The Effect of Competition in the Banking Industry and Economic Growth on Financial Inclusion (Case Study: ECO Countries)

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Teimory Samira; Sohaili Kiomars; Fattahi Shahram

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: APPLIED THEORIES OF ECONOMICS Year:2025 | Volume:11 | Issue:4 Page(s): 155-174

Download Full-Text

Persian Verion

View:

Download:

Cites:

Information Journal Paper

Title

The Effect of Competition in the Banking Industry and Economic Growth on Financial Inclusion (Case Study: ECO Countries)

Author(s)

Teimory Samira | Sohaili Kiomars | Fattahi Shahram | Issue Writer Certificate

Keywords

Financial Inclusion

banking competition

Economic growth

Abstract

Financial inclusion, which refers to the access of individuals, firms, and businesses to quality and affordable financial products and services responsibly and sustainably, plays an important role in enhancing the living standards of low-income households, increasing opportunities for the growth and development of small and medium-sized enterprises, reducing poverty and inequality, and improving financial stability. Various factors, including competition in the banking industry and economic growth, influence financial inclusion. This article addresses the critical significance of accurate and scientific estimation of the impact of these factors on financial inclusion. The panel autoregressive distributed lag (ARDL-PMG) model is the econometric method employed, and the data utilized are associated with ECO member countries from 2004 to 2020.The results indicate that economic growth enhances the demand for financial services, resulting in the emergence of new financial institutions and markets to meet this increasing demand. Additionally, the results suggest that the heightened competition in the banking sector considerably enhances financial inclusion. The market power in the financial industry intends to restrict the supply of loans and raise interest rates, exacerbating the cost of financing for firms. As a result of increased competition, banks with lower profit margins are compelled to implement a customer-centric approach. Finally, the results suggest that enhancing competition in the banking industry and reducing market influence are critical strategies for enhancing financial inclusion in the country's banking system.

Multimedia

No record.

Cites

No record.

References

No record.

Cite

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans