IMF Working Papers

Recent Developments in European Bank Competition

By Yu Sun

June 1, 2011

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Yu Sun. Recent Developments in European Bank Competition, (USA: International Monetary Fund, 2011) accessed November 21, 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

This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The recent global financial crisis led to a fall in competition in several countries and especially where large credit and housing booms had preceded the crisis..

Subject: Banking, Commercial banks, Competition, Economic sectors, Financial crises, Financial institutions, Financial markets, Financial sector, Foreign banks

Keywords: Bank activity, Bank competition, Bank entry, Commercial banks, Competition, Competition indicator, Competition level, Corporative bank, EMU, Euro area, Financial crisis, Financial sector, Foreign banks, Global, Government bank, Mortgage bank, Post EMU, Revenue equation, WP

Publication Details

  • Pages:

    25

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2011/146

  • Stock No:

    WPIEA2011146

  • ISBN:

    9781455268481

  • ISSN:

    1018-5941