Guidi, Francesco ORCID: https://orcid.org/0000-0002-2682-189X (2021) Cost efficiency of commercial banks in South-East Europe: a time-varying approach. In: 15th South-Eastern European Economic Research Workshop, 6th - 7th Dec., 2021, Tirana, Albania.

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Abstract

This study examined cost efficiency of commercial banks operating in seven South-Eastern European countries over the period 2003-2012. Using a stochastic frontier approach, this study aimed at investigating how the cost efficiency of banks changes over time during the period under study. The findings of this study show that the average cost efficiency of South-Eastern European banks was 72.9% over the period 2003-2012. Furthermore, when considering the type of ownership, it was found that on average foreign-owned banks were slightly more cost-efficient than domestic-owned banks, with values of 80.3% and 80% respectively. In addition, by measuring banks’ size via assets, it was found that banks’ cost efficiency tends to decline as banks become larger. Finally, the findings of this study show that irrespective to ownership or size, banks’ cost efficiency declined over the period 2003-2012, especially during the 2007-2009 global financial crisis as well as during the 2009-2010 European sovereign debt crisis.

Item Type:	Conference or Conference Paper (Paper)
Uncontrolled Keywords:	commercial banks, efficiency, foreign ownership
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting
Faculty / School / Research Centre / Research Group:	Greenwich Business School Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA) Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) > Greenwich Political Economy Research Centre (GPERC) Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA) > Greenwich Political Economy Research Centre (GPERC) Journal of Economic Literature Classification > Greenwich Political Economy Research Centre (GPERC)
Related URLs:	Organisation
Last Modified:	01 Dec 2025 12:15
URI:	https://gala.gre.ac.uk/id/eprint/51854

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