Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach

This study examines the bank efficiency and the determinants of bank profitability of nine commercial banks in Singapore over the period 2005-2012. A two-stage Stochastic Frontier Approach is used to estimate the cost efficiency and the profit efficiency, and a fixed effect panel data analysis is ap...

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Main Author: Wang, Lei
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Subjects:
Online Access:https://eprints.nottingham.ac.uk/26576/
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author Wang, Lei
author_facet Wang, Lei
author_sort Wang, Lei
building Nottingham Research Data Repository
collection Online Access
description This study examines the bank efficiency and the determinants of bank profitability of nine commercial banks in Singapore over the period 2005-2012. A two-stage Stochastic Frontier Approach is used to estimate the cost efficiency and the profit efficiency, and a fixed effect panel data analysis is applied to test the determinants of bank profitability. The findings indicate that the profit efficiency of Singaporean banks is more heavily impacted by the Global financial crisis than the cost efficiency. Large banks are more profit efficient and less cost efficient than small banks. The exogenous factors, bank size and the market share, are significantly positively related to the profit efficiency and negatively related to the cost efficiency. Overall, there is still room for Singaporean banks to improve their cost efficiency and profit efficiency. On the other hand, bank profitability of Singaporean banks is negatively affected by the equity to total assets ratio, cost to income ratio and bank size. In contrast, the improvement in the profit efficiency can be greatly in favour of bank profitability.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2013
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spelling nottingham-265762017-10-19T21:17:23Z https://eprints.nottingham.ac.uk/26576/ Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach Wang, Lei This study examines the bank efficiency and the determinants of bank profitability of nine commercial banks in Singapore over the period 2005-2012. A two-stage Stochastic Frontier Approach is used to estimate the cost efficiency and the profit efficiency, and a fixed effect panel data analysis is applied to test the determinants of bank profitability. The findings indicate that the profit efficiency of Singaporean banks is more heavily impacted by the Global financial crisis than the cost efficiency. Large banks are more profit efficient and less cost efficient than small banks. The exogenous factors, bank size and the market share, are significantly positively related to the profit efficiency and negatively related to the cost efficiency. Overall, there is still room for Singaporean banks to improve their cost efficiency and profit efficiency. On the other hand, bank profitability of Singaporean banks is negatively affected by the equity to total assets ratio, cost to income ratio and bank size. In contrast, the improvement in the profit efficiency can be greatly in favour of bank profitability. 2013-09-18 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26576/1/Dissertation_Lei_Wang.pdf Wang, Lei (2013) Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach. [Dissertation (University of Nottingham only)] (Unpublished) Singapore Banking Efficiency Profitability Stochastic Frontier Approach Determinants
spellingShingle Singapore
Banking
Efficiency
Profitability
Stochastic Frontier Approach
Determinants
Wang, Lei
Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title_full Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title_fullStr Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title_full_unstemmed Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title_short Bank Efficiency and Profitability in Singapore: A Stochastic Frontier Approach
title_sort bank efficiency and profitability in singapore: a stochastic frontier approach
topic Singapore
Banking
Efficiency
Profitability
Stochastic Frontier Approach
Determinants
url https://eprints.nottingham.ac.uk/26576/