EconPapers    
Economics at your fingertips  
 

The impact of banking sector reform in a transition economy: Evidence from Kyrgyzstan

Martin Brown (), Maria Rueda Maurer, Tamara Pak and Nurlanbek Tynaev

Journal of Banking & Finance, 2009, vol. 33, issue 9, 1677-1687

Abstract: We examine the impact of financial sector reform on interest rate levels and spreads using Kyrgyz bank-level data from 1998 to 2005. We find that, in addition to macroeconomic stabilization, structural reforms to the banking sector significantly contributed to lower interest rates. In particular, our results suggest that foreign bank entry and regulatory efforts to increase average bank size were important in reducing deposit rates. In contrast, we find little evidence that banking sector reform or macroeconomic stabilization has impacted interest rate spreads.

Keywords: Transition; Financial; sector; reform; Interest; rates; Spreads (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378-4266(09)00076-4
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbfina:v:33:y:2009:i:9:p:1677-1687

Access Statistics for this article

Journal of Banking & Finance is currently edited by Ike Mathur

More articles in Journal of Banking & Finance from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2020-02-23
Handle: RePEc:eee:jbfina:v:33:y:2009:i:9:p:1677-1687