Determinants of Loan Loss Provisioning for Commercial Banks in the United Kingdom

This timely empirical study investigates the determinants of loan loss provisioning for commercial banks in the United Kingdom. A sample of 23 commercial banks in the UK are used in a dynamic panel dataset covering a period of 8 years from 2006 to 2013. This period is of great value for research sin...

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Bibliographic Details
Main Author: Li, Yuzhu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27463/
Description
Summary:This timely empirical study investigates the determinants of loan loss provisioning for commercial banks in the United Kingdom. A sample of 23 commercial banks in the UK are used in a dynamic panel dataset covering a period of 8 years from 2006 to 2013. This period is of great value for research since it covers a period of transition from Basel I to II and global financial crisis from 2008 to 2009. Loan loss provisions are found to be procyclical with a negative relationship with GDP growth rate during this period. Income smoothing and capital management were also found to be significant in this study. Z-score, which measures insolvency risk, is found to be negatively related to LLPs. It indicated that a high of loan loss provisions is associated with insolvency to a certain degree. However, there is no evidence showing that technical efficiency affects loan loss provisions of commercial banks in the UK.