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62

Financial Efficiency

Bank lending-

deposit spread

Difference between lending rate and deposit rate. Lending rate is the rate

charged by banks on loans to the private sector and deposit interest rate is the

rate offered by commercial banks on three-month deposits.

Bank return on

assets (%, after

tax)

Commercial banks’ after-tax net income to yearly averaged equity.

Bank return on

equity (%, after

tax)

Commercial banks’ after-tax net income to yearly averaged equity.

Stock market

turnover ratio (%)

Total value of shares traded during the period divided by the average market

capitalization for the period.

Financial Stability

Bank non-

performing loans

to gross loans (%)

Ratio of defaulting loans (payments of interest and principal past due by 90

days or more) to total gross loans (total value of loan portfolio). The loan

amount recorded as nonperforming includes the gross value of the loan as

recorded on the balance sheet, not just the amount that is overdue.

Bank capital to

total assets (%)

Ratio of bank capital and reserves to total assets. Capital and reserves include

funds contributed by owners, retained earnings, general and special reserves,

provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up

shares and common stock), which is a common feature in all countries' banking

systems, and total regulatory capital, which includes several specified types of

subordinated debt instruments that need not be repaid if the funds are

required to maintain minimum capital levels (these comprise tier 2 and tier 3

capital). Total assets include all nonfinancial and financial assets.

Bank credit to

bank deposits (%)

The financial resources provided to the private sector by domestic money

banks as a share of total deposits. Domestic money banks comprise commercial

banks and other financial institutions that accept transferable deposits, such as

demand deposits. Total deposits include demand, time and saving deposits in

deposit money banks.

Bank regulatory

capital to risk-

weighted assets

(%)

The capital adequacy of deposit takers. It is a ratio of total regulatory capital to

its assets held, weighted according to risk of those assets.