Efficiency in Commercial Banking

In 2003, the new banking law No. 88/2003 was promulgated. This law was meant to foster the consolidation of the sector through mergers and acquisitions, and abolished the distinction between commercial, business and specialized banks. Interested by this new development, we analyzed the Egyptian banking sector s efficiency and productivity over the period 2004-2009 through the non-parametric technique DEA, to measure banks efficiency, and the Malmquist Productivity Indexes to estimate productivity changes. Finally we examined, through a GLS regression, possible correlates or determinants of efficiency, such as stability, ownership & control, size, market power, risk, and other bank characteristics. Finally we give policy recommendations to foster the consolidation and the liberalization of the sector.

Autorentext

Born in Milano, Italy, in September 1986. International background due to his French, Egyptian father and his Italian mother.Scholastic education in Milano, with frequent trips outside Italy.Bocconi University Graduate: Bachelor in International Markets and New Technologies in 2008 and Master of Sciences in Economics and Social Sciences in 2011.