:: year 9, Issue 28 (Summer 2016) ::
JMBR 2016, 9(28): 171-198 Back to browse issues page
Effects of Sanctions of the Iranian Banking System on Profitability
Masoud Keimasi, Amirhossien Ghafarinejad 1, Solmaz Rezaei
Abstract:   (5033 Views)

 This study aims to investigate the effect of sanctions on the banking system and its impact on the profitability of 22 Iranian Banks during years 2007-2014. The method of the study is feasible generalized least squares (FGLS). The result shows that the central bank and swift sanctions (directly) and blocking a large amount of oil by making stagflation situation (indirectly) has a negative impact on profitability ratios. Furthermore, banks sanctions by refusing letters of credit (LC) through banks of other countries has negative effects on both of return on assets and return on equity.

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Type of Study: Theoretical Article | Subject: Monetary Policy, Central Banking, and the Supply of Money and Credit (E5)
Received: 2015/08/15 | Accepted: 2017/01/4 | Published: 2017/05/22


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year 9, Issue 28 (Summer 2016) Back to browse issues page