Operating performance of the banking industry: an empirical investigation of the South Eastern European region
Authors
Χρήστος Σταϊκούρας
Εμμανουήλ Μαματζάκης
Αναστασία Κουτσομανώλη-Φιλιππάκη
Keywords:
South Eastern European banking sectors, Operating performance, Personnel expenses, Administrative expenses, Bank structure, D24, G21, L25
Abstract
This paper examines the operating performance of the South Eastern European (SEE) banking industry over the period 1998-2003. To this end, we investigate the empirical relationship between operating expenses and bank, market and country specific characteristics. Operating performance is found to be positively related to loan quality and the asset size or the bank’s market share, and negatively related to liquidity, the loan ratio and bank’s age.
