Impact of Diversification on Bank Stability: Evidence from Emerging and Developing Countries

Table 1

Sampled countries with their average IDV, NIM, and ROA.

Country	Mean of IDV	Mean of NIM	Mean of ROA
Algeria	0.258335	0.032812	0.009022
Angola	0.506414	0.145925	0.019593
BENIN	0.439087	0.037022	0.008119
Botswana	0.341577	0.056173	0.027898
Burkina Faso	0.477289	0.042858	0.012928
Burundi	0.333534	0.086208	0.025255
Cameroon	0.446939	0.048705	0.012171
Central African Republic	0.238344	0.137557	0.009108
Chad	0.359742	0.077775	0.014087
Congo, Dem. rep.	0.559453	0.094292	0.008304
Cote d’Ivoire	0.513702	0.043966	0.012865
Djibouti	0.296523	0.039014	0.012218
Egypt, Arab Rep.	0.381415	0.026105	0.009863
Equatorial Guinea	0.448999	0.0273	0.012231
Ethiopia	0.459691	0.045279	0.025969
Gabon	0.432674	0.061471	0.015639
The Gambia	0.452366	0.08972	0.031549
Ghana	0.343201	0.11314	0.036873
Guinea	0.527185	0.088862	0.024875
Kenya	0.358636	0.078988	0.026903
Lesotho	0.401903	0.090342	0.027827
Liberia	0.488689	0.015466	0.005407
Libya	0.494327	0.075696	0.005368
Madagascar	0.347752	0.127554	0.028389
Malawi	0.367153	0.050403	0.042038
Mali	0.433068	0.049956	0.011595
Mauritania	0.541244	0.03103	0.011352
Mauritius	0.434397	0.035465	0.018623
Morocco	0.282841	0.076388	0.009874
Mozambique	0.413518	0.066271	0.013444
Namibia	0.307576	0.056289	0.032603
Niger	0.436832	0.077041	0.01358
Nigeria	0.390667	0.100172	0.013194
Rwanda	0.344301	0.052381	0.023524
Senegal	0.385161	0.046265	0.015321
Seychelles	0.315204	0.117188	0.019849
Sierra Leone	0.405087	0.036899	0.034395
South Africa	0.435106	0.058981	0.011088
Sudan	0.543881	0.076453	0.008606
Tanzania	0.340522	0.040039	0.021598
Togo	0.593369	0.029274	0.014734
Tunisia	0.355928	0.106324	0.006225
Uganda	0.259338	0.087501	0.032223
Zambia	0.416945	0.087501	0.014048
Zimbabwe	0.419096	0.226947	0.029484

Source: author estimates (2022).