the financial stability of surinamese banks from 2007- 2017 ABSTRACT Since the global financial crisis,the performance and financial stability of banks has been an area of interest. The main goal of this paper is to investigate whether the Surinamese banks where financially stable within the period of 2007 till 2017 usingbank-level measures like Z-score and distance-to-default ratio. KEY WORDS:” Surinamese banks;”,“financial stability;”, “Z-score;’’, “Distance-to-Default;”. Contents Chapter One: Introduction 1 1.1.Suriname’s Financial System 1 1.1.1 Central Bank of Suriname (Central Bank of Suriname) 2 1.1.2 De Surinaamsche Bank (DSB) 6 1.1.3 Hakrinbank N.V.7 1.1.4 Finabank 8 1.2 Suriname macro-economic development 9 1.3 The determinants of bank stability in Suriname 11 1.3.1 Capital Adequacy 12 1.3.2 Asset Quality 13 1.3.3 Earnings and Profitability 13 1.3.4.Liquidity 13 1.4 Research Questions 13 Chapter 2: Literature Review 15 Chapter Three: Methodology 21 3.1.Z-score 22 3.2.Distance-to-default (DD) 23 Chapter Four: Results and Discussion 25 4.1: Z-score 25 4.1.1 Centrale Bank van Suriname 25 4.1.2 De Surinaamsche Bank 26 4.1.3 Hakrinbank 27 4.1.4 Finabank 28 4.2 Distance-to-Default 29 4.2.1 Centrale Bank of Suriname 29 4.2.2 De Surinaamsche Bank 31 4.2.3.Harkinbank 32 4.2.4.Finabank 33 4.3 Summary statistics of all sample banks 35 4.3.1 Z-score 35 4.3.2 Distance- to- default measure 36 Chapter Five: Conclusion and Recommendations 38 5.1 Conclusion 38 5.2 Recommendations 39 References 41 Acknowledgements 44 Resume 45 |
the financial stability of surinamese banks from 2007- 2017
更新时间:2022-01-08