scholarly journals The determinants of bank efficiency in Central Asia

2014 ◽  
Vol 12 (1) ◽  
pp. 656-670 ◽  
Author(s):  
Khurshid Djalilov ◽  
Jenifer Piesse
Keyword(s):  
Central Asia ◽  
Market Economy ◽  
Banking Sector ◽  
Foreign Ownership ◽  
Baltic States ◽  
Profit Efficiency ◽  
Bank Efficiency ◽  
Private Banks ◽  
The Baltic

This paper examines progress in the transition to a market economy of the banking sector of Central Asia (CA), a region that was late to take on reform and which has largely been ignored in the literature. A comparison to other previous Soviet Republics shows that the banks in the Baltic States have higher profit efficiency compared to those in CA. The results also suggest that state owned banks are less profit efficient than private banks although foreign ownership is not a factor in efficiency levels of banks in Central Asia

scholarly journals Re-interpretation of the Nationalism-Economy Nexus: Nation-State Building via Neoliberal Reforms During Post-Socialist Transformations in the Baltic States

2021 ◽  
Vol 32 (2) ◽  
Author(s):  
Karolis Dambrauskas
Keyword(s):  
Market Economy ◽  
State Building ◽  
Nation State ◽  
Theoretical Level ◽  
Baltic States ◽  
Neoliberal Reforms ◽  
State And Market ◽  
The Baltic ◽  
Soviet Experience

Building on the latest scholarship in the nationalism-economy nexus studies, the article examines how nationalism inhabits other ideologies in the economic realm. Firstly, the article presents the latest strands in the nationalism-economy nexus research, namely compatibility between economy and nationalism understood as ideology. Then, using Foucault’s concept of governmentality, the article shows how the two phenomena are compatible on the theoretical level. Going further, the article connects the latest nationalism-economy nexus scholarship with existing literature on national neoliberalism in the post-socialist Baltic states. The article argues that national neoliberalism in the Baltics provides an example of what the compatibility of nationalism and economy may look like in practice. The Baltic states’ Soviet experience encouraged their elites to undertake radical neoliberal reforms, in which the processes of nation-state and market economy building overlapped. The states were built to create the markets which would in turn guarantee the prosperity of their respective nations. The article juxtaposes different, yet related scholarships and provides a basic theoretical toolkit that could facilitate potential inquiries into the nationalism-economy nexus in Lithuania and abroad.

scholarly journals THE OVERHEATING OF FIVE EU NEW MEMBER STATES AND CYCLICALITY OF SYSTEMIC RISK IN THE BANKING SECTOR

2009 ◽  
Vol 10 (3) ◽  
pp. 219-232 ◽  
Author(s):  
Mejra Festić ◽  
Sebastijan Repina ◽  
Alenka Kavkler
Keyword(s):  
Economic Activity ◽  
Banking Sector ◽  
Foreign Currency ◽  
Baltic States ◽  
Economic Activities ◽  
Loan Portfolio ◽  
Tradable Sector ◽  
The Baltic ◽  
Productivity Gains

Rapid credit growth has been one of the most pervasive developments in recent years in Central and Eastern Europe. We tested for the significance of macroeconomic and banking sector variables that condition non‐performing loan ratios and the hypothesis of procyclicality between economic activity and improving banking‐sector results in the Baltic States, Bulgaria and Romania. The theory of procyclicality between economic activity and the non‐performing loan ratio was proven. The increased economic activity improved the loan portfolio quality of the banking sector, as indicated by a lower NPL ratio. Due to a high share of loans denominated in a foreign currency and the fact of productivity gains in the tradable sector, the appreciation of the real exchange rate contributed to an improvement in loan portfolio quality. The procyclicality of banking sector performance and high economic activities growth could be a signal of an economy overheating and therefore a slowdown in economic activity is likely to accelerate the growth of the non‐performing loan ratio in the Baltic States, Bulgaria and Romania.

Analysing banks’ intermediation and operating efficiencies using the two-stage network DEA model

2017 ◽  
Vol 66 (4) ◽  
pp. 500-516 ◽  
Author(s):  
Rachita Gulati ◽  
Sunil Kumar
Keyword(s):  
Production Process ◽  
Banking Sector ◽  
Practical Implication ◽  
Operating Efficiency ◽  
Data Envelopment Analysis Model ◽  
Truncated Regression ◽  
Two Stage ◽  
Bank Efficiency ◽  
Content Type ◽  
Private Banks

Purpose The purpose of this paper is to present a holistic approach for measuring overall bank efficiency and its decomposition in intermediation and operating efficiencies. Design/methodology/approach Recently developed two-stage network data envelopment analysis model by Liang et al. (2008) has been used for obtaining intermediation and operational efficiencies along with overall bank efficiency. The bootstrapped truncated regression algorithm as proposed by Simar and Wilson (2007) has been employed to explore the influential determinants of intermediation and operating efficiencies. Findings The empirical results reveal that the operating inefficiency is the dominant source of overall bank inefficiency in Indian banking sector. Another interesting finding is that public sector banks are more efficient than private banks in the intermediation stage of production process, while private banks are more efficient in the operating stage of production process. Finally, the results of bootstrapped truncated regression show that variations in intermediation efficiency are explained by bank size, liquidity position, directed lending and intermediation cost, while inter-bank differences in operating efficiency are influenced by profitability and income diversification. Practical implications The most significant practical implication that has been derived from the research findings is that at the industry level, overall efficiency enhancement needs improvement both in terms of resource-utilization and income-generating abilities of the banks. However, the relatively easy way to achieve higher bank efficiency is to improve the efficiency of banks in generating incomes from interest and fee-based sources. Originality/value This paper is the first to provide a comprehensive assessment of performance of Indian banks by examining the efficiency of individual banks considering both the intermediation and operating approaches simultaneously.

