1. bookVolume 32 (2022): Issue 2 (June 2022)
Journal Details
First Published
30 Mar 2015
Publication timeframe
4 times per year
Open Access

Analysis of the Banking Sector Competition in Kosovo

Published Online: 13 Apr 2022
Volume & Issue: Volume 32 (2022) - Issue 2 (June 2022)
Page range: 84 - 101
Received: 01 Oct 2021
Accepted: 01 Jan 2022
Journal Details
First Published
30 Mar 2015
Publication timeframe
4 times per year

1. Ademosu, A. & Morakinyo, A. (2021), Financial System and SMEs Access to Finance: A Market-oriented Approach. Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 31(3), 21-36.10.2478/sues-2021-0012 Search in Google Scholar

2. Akomea, S.Y. & Adusei, M. (2013), Bank Recapitalization and Market Concentration in Ghana’s Banking Industry: A Herfindahl-Hirschman Index Analysis. Global Journal of Business Research 7(3), 31-45. Search in Google Scholar

3. Alhadeff, D. (1954), Monopoly and Competition in Banking. Barkeley: University of California.10.1525/9780520345546 Search in Google Scholar

4. Allen, F. & Gale, D. (2000), Comparing Financial Systems. Cambridge and London; MIT press. Search in Google Scholar

5. Allen, F., Gersbach, H., Krahnen, J.P. & Santomero, A.M. (2002), Competition Among Banks: Introduction and Conference Overview. European Finance Review 5, 1-11. Search in Google Scholar

6. Allen, F., Galle, D.M. (2004), Competition and Financial Stability. Journal of Money, Credit, and Banking, 36(3 Part 2), 433-480. doi:DOI: 10.1353/mcb.2004.003810.1353/mcb.2004.0038 Search in Google Scholar

7. Anzoategui, D., Pería, M.M. & Melecky, M. (2010), Banking Sector Competition in Russia. Policy Research Working Paper 5449; Eastern Europe and Central Asia. The World Bank. Retrieved from https://openknowledge.worldbank.org/bitstream/handle/10986/3932/WPS5449.pdf10.1596/1813-9450-5449 Search in Google Scholar

8. Arben, M. & Toçi, V. (2018), Banking Sector Competition in the Panzar-Rosse Framework and Net Interest Margins: An Empirical Analysis Using the General Method of Moments. Croatian Economic Survey, 20(1), 5-31. doi:10.15179/ces. Search in Google Scholar

9. Avdullahi, A. & Fejza, V. (2015), Efficiency Improvement and Quality Initiatives Application in Financial Institutions. Iliria International Review, 5(1), 133-147. doi:10.21113/iir.v5i1.1310.21113/iir.v5i1.13 Search in Google Scholar

10. Baumol, W.J., Panzar, J. C. & Willing, R.D. (1983), Contestable markets: An uprising in the theory of industry structure: Replay. The American Economic Review, 491-496. Search in Google Scholar

11. Beck, T., Demirgüç-Kunt, A. & Levine, R. (2006), Bank concentration, competition, and crises: First results. Journal of Banking & Finance, 36(5), 1581-1603. doi:DOI: 10.1016/j.jbankfin.2005.05.01010.1016/j.jbankfin.2005.05.010 Search in Google Scholar

12. Beck, T. (2008), Bank competition and financial stability: Friends or Foes? Policy Research Working Paper Series 4656. The World Bank.10.1596/1813-9450-4656 Search in Google Scholar

13. Berger, A.N., Klapper, L.F. & Turk-Ariss, R. (2009), Bank Competition and Financial Stability. Journal of Financial Services Research, 35 (2), 99-118.10.1007/s10693-008-0050-7 Search in Google Scholar

14. Berger, W.J. & Hannan, T.H. (1989), The price-concentration relationship in banking. Review of Economics and Statistics, 71(2), 291-299.10.2307/1926975 Search in Google Scholar

15. Bhatt, S.J. & Gor, K. (2012), Recent Trends in Marketing Strategy in Banking Sector. Journal of Management and Research, IBMRD. Search in Google Scholar

16. Boyd, H. & De Nicolo, G. (2005), The theory of bank risk-taking and competition revisited. The Journal of Finance, 60(3), 1329-1343. doi:10.1111/j.1540-6261.2005.00763.x10.1111/j.1540-6261.2005.00763.x Search in Google Scholar

17. Carletti, E. & Hartmann, P. (2002), Competition and Stability: What’s Special About Banking? Working Paper No. 146. European Central Bank.10.2139/ssrn.357880 Search in Google Scholar

