Nenovsky, Nikolay; Chobanov, Petar; Mihaylova, Gergana; … - International Centre for Economic Research (ICER) - 2008
The present paper traces the trends in the development of the Bulgarian banking system focusing on the dynamics of bank efficiency. Although the financial crisis in 1996-1997 and the following shift in monetary regime (introduction of Currency Board Arrangement) exerted significant influence on...