Advanced Search
MyIDEAS: Login to save this paper or follow this series

Bank Efficiency and Market Structure

Contents:

Author Info

  • Holger Floerkemeier
  • Era Dabla-Norris
Registered author(s):

    Abstract

    Despite far-reaching banking sector reforms and a prolonged period of macroeconomic stability and strong economic growth, financial intermediation in Armenia has lagged behind other transition countries, and interest rate spreads have remained higher than in most Central and Eastern European transition countries. This paper examines the determinants of interest rate spreads and margins in Armenia using a bank-level panel dataset for the period 2002 to 2006. We find that bank-specific factors, such as bank size, liquidity, and market power, as well as the market structure within which banks operate, explain a large proportion of crossbank, cross-time variation in spreads and margins. The results suggest that there is a large potential to increase cost efficiency and competition in the banking system.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20981
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 07/134.

    as in new window
    Length: 28
    Date of creation: 01 Jun 2007
    Date of revision:
    Handle: RePEc:imf:imfwpa:07/134

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Email:
    Web page: http://www.imf.org/external/pubind.htm
    More information through EDIRC

    Order Information:
    Web: http://www.imf.org/external/pubs/pubs/ord_info.htm

    Related research

    Keywords: Banking systems; Interest rates; banking; foreign bank; foreign banks; banking system; bank size; capital adequacy; banking sector; market structure; net interest margin; foreign ownership; foreign market; segmentation; foreign participation; bank spreads; bank share; bank origin; bank entry; banking structure; macroeconomic stability; credit markets; bank market; bank assets; banking sector efficiency; bank competition; credit market; liquidity ratio; bank loans; bank credit; bank interest; level playing field; return on assets; bank interest margins; private banking; bank activities; bank performance; banking market; bank deposits; banks ? loan; prudential regulation; bank fees; market size; banking system assets; banks loans; income statement; banking markets; banking sector reforms; banking activities; foreign companies; bank ratings; banking services; bank activity; transition economy; bank securities; bank balance sheet; interest expense; banking sector assets; bank services; return on equity; bank behavior; equity investment; banking relationship; bank credit allocation; banking system concentration; credit constraints; market failures; foreign investors; bank portfolio; bank failures; capital adequacy ratio; bank clients; nonperforming loan; bank restructuring; investment decisions; liquid asset;

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Poghosyan, Tigran, 2010. "Re-examining the impact of foreign bank participation on interest margins in emerging markets," Emerging Markets Review, Elsevier, vol. 11(4), pages 390-403, December.
    2. Chuling Chen, 2009. "Bank Efficiency in Sub-Saharan African Middle Income Countries," IMF Working Papers 09/14, International Monetary Fund.
    3. King Banaian, 2009. "Macroeconomic Impact of the Financial Crisis on Armenia," Working Papers 2009-1, Saint Cloud State University, Department of Economics, revised 14 Aug 2009.
    4. Brown, Martin & Maurer, Maria Rueda & Pak, Tamara & Tynaev, Nurlanbek, 2009. "The impact of banking sector reform in a transition economy: Evidence from Kyrgyzstan," Journal of Banking & Finance, Elsevier, vol. 33(9), pages 1677-1687, September.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:07/134. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.