Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks

Mosaddak Ahmed Chowdhury; Md. Abdul Gaffar Salman

doi:doi:10.11648/j.ajtab.20210704.11

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Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks

Mosaddak Ahmed Chowdhury, Md. Abdul Gaffar Salman

Published in American Journal of Theoretical and Applied Business (Volume 7, Issue 4)

Received: 6 August 2021 Accepted: 20 August 2021 Published: 30 October 2021

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Abstract

This paper tries to investigate the determinants of profitability for Bangladeshi private commercial banks. The return on assets (ROA) and return on equity (ROE) are two important variables that have been used in this study to indicate profitability. The study considered a set of independent variables such as bank-specific factors that comprise bank size, capital adequacy, asset quality, liquidity, deposits, asset management, operational efficiency; and macroeconomic factors such as GDP growth rate, inflation rate, interest rate and exchange rate. The data for 25 private commercial banks from Bangladesh over the period of 2012 to 2019 have been analyzed. Overall, the findings are satisfactory. The capital adequacy ratio, asset management ratio and GDP growth rate are found to have significant positive impact on ROA and ROE of the private commercial banks in Bangladesh. The asset quality, liquidity and deposit ratios also have a significant positive impact on ROE; and an insignificant positive impact on ROA. The cost to income ratio and bank size both have a negative association with ROA and ROE. These imply some sort of scale inefficiencies and problems in minimizing costs associated with increasing equity. The conclusion prioritizes that the financial sector authority in Bangladesh should continue their current role towards having a sustainable banking industry and thus having the economic growth, welfare and prosperity of the nation.

Published in	American Journal of Theoretical and Applied Business (Volume 7, Issue 4)
DOI	10.11648/j.ajtab.20210704.11
Page(s)	72-80
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Commercial Banks, Profitability, Bangladesh, Private Commercial Banks

References

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Mosaddak Ahmed Chowdhury, Md. Abdul Gaffar Salman. (2021). Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. American Journal of Theoretical and Applied Business, 7(4), 72-80. https://doi.org/10.11648/j.ajtab.20210704.11

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Mosaddak Ahmed Chowdhury; Md. Abdul Gaffar Salman. Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. Am. J. Theor. Appl. Bus. 2021, 7(4), 72-80. doi: 10.11648/j.ajtab.20210704.11

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Mosaddak Ahmed Chowdhury, Md. Abdul Gaffar Salman. Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. Am J Theor Appl Bus. 2021;7(4):72-80. doi: 10.11648/j.ajtab.20210704.11

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@article{10.11648/j.ajtab.20210704.11,
  author = {Mosaddak Ahmed Chowdhury and Md. Abdul Gaffar Salman},
  title = {Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {7},
  number = {4},
  pages = {72-80},
  doi = {10.11648/j.ajtab.20210704.11},
  url = {https://doi.org/10.11648/j.ajtab.20210704.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20210704.11},
  abstract = {This paper tries to investigate the determinants of profitability for Bangladeshi private commercial banks. The return on assets (ROA) and return on equity (ROE) are two important variables that have been used in this study to indicate profitability. The study considered a set of independent variables such as bank-specific factors that comprise bank size, capital adequacy, asset quality, liquidity, deposits, asset management, operational efficiency; and macroeconomic factors such as GDP growth rate, inflation rate, interest rate and exchange rate. The data for 25 private commercial banks from Bangladesh over the period of 2012 to 2019 have been analyzed. Overall, the findings are satisfactory. The capital adequacy ratio, asset management ratio and GDP growth rate are found to have significant positive impact on ROA and ROE of the private commercial banks in Bangladesh. The asset quality, liquidity and deposit ratios also have a significant positive impact on ROE; and an insignificant positive impact on ROA. The cost to income ratio and bank size both have a negative association with ROA and ROE. These imply some sort of scale inefficiencies and problems in minimizing costs associated with increasing equity. The conclusion prioritizes that the financial sector authority in Bangladesh should continue their current role towards having a sustainable banking industry and thus having the economic growth, welfare and prosperity of the nation.},
 year = {2021}
}

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TY  - JOUR
T1  - Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks
AU  - Mosaddak Ahmed Chowdhury
AU  - Md. Abdul Gaffar Salman
Y1  - 2021/10/30
PY  - 2021
N1  - https://doi.org/10.11648/j.ajtab.20210704.11
DO  - 10.11648/j.ajtab.20210704.11
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 72
EP  - 80
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20210704.11
AB  - This paper tries to investigate the determinants of profitability for Bangladeshi private commercial banks. The return on assets (ROA) and return on equity (ROE) are two important variables that have been used in this study to indicate profitability. The study considered a set of independent variables such as bank-specific factors that comprise bank size, capital adequacy, asset quality, liquidity, deposits, asset management, operational efficiency; and macroeconomic factors such as GDP growth rate, inflation rate, interest rate and exchange rate. The data for 25 private commercial banks from Bangladesh over the period of 2012 to 2019 have been analyzed. Overall, the findings are satisfactory. The capital adequacy ratio, asset management ratio and GDP growth rate are found to have significant positive impact on ROA and ROE of the private commercial banks in Bangladesh. The asset quality, liquidity and deposit ratios also have a significant positive impact on ROE; and an insignificant positive impact on ROA. The cost to income ratio and bank size both have a negative association with ROA and ROE. These imply some sort of scale inefficiencies and problems in minimizing costs associated with increasing equity. The conclusion prioritizes that the financial sector authority in Bangladesh should continue their current role towards having a sustainable banking industry and thus having the economic growth, welfare and prosperity of the nation.
VL  - 7
IS  - 4
ER  -

