increased the cost of financial intermediation during the crisis, however, greater efficiency helped banks to not charge higher … this study, we argue that bank efficiency generates incentives that can impact banks' capital holdings and the cost of … financial intermediation. Analyzing a panel dataset of 1190 banks from BRICS (Brazil, Russia, India, China, South Africa …

increased the cost of financial intermediation during the crisis, however, greater efficiency helped banks to not charge higher … this study, we argue that bank efficiency generates incentives that can impact banks’ capital holdings and the cost of … financial intermediation. Analyzing a panel dataset of 1190 banks from BRICS (Brazil, Russia, India, China, South Africa …