scholarly journals Bank Efficiency in Malaysia a DEA Approach

2019 ◽  
Vol 8 (1) ◽  
pp. 133-162 ◽  
Author(s):  
Fakarudin Kamarudin ◽  
Fadzlan Sufian ◽  
Annuar Md. Nassir ◽  
Nazratul Aina Mohamad Anwar ◽  
Hafezali Iqbal Hussain
Keyword(s):  
Banking Sector ◽  
Least Square ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Profit Efficiency ◽  
Bank Efficiency ◽  
Ordinary Least Square ◽  
Management Quality ◽  
Macroeconomic Determinants ◽  
Revenue Efficiency

Abstract The purpose of the present paper is to examine the revenue efficiency of the Malaysian Islamic banking sector. The study also seeks to investigate the potential internal (bank specific) and external (macroeconomic) determinants that influence the revenue efficiency of Malaysian domestic Islamic banks. We employ the whole gamut of domestic and foreign Islamic banks operating in the Malaysian Islamic banking sector during the period of 2006 – 2015. The level of revenue efficiency is computed by using the Data Envelopment Analysis (DEA) method. Furthermore, we employ a panel regression analysis framework based on the Ordinary Least Square (OLS) method to examine the potential determinants of revenue efficiency. The results indicate that the level of revenue efficiency of Malaysian domestic Islamic banks is lower compared to their foreign Islamic bank counterparts. We find that bank market power, liquidity, and management quality significantly influence the improvement in revenue efficiency of the Malaysian domestic Islamic banks during the period under study. This study provides for the first time empirical evidence that covering all three efficiency concepts, namely cost, revenue, and profit efficiency is completely missing from the literature. By calculating these efficiency concepts, we can observe the efficiency levels of the domestic and foreign Islamic banks. In addition, by comparing both cost and profit efficiency, we can identify the influence of the revenue efficiency on the banks’ profitability.

Political Europeanization since 1989

2019 ◽  
pp. 62-87
Author(s):  
Katherine Graney
Keyword(s):  
Soviet Union ◽  
Central Asia ◽  
Former Soviet Union ◽  
The Other ◽  
Baltic States ◽  
Central European ◽  
Eu Membership ◽  
The Baltic ◽  
Balkan States ◽  
The Eu

This chapter examines the process of EU expansion into the former Soviet Union since 1989, identifying the different criteria that have been used to judge candidates for EU membership. The Central European and Baltic states successfully made arguments about their “intrinsic Europeanness” and “belonging” to Europe and the EU, while the Balkan states have had a harder time proving their suitability for Europe. Unlike the Baltic states, the other ex-Soviet republics, like Ukraine and Georgia, have had a harder time convincing the EU of their fitness for membership, that is, their “intrinsic Europeanness,” and have had to settle for being made “Eastern Partners” of the EU and signers of Association Agreements with the EU. Russia has sought a form of partnership with the EU, while rejecting any idea of conditionality. Finally, the EU shows little concern for the ex-Soviet states of Central Asia, not seeing them as fundamentally European in any way.

scholarly journals The up-coming crisis and the banking sector in the Baltic States

2009 ◽  
Vol 145 (3) ◽  
pp. 269-291
Author(s):  
Mejra Festić ◽  
Sebastijan Repina ◽  
Alenka Kavkler
Keyword(s):  
Banking Sector ◽  
Baltic States ◽  
Coming Crisis ◽  
The Baltic

scholarly journals Efficiency and Determinants in Libyan Banks

2020 ◽  
Vol 8 (4) ◽  
pp. 1-16
Author(s):  
Khalad Alrafadi
Keyword(s):  
Banking Sector ◽  
Relevant Literature ◽  
Policy Implications ◽  
Data Envelopment ◽  
Tobit Regression ◽  
Bank Efficiency ◽  
Second Stage ◽  
Private Banks ◽  
Mean Cost ◽  
Tobit Regression Model

This paper provides a comparative analysis regarding the performance of 17 Libyan banks over the period 2004 up to 2010. According to the relevant literature, there are few studies that combine both the Data Envelopment Analysis (DEA) technique and Tobit model for assessing the efficiency levels and subsequently examining the determinants of efficiency for the banking sector in Libya. For this study, the DEA technique was used to estimate cost, allocative, and technical efficiency of sampled banks by using DEAP software.  In the second stage, Tobit regression model was used to identify potential determinants of efficiency by using Stata10 software. The results showed that the specialized banks have exhibited higher mean cost efficiency relative to commercial and private banks. The results of efficiency determinants showed positive relationship between bank efficiency, and return on investment (ROA); risk; and size of operation (SO). This paper concludes with some policy implications of the results.        

scholarly journals Determinants of Bank Efficiency: Evidence from Czech Banking Sector

2015 ◽  
Vol 63 (3) ◽  
pp. 1005-1011
Author(s):  
Rostislav Staněk
Keyword(s):  
Commercial Bank ◽  
Cost Efficiency ◽  
Best Practice ◽  
Banking Sector ◽  
Efficiency Frontier ◽  
Profit Efficiency ◽  
Bank Efficiency ◽  
The Impact

The paper identifies bank-specific determinants of Czech commercial bank efficiency during the period 2000–2012. The paper employs a panel version of a stochastic efficiency frontier model with time variant efficiency to identify the impact of bank size and the structure of bank’s portfolio on the bank’s cost and profit efficiency. The results of the estimation show that bank size has no impact on cost efficiency but it negatively influences the bank’s ability to generate revenue. Cost efficiency increases with deposit-to-assets ratio and profit efficiency increases with loans-to-assets ratio. During the examined period average bank lost one fourth of its profit compared to best-practice bank.

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