A Statistical Analysis of Banking Performance in the Eastern Caribbean Currency Union in the 1990s
August 1, 2001
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary
Private foreign banks dominate the banking system although their market share declined in the 1990s while that of private indigenous banks increased. The banking system was not concentrated either within or across countries. Stigler’s survivor test indicated that large banks tended to reduce their scale over time. Private foreign and private indigenous banks exhibited similar distributions with respect to operating expenses but private foreign banks were most profitable. High interest rate spreads appeared attributable to higher average costs related to market size and geographic peculiarities.
Subject: Banking, Commercial banks, Deposit rates, Financial institutions, Financial services, Foreign banks, Loans, State-owned banks
Keywords: bank code, bank Size, Bank Structure, banking system, Caribbean, Commercial banks, Competition, Deposit rates, ECCB area, Foreign banks, indigenous bank, Loans, Performance, performance indicator, public bank, State-owned banks, WP
Pages:
44
Volume:
2001
DOI:
Issue:
105
Series:
Working Paper No. 2001/105
Stock No:
WPIEA1052001
ISBN:
9781451852820
ISSN:
1018-5941





