Estimating the Performing Loan Efficiency of the European Banks: An Application of DEA and Tobit Analysis

Mamou, Olga; Μάμου, Όλγα

dc.contributor.author	Mamou, Olga
dc.contributor.author	Μάμου, Όλγα
dc.date.accessioned	2020-10-21T18:05:22Z
dc.date.available	2020-10-21T18:05:22Z
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/51581
dc.identifier.uri	http://dx.doi.org/10.26240/heal.ntua.19279
dc.rights	Default License
dc.subject	οικονομική κρίση	el
dc.subject	Non Performing Loans	en
dc.subject	Financial Crisis	en
dc.subject	Tobit Regression Model	en
dc.subject	Ευρωπαικές εμπορικές τράπεζες	el
dc.subject	Data Envelopment Analysis	en
dc.subject	εξυπηρετούμενα δάνεια	el
dc.subject	κόκκινα δάνεια	el
dc.subject	αποτελεσματικότητα	el
dc.subject	Eurozone commercial banks	en
dc.title	Estimating the Performing Loan Efficiency of the European Banks: An Application of DEA and Tobit Analysis	en
heal.type	masterThesis
heal.classification	Finance	en
heal.classification	Χρηματοοικονομικά	el
heal.language	en
heal.access	campus
heal.recordProvider	ntua	el
heal.publicationDate	2020-05
heal.abstract	The purpose of this study is to investigate the performing loan efficiency for 52 European banks during the period 2008-2017. The study follows a two-stage analysis to examine the performing loan efficiency and its driving factors. In the first stage, Data Envelopment Analysis is implemented to estimate performing loan efficiency for each bank included in the sample. The results are consistent with the findings of the financial analysis of the individual banks. In the second stage, the Tobit regression is used to determine the impact of bank related and external macroeconomic factors on banks’ efficiency in loan management. The results of DEA indicate that the examined banks could improve their cost efficiency by 39% on average. The results also show that performing loan efficiency seems to improve after 2015 alongside with the upward trend in the business cycle. Based on the results of Tobit regression three variables, the capital adequacy ratio, the GDP per capita and the Management Inefficiency have a significant effect on the performing loan efficiency. The assumptions regarding the relationship between the explanatory variables and the efficiency score are in line with the Tobit Regression results.	en
heal.advisorName	Dokas, Ioannis
heal.advisorName	Ντόκας, Ιωάννης
heal.committeeMemberName	Γερονικολάου, Θεόδωρος
heal.committeeMemberName	Σπυρομήτρος, Ελευθέριος
heal.academicPublisher	Σχολή Εφαρμοσμένων Μαθηματικών και Φυσικών Επιστημών	el
heal.academicPublisherID	ntua
heal.numberOfPages	49
heal.fullTextAvailability	false