“…However, given the inherent difficulties inherent in cross-country comparisons, studies have also been conducted at the country-level. At the country level, studies have examined, among others, the performance of banks in the US (Elyasiani and Mehdian, 1995;Wheelock and Wilson, 1999), Norway (Berg et al, 1992), Thailand (Leightner, 1997), Korea (Gilbert and Wilson, 1998) and Taiwan (Shyu, 1998).…”