Variables

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(1) NPL

1.000

(2) PAR

−0.730

1.000

(3) Fin

−0.108

−0.028

1.000

(4) CAR

−0.153

0.202

0.459

1.000

(5) ROA

−0.289

0.312

0.048

0.400

1.000

(6) Ldr

0.332

−0.341

0.211

−0.107

−0.128

1.000

(7) GDP

−0.020

−0.007

−0.134

−0.102

0.104

−0.274

1.000

(8) M2

−0.130

0.077

0.110

−0.003

−0.021

−0.293

0.702

1.000