18. CBK. (2015), Central Bank of Kosovo. Retrieved 2018, from CBK: https://bqkkos.org/?lang=en Search in Google Scholar

19. CBK. (2017), Financial Stability, Number 12. Prishtinë: Central Bank of Kosovo - CBK. Retrieved from https://bqk-kos.org/repository/docs/2017/CBK_FSR_12.pdf Search in Google Scholar

20. CBK. (2018), Quarterly Assessment of the Financial System No. 21, Q IV/2017. Prishtina: Central Bank of Kosovo - CBK. Search in Google Scholar

21. Cetorelli, N. (2003), Life-Cycle Dynamics in Industrial Sectors. The Role of Banking Market Structure. SSRN Electronic Journal, 85, 135-148. doi:10.2139/ssrn.36720110.2139/ssrn.367201 Search in Google Scholar

22. Cetorelli, N. & Strahan, P. (2006), Finance as a barrier to entry: Bank competition and Industry Structure in Local U.S. Markets. Journal of Finance, 61(1), 437-461. doi:https://doi.org/10.1111/j.1540-6261.2006.00841.x10.1111/j.1540-6261.2006.00841.x Search in Google Scholar

23. Chaker, M.N. (2015), Consumers’ perceptions of banks’ country of origin in the UAE. Eurasioan Journal of Economics and Finance, 25-34.10.15604/ejef.2015.03.03.003 Search in Google Scholar

24. Chan, D., Schumacher, D. & Tripe, D. (2007), Bank Competition in New Zealand and Australia. Centre for Financial Studies. Banking and Finance Conference. Melbourne: Centre for Financial Studies. Search in Google Scholar

25. Diallo, A. & Tomek, G. (2015), The Interpretation of the HH-Index Output Value When Used as Mobile Market Competitiveness Indicator. International Journal of Business and Management, Vol. 10, no. 12, 48-53. Search in Google Scholar

26. Durguti, E. (2015), Mbikqyrja Bankare në Stadin Aktual të Zhvillimit në Sistemin Bankar. (Implementimi i Rregullativës së Bazel III dhe Ndikimi i tij në Sistemin Bankar të Kosovës). Tiranë: Universiteti i Tiranës. Search in Google Scholar

27. Durguti, E.A., Krasniqi, H.E. & Krasniqi, D. (2020), Assessing the Performance of Factors Affecting the Profitability of the Banking System: Evidence from Kosovo. European Journal of Sustainable Development, 9(2), 304-314. doi:10.14207/ejsd.2020.v9n2p30410.14207/ejsd.2020.v9n2p304 Search in Google Scholar

28. Fejza, V., Bajrami, H. & Livoreka, R. (2018), Customer Behavior in Commercial Banks of Kosovo. International Journal of Business and Management, Vol. VI(2), 17-35.10.20472/BM.2018.6.2.002 Search in Google Scholar

29. Fischer, G. (1968), American Banking Structure. New York: Columbia University Press. Search in Google Scholar

30. Freixas, X. & Rochet, J. (1997), Microeconomics of Banking. Cambridge: MIT Press. Search in Google Scholar

31. Gilbert, R. (1984), Bank Market Structure and Competition: A Survey. Journal of Money, Credit and Banking 16, 617-644.10.2307/1992096 Search in Google Scholar

32. Giron, A., Meireles, M. & Reyes, A. (2019), Banking Concentration and Financial Reorganization: Greece, Portugal, and Spain in the post-crisis period. PSL Quarterly Review, Vol. 72, no. 291, 259-277. Search in Google Scholar

33. Hannan, T.H. (1991), Bank commercial loan markets and the role of market structure: Evidence from surveys of commercial lending. Journal of Banking & Finance, 15(1), 133-149.10.1016/0378-4266(91)90042-K Search in Google Scholar

34. Hellmann, T.F., Murdock, K.C. & Stiglitz, J.E. (2000), Liberalization, moral hazard in banking and prudential regulation: Are capital controls enough? American, 90(1), 147-165. doi:10.1257/aer.90.1.14710.1257/aer.90.1.147 Search in Google Scholar

35. Hirschman, A.O. (1964), The Paternity of an Index. The American Economic Review. Search in Google Scholar

36. Hyz, A. (2020), State of Greek banking sector. In A. Hyz, SME Finance and the Economic Crisis. Routledge.10.4324/9780429425806 Search in Google Scholar

37. Iveta, R. (2012), Market Power in the Czech Banking Sector. Journal of Competitiveness, Vol. 4, Issue 1, 143-155. Search in Google Scholar

38. Jensen, M. & Meckling, W. (1976), Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3, 305-360.10.1016/0304-405X(76)90026-X Search in Google Scholar

39. King, R. & Levine, R. (1993), Finance and Growth: Schumpeter Might Be Right. Quarterly Journal of Economics 108, 717-737.10.2307/2118406 Search in Google Scholar

