The study investigates competitive conditions in commercial banking sector of Pakistan. The study employs a measure of estimating banking competition derived from modified Panzar and Rosse Model – The PR Model. The data was obtained from annual financial statements of 22 commercial banks...

We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of this study is two-fold. First, the dataset allows us to explore trends in competition intensity over an extended, 24-year period from 1989 to 2013 using data for UK-regulated...

This study provides a characterization of the Association of the South East Asian Nations (ASEAN) banking system's competition under the new environment that the implementation of the Financial Integration Framework (AFIF) implies. We focus on the largest banking markets in the region,...

This study investigates the speed at which the banking sector of Latin American countries adjust to equilibrium levels in the long run. For this purpose partial adjustment process to Panzar and Rosse H-Statistics is used. Markets adjust towards long-run equilibrium in a non-instantaneous manner....

This paper is an empirical analysis of competitiveness in the banking system of four out of the five East African Community (EAC) countries2. The results show that the degree of competition is low due to a combination of structural and socio-economic factors. By way of preview, the analysis...

The structure of banking systems has been frequently in the debate over a long time. A re-structuring of banking systems is very often based on the experience of other countries. Ger-man cooperative banks can learn much about the development of Italy's cooperative banks. In contradiction to the...

This paper investigates whether, and if so, to what extent, Level 3 fair values disclosed by European banks provide useful information to investors and are reflected in firm value changes. Using a unique sample of 416 hand-collected firm-year observations from European banks reporting under...

Based on a sample of 87 countries, this paper shows that non-financial institutions, specifically rule of law, do matter for the relative merits of bank-based and market-based financial systems. Market-based systems work better in low rule of law countries, while bank-based systems are more...

This study investigates the legitimacy of the relatively high interest rates charged by those microfinance institutions (MFIs) which have been transformed into regulated commercial banks using information garnered from a panel of 1232 MFIs from 107 developing countries. Results show that...