, policymakers, and bank managers for better decision making. …

for convergent clusters in banking efficiency. Findings - Our main findings show that the bank efficiency of the US is …. Originality/value - Our survey is unique in trying to check for convergence while controlling for country-specific and bank …

reviews the debate about marketbased vs. bank-based financial systems. Using data for a sample of 40 countries over the period … economic growth, but the degree to which a financial system is market- or bank-based cannot explain economic development across …

The simultaneous activation of many sources of risk can slow bank operations and even lead to bankruptcy. Credit risk … is the greatest threat to the orderly functioning of a bank. To protect against its materialization banks spend nearly 90 … profile in individual entities. Estimates were carried out according to the procedure used by the Bank of Spain and the Bank …