debit cards transactions increased sharply. We test the wage-banking channel of the financial program exploiting differences …

with clients, we explore patterns of cost and efficiency in MFIs. We find that improved operational efficiency comes with …

This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is … applied tool to evaluate the potential anti-competitive impact of mergers. -- Banking Industry ; Competition and Market …

risk, which is the most prominent risk in the banking sectors of three selected Southeast European economies - Montenegro …. Hence, it is important to analyse risks affecting the stability of both the banking sector and the financial system as a … banking sectors in the respective countries. The empirical evidence has shown that both macroeconomic and bank …

foreign banks presence is not a matter of dispute. Given the large and enduring foreign presence in the Macedonian banking … system, we try to empirically test some of the traditional channels of the foreign banks impact on the banking system … banks presence in Macedonia supports the competition in the banking system in the long run, visible through the narrowing of …

The fact that money, banking, and financial markets interact in important ways seems self-evident. The theoretical … banking and financial markets with the Lagos and Wright (2005) dynamic model of monetary exchange–a union that bears a …-free banking system …