JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The Implications of Cross Border Banking and Funding Strategy for Risk and Return
Author(s): Mohammed Amidu, William Coffie, Haruna Issahaku, Aisha Mohammed Sissy
Citation: Mohammed Amidu, William Coffie, Haruna Issahaku, Aisha Mohammed Sissy, (2018) "The Implications of Cross Border Banking and Funding Strategy for Risk and Return," Journal of Applied Business and Economics, Vol. 20, Iss.4, pp. 93-119
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper investigates the effects of cross-border banking and funding modes on risk and return. We
sample 320 banks across 29 African countries and employ System GMM estimator as a methodological
approach to shed further light on the funding sources-stability nexus by examining the complex
interaction between three key constructs: cross-border banking, funding strategy, and bank stability and
return. We find that though cross border banking increases insolvency risk, it promotes deposit funding
which in turn decreases insolvency risk, implying that when banks cross border, they reduce their
inherent instability by employing more of less risky deposit funds and less of wholesale and internally
generated funds. Our results also suggest that banks that finance their operations with deposit funds are
more profitable than those who employ wholesale and internal funds.