Effect of Financial Inclusion on Financial Stability: Countrys by Income Level Clasiffication, 2004-2014

Financial inclusion has become a main key for financial service development yet this should also consider stability. The Asian crisis 1997 and the Global 2008 gave us lesson of how important to maintain Thus, services sector through is expected impact stability countries income levels. This study aims determine effect relation in many based on their level during 2004-2014. used unbalanced panel data regression with fixed model. results showed that proxied by commercial bank outstanding deposit positive unsignignificant high upper-middle countries, negative significant lower-middle low countries. Meanwhile, loan upper middle result opposite which unsignificant effect,