Determinants of deposits in Lebanese commercial banks-evidence from non-resident depositors

Motivated by the continuous increase of non-residents deposits in Lebanon, this paper will try to investigate the determinants of these inflows from the perspective of foreign depositors. Through the use of 65 questionnaires filled by non resident depositors, this study found that there are some int...

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Bibliographic Details
Main Author: El Khoury, Rim (author)
Other Authors: Kanj, Olga (author)
Format: article
Published: 2013
Online Access:http://hdl.handle.net/10725/15019
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.researchgate.net/publication/292276034_Determinants_of_Deposits_in_Lebanese_Commercial_Banks-_Evidence_from_Non-resident_Depositors
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Summary:Motivated by the continuous increase of non-residents deposits in Lebanon, this paper will try to investigate the determinants of these inflows from the perspective of foreign depositors. Through the use of 65 questionnaires filled by non resident depositors, this study found that there are some internal, external, bank related, social and behavioral factors that might affect non-resident deposits in Lebanese banks. More specifically, nonresident deposits respond positively to social factors such as abundance of relatives and frequent visits, positively to bank related factors such as the availability of e-banking, more international branches, and high interest rate, but negatively to external factors such as war. However, there was no support that bad political situation in Lebanon affected non-resident deposits. The findings suggest that banks should improve the convenience of access to funds of depositors and adopt more international standards to have better ratings in order to attract more deposits.