We propose a hierarchical Marshall-Olkin model of countrywide systemic risk. At the lower level, we model the systemic risk of a crisis within the banking system (that we call “within” systemic risk) and at the higher level we model the probability of a joint default of the banking system and the public sector (that we call “between” systemic risk). As for the within systemic risk, we propose a...

In this research, a model is designed to assess the effect of banking facilities over private sector investment. In this model, private investment is a function of non-oil GDP, and with a time lag, of import of capital goods, investment of public sector and the real facilities granted by the banking system to the private sector. The effects of the model indicate a meaningful effect of the ...

Despite the fact that processes of deregulation and concomitant prudential re-regulation have recently been a dominant feature in financial markets of both developed and developing countries, relatively little empirical work has been done on their impact on bank competition and performance. This paper examines the impact of financial sector reforms on the cost structure characteristics and on t...

Banking industry in China is facing immense competition from local as well as foreign banks, customers choices regarding banks are expanding. At present, banking is increasingly becoming a consumer-centric service provider. Customers are becoming more quality conscious and are demanding new and qualitative products and services. Six Sigma is a kind of quality enhancement strategy that can help ...

The Internet has revolutionized services across institutions. The Banking sector has registered significant change in the quality of service owing to the bandwidth of information flow ensuring greater customer-satisfaction. This has also brought into perspective the security environment within which information flow takes place. This paper initiates a few viable steps through scale development ...

The Chinese banking sector has gone through a consistent process of the reform which includes liberalization of the business to foreign banks, privatization and listing bank shares, allowing diversifications into intermediary business beyond the traditional deposit and loan activities. In the mean time, the changing structures of the banking sector and the favourable economic condition in the r...

China has been enjoyed a fast economic growth in the last three decades. One of the important reasons is its financial reform and development in banking sector. More and more foreign banks and nonstate-owned banks participate into the competition in banking industry. The productivity of banking sector keeps growing dramatically during the golden decade between the 1997 Asian financial crisis an...

This paper analyses the importance of productive specialisation in explaining cost efficiency differences between banking companies. Taking as reference the Spanish banking sector during the period 1985-96, the study shows that if cost efficiency measurements are corrected for the effect of different specialisation by the estimation of separate frontiers for four different groups of competitors...