Sustainable development and bank non-performing loans: are they correlated?
Peterson Ozili
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper investigates the correlation between banking sector non-performing loans and the level of sustainable development. The findings reveal a significant positive correlation between banking sector non-performing loans and the level of sustainable development measured by the sustainable development index. The significant positive correlation is evident in European countries and in countries in the region of the Americas. There is a significant negative correlation between banking sector non-performing loans and achieving SDG3 and SDG7 in African countries and European countries. There is also a significant negative correlation between non-performing loans and achieving SDG10 in European countries. There is a significant positive correlation between banking sector non-performing loans and achieving SDG4 and SDG7 in the region of the Americas. There is also a significant positive correlation between non-performing loans and achieving SDG10 in African countries and in countries in the region of the Americas.
Keywords: sustainable development; non-performing loans; sustainable development goals; SDGs; SDG3; SDG4; SDG7; SDG10; sustainable development index; correlation. (search for similar items in EconPapers)
JEL-codes: G21 G23 Q01 (search for similar items in EconPapers)
Date: 2023-01-02
New Economics Papers: this item is included in nep-env and nep-mac
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Citations: View citations in EconPapers (1)
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Journal Article: Sustainable development and bank non-performing loans: are they correlated? (2023) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117807
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