Recent studies have stressed the importance of privatization and openness to foreign
competition for bank efficiency and economic growth. We study bank efficiency in Turkey, an …

A challenge in enterprise risk measurement for diversified financial institutions is developing
a coherent approach to aggregating different risk types. This has been motivated by rapid …

The recent financial crisis has given rise to a re-examination by regulators and academics
of the conventional wisdom regarding the implications of the spectacular growth of the …

We analyze the economic role of small and medium-sized enterprises (SMEs) in Arab
countries in light of the economic goals of those countries. It is shown that conventional micro-…

Studies of bank efficiency tend to draw conclusions from pooled estimates, assuming that all
banks in a sample use the same technology, or estimates based on a priori classifications of …

The Basel II Accord requires participating banks to quantify operational risk according to a
matrix of business lines and event types. Proper modeling of univariate loss distributions and …

Due to the market crash and heightened market volatility in the beginning of the COVID-19
outbreak, banks faced dramatic increases in their market risk capital requirements. Part of this …

This article examines the impact of the new supervisory standards of Basel 2.5 and Basel III
for bank trading portfolios with regards to the additional capital requirements developed to …

We model unobserved heterogeneity in banking technologies as a mixture model and
investigate the efficiencies of 53 Turkish banks using likelihood-based stochastic frontier analysis …

S27. The bank must employ a unit of measure that is appropriate for the bank’s range of
business activities and the variety of operational loss events to which it is exposed, and that …