The impact of trade openness on the cost of financial intermediation and bank performance: evidence from BRICS countries

Purpose The purpose of this paper is to examine the impact of trade openness on the cost of financial intermediation and bank performance. Developed and developing countries are currently pursuing trade openness to achieve higher bank performance with less intermediation costs. Design/methodology/approach In attaining the study's objectives, several regression methodologies were employed (i.e. system generalized method of moments (GMM), fixed...