IDEAS home Printed from
   My bibliography  Save this article

Determinants of Financial Moroccan Banks Performance: Approach by the Cointegration Method


  • Bayoud Sara

    (PhD Student, FSJES Souissi, Mohammed V University Rabat, Maroc)

  • Sifouh Nabil

    (PhD Student, FSJES Souissi, Mohammed V University Rabat, Maroc)

  • Chemlal Mohamed

    (Research Professor, FSJES Souissi, Mohammed V University Rabat, Maroc)


The purpose of this paper is to test the long-term relationship between banks financial performance and two groups of variables, internal variables specific to the bank, and exogenous macroeconomic variables. To appreciate this long-term relationship, we applied the Fully Modified Ordinary Least Squares FMOLS method as a technique for estimation cointegrated panel data. Over a period of 26 semesters (2004 to 2016), our results show that a set of internal variables explains the financial performance of banks. As for external factors, economic growth explains this performance, while inflation has no predictive power of performance at least for our sample of the main Moroccan listed banks.

Suggested Citation

  • Bayoud Sara & Sifouh Nabil & Chemlal Mohamed, 2018. "Determinants of Financial Moroccan Banks Performance: Approach by the Cointegration Method," Mediterranean Journal of Social Sciences, Sciendo, vol. 9(4), pages 141-148, July.
  • Handle: RePEc:vrs:mjsosc:v:9:y:2018:i:4:p:141-148:n:14

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Banking performance; ROA; ROE; Cointegration; FMOLS;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:mjsosc:v:9:y:2018:i:4:p:141-148:n:14. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.