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https://elibrary.tucl.edu.np/handle/123456789/5815
Title: | Bank Efficiency and the Bond Markets: Evidence from the Asia and Pacific Region |
Authors: | Park, Donghyun; Tian, Shu; Wu, Qiongbing |
Issue Date: | Mar-2020 |
Description: | This paper examines the association between bond market development and profit and cost efficiency of commercial banks, based on bank-level data from 27 economies in the Asia and Pacific region. The study finds that bond market size and structure are relevant to bank efficiency. A larger bond market is generally associated with higher profit efficiency and lower cost efficiency of commercial banks. Given bond market size, a larger share of corporate bonds will enhance both bank profit and cost efficiency. The policy implications of this paper are that balanced and well-developed capital markets will benefit banking sector operations. |
URI: | https://www.adb.org/publications/bank-efficiency-bond-markets-asia-pacific https://elibrary.tucl.edu.np/handle/123456789/5815 |
ISBN: | N/A N/A |
ISSN: | 2313-6537 2313-6545 |
Country: | Regional - Asia and the Pacific |
Appears in Collections: | ADB Collections |
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