A Statistical Analysis of Banking Performance in the Eastern Caribbean Currency Union in the 1990s

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 th...

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Bibliographic Details
Main Author: Juan-Ramon, V.
Other Authors: Randall, Ruby, Williams, Oral
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Working Papers
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:44 pages
ISBN:9781451852820