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Cointegration of Banking Performance on World Oil Prices

Research output: Contribution to journalArticlepeer-review

Abstract

This study investigates the cointegration between banking performance and global oil prices from 2014 to 2021. Using the Augmented Dickey-Fuller (ADF) test for cointegration analysis, the research examines the relationships between global crude oil prices and banking performance indicators such as Return on Assets (ROA), Return on Equity (ROE), Price to Book Value (PBV), and Loan to Deposit Ratio (LDR). The findings reveal significant cointegration between global crude oil prices and the banking performance variables. Notably, an inverse correlation was observed in 2021, indicating a deviation from the established pattern.

Original languageEnglish
Pages (from-to)1133-1142
Number of pages10
JournalJournal of Ecohumanism
Volume3
Issue number4
DOIs
Publication statusPublished - 3 Aug 2024

Keywords

  • Bank Performance
  • Cointegration
  • LDR and OIL Price
  • PBV
  • RoA
  • RoE

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