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Author Information

Mosaddak Ahmed Chowdhury

Department of Business Administration, Shahjalal University of Science & Technology, Sylhet, Bangladesh
Md. Abdul Gaffar Salman

Ignite Education – Institute of Research & Creative Learning, Sylhet, Bangladesh

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APA Style

Mosaddak Ahmed Chowdhury, Md. Abdul Gaffar Salman. (2021). Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. American Journal of Theoretical and Applied Business, 7(4), 72-80. https://doi.org/10.11648/j.ajtab.20210704.11

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ACS Style

Mosaddak Ahmed Chowdhury; Md. Abdul Gaffar Salman. Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. Am. J. Theor. Appl. Bus. 2021, 7(4), 72-80. doi: 10.11648/j.ajtab.20210704.11

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AMA Style

Mosaddak Ahmed Chowdhury, Md. Abdul Gaffar Salman. Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks. Am J Theor Appl Bus. 2021;7(4):72-80. doi: 10.11648/j.ajtab.20210704.11

Copy | Download

@article{10.11648/j.ajtab.20210704.11,
  author = {Mosaddak Ahmed Chowdhury and Md. Abdul Gaffar Salman},
  title = {Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {7},
  number = {4},
  pages = {72-80},
  doi = {10.11648/j.ajtab.20210704.11},
  url = {https://doi.org/10.11648/j.ajtab.20210704.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20210704.11},
  abstract = {This paper tries to investigate the determinants of profitability for Bangladeshi private commercial banks. The return on assets (ROA) and return on equity (ROE) are two important variables that have been used in this study to indicate profitability. The study considered a set of independent variables such as bank-specific factors that comprise bank size, capital adequacy, asset quality, liquidity, deposits, asset management, operational efficiency; and macroeconomic factors such as GDP growth rate, inflation rate, interest rate and exchange rate. The data for 25 private commercial banks from Bangladesh over the period of 2012 to 2019 have been analyzed. Overall, the findings are satisfactory. The capital adequacy ratio, asset management ratio and GDP growth rate are found to have significant positive impact on ROA and ROE of the private commercial banks in Bangladesh. The asset quality, liquidity and deposit ratios also have a significant positive impact on ROE; and an insignificant positive impact on ROA. The cost to income ratio and bank size both have a negative association with ROA and ROE. These imply some sort of scale inefficiencies and problems in minimizing costs associated with increasing equity. The conclusion prioritizes that the financial sector authority in Bangladesh should continue their current role towards having a sustainable banking industry and thus having the economic growth, welfare and prosperity of the nation.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - Bank-specific & Macroeconomic Determinants of Profitability: Empirical Evidence from Bangladeshi Private Commercial Banks
AU  - Mosaddak Ahmed Chowdhury
AU  - Md. Abdul Gaffar Salman
Y1  - 2021/10/30
PY  - 2021
N1  - https://doi.org/10.11648/j.ajtab.20210704.11
DO  - 10.11648/j.ajtab.20210704.11
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 72
EP  - 80
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20210704.11
AB  - This paper tries to investigate the determinants of profitability for Bangladeshi private commercial banks. The return on assets (ROA) and return on equity (ROE) are two important variables that have been used in this study to indicate profitability. The study considered a set of independent variables such as bank-specific factors that comprise bank size, capital adequacy, asset quality, liquidity, deposits, asset management, operational efficiency; and macroeconomic factors such as GDP growth rate, inflation rate, interest rate and exchange rate. The data for 25 private commercial banks from Bangladesh over the period of 2012 to 2019 have been analyzed. Overall, the findings are satisfactory. The capital adequacy ratio, asset management ratio and GDP growth rate are found to have significant positive impact on ROA and ROE of the private commercial banks in Bangladesh. The asset quality, liquidity and deposit ratios also have a significant positive impact on ROE; and an insignificant positive impact on ROA. The cost to income ratio and bank size both have a negative association with ROA and ROE. These imply some sort of scale inefficiencies and problems in minimizing costs associated with increasing equity. The conclusion prioritizes that the financial sector authority in Bangladesh should continue their current role towards having a sustainable banking industry and thus having the economic growth, welfare and prosperity of the nation.
VL  - 7
IS  - 4
ER  -

Copy | Download