Abstract:
This paper investigates the performance of the banking sector in Egypt during a period characterized by privatization and a liberal economic regime. It reviews the developments in market structure and regulatory framework towards a more competitive system and measures efficiency for the various bank groups as classified by type of business activity and ownership using econometric analysis. The concepts of cost and profit efficiency are used in the analysis to account for both the expenditures side and the revenues side. The empirical investigation uses panel data over the period 1992-2006 and shows that the performance results for the public and private sector banks are mixed after controlling for asset quality.
