Bank Efficiency in Bulgaria, International Financial Crisis and Eurozone Debt Crisis

Gergana Mihaylova-Borisova

Ikonomiceski i Sotsialni Alternativi, 2014, issue 4, 17-24

Abstract: Thå study uses a nonparametric method for measurement of the bank efficiency–Data envelopment analysis (DEA). By using efficiency estimates for the banking system in Bulgaria the impact of the international financial crisis and the Eurozone debt crisis on the efficiency of banks in the country is investigated. The significant negative impact of the crises on the efficiency of the banking system is proved, which has its negative influence on the economic development. The efficiency of the banking system and individual groups of banks by type of ownership is also analysed. Foreign banks are the most efficient banks in the economy and determine the dynamics of the efficiency of the banking system. Their better performance could be explained by the technology and experience they have.

Keywords: bank efficiency; financial crisis; eurozone debt crisis (search for similar items in EconPapers)
JEL-codes: C14 F65 G21 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2014:i:4:p:17-24

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