Table 1.

Banks by year, size, and geographic location.

Panel A Sample by Country and Bank Size Country Banks N Big Small Argentina 9 78 4 5 Bahrain 26 169 19 7 Bangladesh 53 336 37 16 Bulgaria 24 140 13 11 Croatia 36 220 11 25 Estonia 12 69 3 9 Jordan 19 130 15 4 Kenya 45 243 14 31 Kuwait 12 82 10 2 Lebanon 38 226 27 11 Lithuania 9 54 6 3 Mauritius 24 126 11 13 Morocco 17 92 10 7 Nigeria 35 194 22 13 Oman 17 108 11 6 Pakistan 32 194 24 8 Romania 28 155 16 12 Serbia 29 200 12 17 Slovenia 21 108 16 5 Sri Lanka 23 147 13 10 Tunisia 26 177 11 15 Vietnam 32 181 29 3 Total 567 3429 334 233

Panel B Sample by Year, Size and Region Year Bank N Big Small Africa Americas Asia Europe Middle East 2011 46 286 35 11 6 1 13 14 13 2012 44 304 30 14 10 1 6 19 9 2013 78 464 44 34 11 1 25 25 14 2014 76 452 41 35 13 2 24 23 14 2015 76 452 45 31 19 2 21 23 11 2016 90 530 52 38 17 3 24 26 20 2017 86 509 55 31 16 2 21 27 20 2018 71 432 40 31 14 2 17 23 15 Total 567 3429 334 233 106 14 151 180 116

Note: Banks with total assets greater than 1 billion USD are considered big as per Siems et al. (1992) and Navaretti et al. (2019); small otherwise. Asia includes: Bangladesh, Pakistan, Vietnam, Sri Lanka | Africa includes: Kenya Mauritius Morocco Nigeria Tunisia | Americas countries include: Argentina | European countries include: Croatia, Estonia, Lithuania, Romania, Serbia, Slovenia | Middle Eastern countries include: Bahrain, Jordan, Kuwait, Lebanon, Oman.