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

Author/Editor:

V. Hugo Juan-Ramon ; Ruby Randall ; Oral Williams

Publication Date:

August 1, 2001

Electronic Access:

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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.

Series:

Working Paper No. 2001/105

Subject:

Banking Commercial banks Deposit rates Financial institutions Financial services Foreign banks Loans State-owned banks

English

Publication Date:

August 1, 2001

ISBN/ISSN:

9781451852820/1018-5941

Stock No:

WPIEA1052001

Pages:

44

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