چکیده:
Since 1984 Iranian banks has been operating under Islamic principles. This paper
investigates dynamics of loans and the difficulties that Iranian banking system
was facing. During the period of Islamic banking in Iran, banks experienced a
significant increase in the supply of loans. Many factors have affected the
behavior of banks in lending operations, the most important of which include
rate of return, inflation, and government intervention. In this paper, a
descriptive analysis and an error-correction model are carried out to
investigate the behavior of lending activities in Iranian banks. The results
indicate that government intervention, which aims managing of funds, has played
the more important role than that of economic factors.
خلاصه ماشینی:
"Keywords: Islamic banking, lending operations, rate of return, total deposits, inflation, government intervention, causality, erogeneity, endogeneity.
Descriptive Analysis of the Behavior of Lending operations in Iranian Banks Of the implementation of interest-free banking in Iran, the Bank Markazi (CBI) established the minimum and maximum expected rate of return in various economic sectors, and also each mode of financing for lending activities of banks.
The model regresses the supply of loans in Iranian banks against the average rate of return, total deposits and the rate of inflation during the period of first decade (1984-1994) of Islamic banking experience in Iran.
The equation for the model used in this study is: SLt= b0+ b1Rt+ b2TDt+ b3It+ e (1) Where dependent variables is: SLt= Supply of loans in period t, Independent variables are: Rt= Average rate of return on loans in period t, TDt= Total deposits in banks in period t, It= Rate of inflation in period t, bi= Parameter to be estimated et= Stationary disturbance term ______________________________ [1] - Carter, H.
] The general conclusion is; given the financial needs of the economy in that period, the constraints imposed by the government on banks to grant low-cost loans and the inflationary situation of the Iranian economy, it is not unexpected that the rate of return on loans is insignificant, and that there is a positive relationship between the changes in the supply of loans and the changes in the rate of inflation in the result of the ECM."