Cargando…

Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries

In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. Fr...

Descripción completa

Detalles Bibliográficos
Autores principales: Andries, Alin Marius, Capraru, Bogdan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2013
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3605381/
https://www.ncbi.nlm.nih.gov/pubmed/23555745
http://dx.doi.org/10.1371/journal.pone.0059686
_version_ 1782263875772612608
author Andries, Alin Marius
Capraru, Bogdan
author_facet Andries, Alin Marius
Capraru, Bogdan
author_sort Andries, Alin Marius
collection PubMed
description In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. From our analysis it results that banks from CEE countries with higher level of liberalization and openness are able to increase cost efficiency and eventually to offer cheaper services to clients. Banks from non-member EU countries are less cost efficient but experienced much higher total productivity growth level, and large sized banks are much more cost efficient than medium and small banks, while small sized banks show the highest growth in terms of productivity.
format Online
Article
Text
id pubmed-3605381
institution National Center for Biotechnology Information
language English
publishDate 2013
publisher Public Library of Science
record_format MEDLINE/PubMed
spelling pubmed-36053812013-04-03 Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries Andries, Alin Marius Capraru, Bogdan PLoS One Research Article In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. From our analysis it results that banks from CEE countries with higher level of liberalization and openness are able to increase cost efficiency and eventually to offer cheaper services to clients. Banks from non-member EU countries are less cost efficient but experienced much higher total productivity growth level, and large sized banks are much more cost efficient than medium and small banks, while small sized banks show the highest growth in terms of productivity. Public Library of Science 2013-03-21 /pmc/articles/PMC3605381/ /pubmed/23555745 http://dx.doi.org/10.1371/journal.pone.0059686 Text en © 2013 Andries, Capraru http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited.
spellingShingle Research Article
Andries, Alin Marius
Capraru, Bogdan
Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title_full Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title_fullStr Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title_full_unstemmed Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title_short Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
title_sort impact of financial liberalization on banking sectors performance from central and eastern european countries
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3605381/
https://www.ncbi.nlm.nih.gov/pubmed/23555745
http://dx.doi.org/10.1371/journal.pone.0059686
work_keys_str_mv AT andriesalinmarius impactoffinancialliberalizationonbankingsectorsperformancefromcentralandeasterneuropeancountries
AT caprarubogdan impactoffinancialliberalizationonbankingsectorsperformancefromcentralandeasterneuropeancountries