Please use this identifier to cite or link to this item:
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 |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.