Banking efficiency in South East Europe: Evidence for financial crises and the gap between new EU members and candidate countries

Nurboja, Bashkim; Košak, Marko

doi:10.1016/j.ecosys.2016.05.006

Cited by 26 publications

(16 citation statements)

References 61 publications

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“…They implemented the SFA method to analyze the efficiency of the banks. Nurboja & Košak (2017) analyzed the gap in cost efficiency in banks in emerging markets in Southeast Europe (SEE) with respect to EU membership, using b-convergence and s-convergence tests, and they concluded that banks from non-EU countries were lowering their cost efficiency gap compared to EU banks. They conducted SFA to determine the cost efficiency scores and used a fixed-effects model, as well as a system generalized method of moments (GMM) for estimation purposes.…”

Section: Studies On Bank Performance In the Cee Countriesmentioning

confidence: 99%

Determinants of financial performance of banks in Central and Eastern Europe

Antoun¹,

Çoşkun²,

Georgievski³

2018

BEH

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The aim of this study is to investigate the bank-specific, industry-specific, and macroeconomic determinants of the financial performance of banks in Central and Eastern European Countries. For this purpose, first we determined the factors affecting performance, based on findings in the literature. We constructed a financial performance index (FPI) based on CAMEL ratios and then ran the computed index on the aforementioned determinants. In the analysis, we used unbalanced panel data covering the period 2009-2014, which were collected from the BankScope database, World Development Indicators, and the Financial Structure and Development Dataset. We conducted an empirical analysis using fixed-effect panel regression. Our results suggest that the asset quality and earnings of banks are negatively affected by size, and positively affected by business mix and inflation. Capital adequacy and liquidity were found to be negatively affected by size and positively affected by bank concentration and economic growth.

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Section: Studies On Bank Performance In the Cee Countriesmentioning

confidence: 99%

Determinants of financial performance of banks in Central and Eastern Europe

Antoun¹,

Çoşkun²,

Georgievski³

2018

BEH

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“…The cost efficiency in the banking sector of European countries became a subject of studies by the authors such as Košak M. and Nurboja B. (2016) and Poloucek S. (2004) [14], [15].…”

Section: Theory and Methodologymentioning

confidence: 99%

Banking Sector and Economy of CEE Countries: Development Features and Correlation

Umantsiv¹,

Ищенко²

2017

JSSP

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J o u r n a l h o m e p a g e: http://jssp.reviste.ubbcluj.ro This research focuses on the analysis of current trends in the banking sector of Central and Eastern Europe (CEE), and on its role in the development of the economy. This region is represented by countries situated at different levels of development and types of economic system. The following countries are analyzed: Bulgaria, Poland, Romania, the Republic of Belarus and Ukraine. The article starts with a general description of the economy of each of the five countries listed above, followed by a discussion of main trends of their development and a comparison of these states based on the status of their socioeconomic development. The study will also examine the banking systems of each of these countries looking at the types of banks that are present on the market, capital ownership, and market share, as well as the main indicators of soundness of the banking system. The study found that there are both common features and differences in the banking sectors of the analyzed countries. We also found a correlation between the tendencies of real sector development and bank investments. Finally, our article revealed the role played by the European Union in funding the economies of analyzed countries through their operational programs.

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“…In addition, the new strategies that will be maintained by the new managers can result in better allocation of economic resources (efficiency X) and optimize the costs of banks in times of crisis. Finally, Nurboja and Košak (2017) discuss cost efficiency in EU and non-European countries. Their findings show that institutional adjustments outside EU countries should continue to abide by the same EU standards because EU banking systems tend to dominate in terms of measured cost efficiency.…”

Section: Literature Reviewmentioning

confidence: 99%

Causal effect of mergers and acquisitions on EU bank productivity

Aljadani

Toumi

2019

Economic Structures

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Over the last two decades, bank consolidation has been a frequent event in the financial sector in developing and developed countries, particularly in the European Union (Pozzolo 2009). Considering the subprime crisis, which negatively affected many advanced and emerging economies, particularly in the banking sector of the European Union, various solutions, such as mergers and acquisitions (M&A), have appealed to these countries. M&A represent external growth and approximately 80% of global foreign direct investment (FDI) flows (Klimek 2014). M&A as a form of banking integration in the EU are one of many strategies of external growth; other strategies include trade agreements, conventions, and cooperation. Furthermore, it is recognized that productivity gains are primarily influenced by external growth, such as mergers and acquisitions (M&A). However, none of these choices is considered as an ideal substitute in an emergency. Thus, many concerns have been raised, including the maximum level of cooperation. But the only consensus is that the larger the bank, the greater the need for cooperation. Nevertheless, the cooperation among commercial banks in the European Union is justified by efficiency gains in terms of profit or profitability. Yet, bank consolidation is

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Banking efficiency in South East Europe: Evidence for financial crises and the gap between new EU members and candidate countries

Cited by 26 publications

References 61 publications

Determinants of financial performance of banks in Central and Eastern Europe

Determinants of financial performance of banks in Central and Eastern Europe

Banking Sector and Economy of CEE Countries: Development Features and Correlation

Causal effect of mergers and acquisitions on EU bank productivity

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