Banks in the MENA region: struggling to keep their cool in a hot climate
Syed Faisal Shah,
Waqas Mehmood,
Mohamed Albaity
Abstract:PurposeThis study examines the impact of climate change vulnerability, fintech and investor sentiment on bank performance in the MENA region.Design/methodology/approachThe two-step Generalized Method of Moments (GMM) estimator was employed to investigate 166 listed banks in the Middle East and North Africa (MENA) region, covering the last decade.FindingsThe study revealed mixed findings about climate change vulnerability. The study identified that factors such as capacity, habitat, infrastructure, sensitivity … Show more
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