financial Outlook of the OIC Member Countries 2017
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To measure and benchmark financial systems, the outlook utilizes several measures of
following four characteristics of financial institutions and markets:
(a) Financial Depth: Measures the size of financial institutions and markets,
(b) Financial Access: Measures the degree to which individuals can and do use financial
institutions and markets,
(c) Financial Efficiency: Measures the efficiency of financial institutions and markets in
providing financial services,
(d) Financial Stability: Measures the stability of financial institutions and markets in order to
measure and benchmark financial systems in the OIC region
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.
Although the above referred study of the World Bank has developed number of measures to
compare the characteristics of the financial markets, the following indicators are selected to
analyze the four measures of the financial markets in the OIC countries as depicted in Table-2.
Table 2: Selected Financial Data on OIC Member States
Indicator
Code
Name of the Indicator
DEPTH
GFDD.DI.01
GFDD.DI.02
GFDD.DM.01
GFDD.DM.02
Private credit by deposit money banks to GDP (%)
Deposit money banks' assets to GDP (%)
Stock market capitalization to GDP (%)
Stock market total value traded to GDP (%)
ACCESS
GFDD.AI.01
GFDD.AI.02
GFDD.AI.03
GFDD.AI.06
Bank accounts per 1,000 adults
Bank branches per 100,000 adults
Firms with a bank loan or line of credit (%)
Saved at a financial institution in the past year (% age 15+)
EFFICIENCY
GFDD.EI.02
GFDD.EI.05
GFDD.EI.06
GFDD.EM.01
Bank lending-deposit spread
Bank return on assets (%, after tax)
Bank return on equity (%, after tax)
Stock market turnover ratio (%)
STABILITY
GFDD.SI.02
GFDD.SI.03
GFDD.SI.04
GFDD.SI.05
Bank nonperforming loans to gross loans (%)
Bank capital to total assets (%)
Bank credit to bank deposits (%)
Bank regulatory capital to risk-weighted assets (%)
Source: World Bank
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Cihak, M., Demirgüç-Kunt, A., Feyen E., Levine, R., 2012