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Journals / Sosyoekonomi / 2026 / Cilt: 34 Sayı: 68

The Relationship Between Banks’ Noninterest Income and Systematic Risk

Bankaların Faiz Dışı Gelirleri ile Sistematik Risk Arasındaki İlişki

Cemil Şenel(ANKARA HACI BAYRAM VELİ ÜNİVERSİTESİ)0000-0001-6506-6842
Pages
293–311
Publication Date
2026-04-28
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The study uniquely captures Türkiye’s structural context and the complex influence of non-interest income on systematic risk.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study empirically investigates the impact of non-interest income components on the systematic risk of banks listed on Borsa Istanbul in Türkiye.
📊
Key Findings & Data:Quarterly panel data from 2008 to 2023 were analysed using panel least squares regression, including dummy variables for the global financial crisis, exchange rate crisis, and pandemic.
💡
Conclusion & Impact:The study uniquely captures Türkiye’s structural context and the complex influence of non-interest income on systematic risk.
🔬Design:Araştırma Makalesi
📍Scope:2008 Verileri
⚙️Variables:Banka · Sistematik Risk · MES

Abstract

This study empirically investigates the impact of non-interest income components on the systematic risk of banks listed on Borsa Istanbul in Türkiye. Quarterly panel data from 2008 to 2023 were analysed using panel least squares regression, including dummy variables for the global financial crisis, exchange rate crisis, and pandemic. Bank size and weekly returns decrease systematic risk; non-interest income effects vary with macroeconomic shocks. An exchange rate crisis increased risk, while leverage reduced it. The study uniquely captures Türkiye’s structural context and the complex influence of non-interest income on systematic risk.

Özet

Bu çalışma, Türkiye’de Borsa İstanbul’da işlem gören bankaların faiz dışı gelir bileşenlerinin sistematik risk üzerindeki etkisini ampirik olarak incelemektedir. 2008-2023 dönemine ait çeyreklik panel veri, küresel finansal kriz, döviz krizi ve pandemi dönemlerini temsil eden dummy değişkenler dahil edilerek panel en küçük kareler regresyonuyla analiz edilmiştir. Banka büyüklüğü ve haftalık getiri sistematik riski azaltırken, faiz dışı gelirlerin etkisi makroekonomik şoklara bağlı olarak değişmektedir. Döviz krizi riski artırmış, kaldıraç ise riski negatif yönde etkilemiştir. Çalışma, Türkiye’nin özgün yapısını ve faiz dışı gelirlerin sistematik risk üzerindeki çok boyutlu etkisini ortaya koymaktadır.

🔖

Cite This Article

Şenel, C. (2026). The Relationship Between Banks’ Noninterest Income and Systematic Risk. Sosyoekonomi, Cilt: 34 Sayı: 68, 293–311. https://doi.org/10.17233/sosyoekonomi.2026.02.12

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