Realizing opportunities: the influence of FinTech on the success of MENA banks

<p dir="ltr">This paper investigates the impact of FinTech on MENA financial institutions’ profitability. Data have been gathered using the Refinitiv Eikon platform, and from annual reports and the World Bank database for banks included in 11 countries in the MENA region. The sample...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bashar Abukhalaf (21488780) (author)
مؤلفون آخرون: Adel Al-Sharkas (22504304) (author), Adel Sarea (22504307) (author)
منشور في: 2025
الموضوعات:
الوسوم: إضافة وسم
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author Bashar Abukhalaf (21488780)
author2 Adel Al-Sharkas (22504304)
Adel Sarea (22504307)
author2_role author
author
author_facet Bashar Abukhalaf (21488780)
Adel Al-Sharkas (22504304)
Adel Sarea (22504307)
author_role author
dc.creator.none.fl_str_mv Bashar Abukhalaf (21488780)
Adel Al-Sharkas (22504304)
Adel Sarea (22504307)
dc.date.none.fl_str_mv 2025-06-04T03:00:00Z
dc.identifier.none.fl_str_mv 10.1007/s43621-025-01374-8
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Realizing_opportunities_the_influence_of_FinTech_on_the_success_of_MENA_banks/30588752
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Econometrics
Information and computing sciences
Data management and data science
FinTech index
Data text mining
Financial sector
Bank performance
MENA
Tobit regression
dc.title.none.fl_str_mv Realizing opportunities: the influence of FinTech on the success of MENA banks
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">This paper investigates the impact of FinTech on MENA financial institutions’ profitability. Data have been gathered using the Refinitiv Eikon platform, and from annual reports and the World Bank database for banks included in 11 countries in the MENA region. The sample comprised 63 banks during the past 14 years (2010–2023). Text mining was applied to all banks’ annual reports to create a FinTech index measure. Additionally, Tobit regression was applied to empirically explore the impact of the FinTech Index on MENA banks' profitability, controlling for firm characteristics (such as size, capital adequacy and market share) and macroeconomic variables (such as GDP and inflation). Our results suggest that greater FinTech inclusion in banks increases profitability, with larger banks, adequate capital banks, and banks with larger market share all expected to perform better. Similarly, our results suggest that macroeconomic variables (GDP and inflation) affect bank profitability positively. This implies that top-level managers should incorporate greater use of FinTech into their long-term decision-making to enhance performance. The results are robust based on the Maximum Likelihood Estimator (MLE) regression results.</p><h2>Other Information</h2><p dir="ltr">Published in: Discover Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s43621-025-01374-8" target="_blank">https://dx.doi.org/10.1007/s43621-025-01374-8</a></p>
eu_rights_str_mv openAccess
id Manara2_0ecaaecfa79e9e55bfa6ebd98b575f78
identifier_str_mv 10.1007/s43621-025-01374-8
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/30588752
publishDate 2025
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rights_invalid_str_mv CC BY 4.0
spelling Realizing opportunities: the influence of FinTech on the success of MENA banksBashar Abukhalaf (21488780)Adel Al-Sharkas (22504304)Adel Sarea (22504307)Commerce, management, tourism and servicesBanking, finance and investmentEconomicsApplied economicsEconometricsInformation and computing sciencesData management and data scienceFinTech indexData text miningFinancial sectorBank performanceMENATobit regression<p dir="ltr">This paper investigates the impact of FinTech on MENA financial institutions’ profitability. Data have been gathered using the Refinitiv Eikon platform, and from annual reports and the World Bank database for banks included in 11 countries in the MENA region. The sample comprised 63 banks during the past 14 years (2010–2023). Text mining was applied to all banks’ annual reports to create a FinTech index measure. Additionally, Tobit regression was applied to empirically explore the impact of the FinTech Index on MENA banks' profitability, controlling for firm characteristics (such as size, capital adequacy and market share) and macroeconomic variables (such as GDP and inflation). Our results suggest that greater FinTech inclusion in banks increases profitability, with larger banks, adequate capital banks, and banks with larger market share all expected to perform better. Similarly, our results suggest that macroeconomic variables (GDP and inflation) affect bank profitability positively. This implies that top-level managers should incorporate greater use of FinTech into their long-term decision-making to enhance performance. The results are robust based on the Maximum Likelihood Estimator (MLE) regression results.</p><h2>Other Information</h2><p dir="ltr">Published in: Discover Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s43621-025-01374-8" target="_blank">https://dx.doi.org/10.1007/s43621-025-01374-8</a></p>2025-06-04T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s43621-025-01374-8https://figshare.com/articles/journal_contribution/Realizing_opportunities_the_influence_of_FinTech_on_the_success_of_MENA_banks/30588752CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/305887522025-06-04T03:00:00Z
spellingShingle Realizing opportunities: the influence of FinTech on the success of MENA banks
Bashar Abukhalaf (21488780)
Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Econometrics
Information and computing sciences
Data management and data science
FinTech index
Data text mining
Financial sector
Bank performance
MENA
Tobit regression
status_str publishedVersion
title Realizing opportunities: the influence of FinTech on the success of MENA banks
title_full Realizing opportunities: the influence of FinTech on the success of MENA banks
title_fullStr Realizing opportunities: the influence of FinTech on the success of MENA banks
title_full_unstemmed Realizing opportunities: the influence of FinTech on the success of MENA banks
title_short Realizing opportunities: the influence of FinTech on the success of MENA banks
title_sort Realizing opportunities: the influence of FinTech on the success of MENA banks
topic Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Econometrics
Information and computing sciences
Data management and data science
FinTech index
Data text mining
Financial sector
Bank performance
MENA
Tobit regression