The impact of financial risks on commercial banks’ financial stability: empirical evidence from MENA countries

الملخص EN

This paper examines the impact of financial risks on commercial banks' financial stability, using a sample of 140 commercial banks listed in the stock markets operating in the MENA countries, and balanced annual data extending from 2011 to 2020.

we applied a panel-corrected standard error (PCSE) estimator.

the results show that there is a significant negative impact of the operational risk, liquidity risk, and credit risk on commercial banks' financial stability, while the interest rate risk has a significant positive impact on commercial banks' financial stability.