Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/37551
Title: THE RISK EFFECTS OF REAL ESTATE EXPOSE IN THE BANKING INDUSTRY: THE GCC EVIDENCE
Authors: MOHAMAD KHAIRUL BIN ABDULLAH
Keywords: Real estate exposure, banking, financial stability, GCC, real estate equity, real estate debt
Issue Date: 15-Jan-2013
Source: MOHAMAD KHAIRUL BIN ABDULLAH (2013-01-15). THE RISK EFFECTS OF REAL ESTATE EXPOSE IN THE BANKING INDUSTRY: THE GCC EVIDENCE. ScholarBank@NUS Repository.
Abstract: Despite the prevalence of Gulf Cooperation Council (GCC) bank¿s investing in real estate as a means of diversifying into non-lending activities and the natural reliance of asset-based Islamic banks to real estate, no research has directly tested the relationship between bank¿s stability. Utilizing listed GCC banks balance sheet real estate debt and equity exposure, this study uses these indicators of real estate exposure to explain the fluctuation in banks financial stability, the Z-score. Empirical results show that banks real estate loan and equity exposure negatively affects financial stability. On the contrary, real estate exposure of Islamic banks has a positive relationship with financial stability. The results persist across different subsamples, subperiods and alternative risk measure. The asymmetric effect between Islamic and conventional bank real estate exposure may highlight the inherent differences in their business operation and ability to source for lower risk real estate assets.
URI: http://scholarbank.nus.edu.sg/handle/10635/37551
Appears in Collections:Master's Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Mohamad Khairul Bin Md Yatim - 2013.pdf319.12 kBAdobe PDF

OPEN

NoneView/Download

Page view(s)

266
checked on Dec 11, 2017

Download(s)

17
checked on Dec 11, 2017

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.