Are non-performing loans sensitive to macroeconomic determinants? an empirical evidence from banking sector of SAARC countries

Future Business Journal

Table 7 Pooled OLS estimation

L_NPLs	Coef	St. Err	t-value	p-value	[95% Conf	interval]	Sig
L_M3	−0.804	0.269	−2.99	0.004	−1.337	−0.27	***
L_EXC	−0.308	0.11	−2.80	0.006	−0.526	−0.089	***
GDP	−0.101	0.021	−4.71	0	−0.143	−0.058	***
BUG	0.015	0.022	0.70	0.485	−0.028	0.058
INF	−0.029	0.015	−1.96	0.054	−0.058	0	*
L_DEBT	0.265	0.12	2.21	0.03	0.027	0.502	**
Constant	6.153	0.987	6.23	0	4.191	8.115	***
Mean dependent var	1.825	SD dependent var	0.757
R-squared	0.328	Number of obs	96
F-test	7.240	Prob > F	0.000
Akaike crit. (AIC)	193.775	Bayesian crit. (BIC)	211.726