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

By V. Hugo Juan-Ramon, Ruby Randall, Oral Williams

August 1, 2001

Preview Citation

Format: Chicago

V. Hugo Juan-Ramon, Ruby Randall, and Oral Williams. A Statistical Analysis of Banking Performance in the Eastern Caribbean Currency Union in the 1990s, (USA: International Monetary Fund, 2001) accessed November 23, 2024

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.

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

Keywords: Bank code, Bank Size, Bank Structure, Banking system, Caribbean, Commercial banks, Competition, Deposit rates, ECCB area, Foreign banks, Indigenous bank, Loans, Performance, Performance indicator, Public bank, State-owned banks, WP

Publication Details

Pages:

44
Volume:

---
DOI:

---
Issue:

---
Series:

Working Paper No. 2001/105
Stock No:

WPIEA1052001
ISBN:

9781451852820
ISSN:

1018-5941

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Working Papers