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- W2000948814 abstract "Abstract To understand the transformation of banking in the post-communist transition, we examine the cost efficiency of 289 banks in 15 East European countries. We find that banking systems in which foreign-owned banks have a larger share of total assets have lower costs and that the association between a country’s progress in banking reform and cost efficiency is non-linear. Early stages of reform are associated with cost reductions, while costs tend to rise at more advanced stages. Private banks are more efficient than state-owned banks, but there are differences among private banks. Privatised banks with majority foreign ownership are the most efficient and those with domestic ownership are the least." @default.
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- W2000948814 date "2005-01-01" @default.
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- W2000948814 title "Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries" @default.
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- W2000948814 doi "https://doi.org/10.1016/j.jbankfin.2004.06.016" @default.
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