40. Krasniqi, F.X. (2018), Strukturat e Tregut. Prishtinë: Instituti i Financave të Kosovës - IFK. Search in Google Scholar

41. Levin, D. (1990), Horizontal Mergers: The 50 Percent Benchmark. The American Economic Review 80(5), 1238-1245. Search in Google Scholar

42. Levine, R. (1997), Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature 35, 688-726. Search in Google Scholar

43. Lijesen, M.G., Nijkamp, P. & Rietveld, P. (2002), Measuring Competition in Civil Aviation. Journal of Air Transport Management, Vol. 8, 189-197.10.1016/S0969-6997(01)00048-5 Search in Google Scholar

44. Lijesin, M.G., Nijkamp, P. & Rietveld, P. (2002), Measuring Competition in Civil Aviation. Journal of Air Transport Management, Vol. 8, 189-197.10.1016/S0969-6997(01)00048-5 Search in Google Scholar

45. Lleshi, S. & Lani, L. (2017), Effects of a Quality Management System on the Financial Performance in Banking Sector: Case Study Kosovo. European Journal Of Multidisciplinary Studies, 2(2), 67-75. doi:10.26417/ejms.v2i2.67-75 Search in Google Scholar

46. Mastromatteo, G. & Esposito, L. (2016), Minsky at Basel: A Global Cap to Build an Effective Postcrisis Banking Supervision Framework. Levi Economic Institute Working Paper, no. 875. Annandale-on-Hudson (NY): Levy Economics Institute of Bard College.10.2139/ssrn.2845995 Search in Google Scholar

47. Mishkin, F.S. (1999), Financial Consolidation: Dangers and Opportunities. Journal of Banking and Finance, 23, 675-691. doi: DOI 10.3386/w665510.3386/w6655 Search in Google Scholar

48. Mustafa, A. & Toçi, V. (2018b), Banking Sector Competition in the Panzar-Rosse Framework and Net Interest Margins: An Empirical Analysis Using the General Method of Moments. Croatian Economic Survey, 20(1), 5-36. doi:10.15179/ces. Search in Google Scholar

49. Mustafa, A. & Toçi, V. (2018a), The Impact of Banking Sector Competition on Banks’ Risk-taking in Transition Economies of Central And South-Eastern Europe. South East European Journal of Economics and Business, Vol 13 (1), 31-42. doi:10.2478/jeb-2018-000410.2478/jeb-2018-0004 Search in Google Scholar

50. Nabiyev, J., Musayev, K. & Yusifzada, L. (2016), Banking Competition and Financial Stability: Evidence from CIS. Munich Personal RePEc Archive, Paper No. 72167. Search in Google Scholar

51. Northcott, C.A. (2004), Competition in Banking: A Review of the Literature. Ottawa, Ontario: Bank of Canada. Search in Google Scholar

52. Omodero, C.O. (2021), Fintech Innovation in the Financial Sector: Influence of E-Money Products on a Growing Economy. Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 31(4), 40-53.10.2478/sues-2021-0018 Search in Google Scholar

53. Park, K.H. (2016), How Competitive and Stable is the Commercial Banking Industry in China after Bank Reforms. KDI Journal of Economic Policy, Vol. 38, No. 1, 53-70. Search in Google Scholar

54. Petersen, M. & Rajan, R. (1995), The Effect of Credit Market Competition on Lending Relationships. The Quarterly Journal of Economics, 110(2), 407-443. doi:10.2307/211844510.2307/2118445 Search in Google Scholar

55. Pruteanu-Podpiera, A., Weill, L. & Schobert, F. (2008), Banking Competition and Efficiency: A Micro-Data Analysis on the Czech Banking Industry. Comparative Economic Studies, 253-273.10.1057/palgrave.ces.8100248 Search in Google Scholar

56. Rafay, A. & Farid, S. (2018), Competitive Environment in Banking Industry: Evidence from an Emerging Economy. Business & Economic Review. Vol. 10, No. 3, 65-84. Search in Google Scholar

57. Rhoades, S. (1982), Welfare Loss, Redistribution Effects and Restriction of Output Due to Monopoly Banking. Journal of Monetary Economics, 375-387.10.1016/0304-3932(82)90024-1 Search in Google Scholar

58. Sanni, M., Salami, A.A. & Uthman, A.B. (2020), Determinants of Bank Performace in Nigeria: Do They Behave Differently With Risk-adjusted Returns? Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 30(3), 1-34.10.2478/sues-2020-0015 Search in Google Scholar

59. Shabani, H., Morina, F. & Misiri, V. (2019), The Effect of Capital Adequacy on Returns of Assets of Commercial Banks in Kosovo. European Journal of Sustainable Development, 8(2), 201-208. doi:https://doi.org/10.14207/ejsd.2019.v8n2p20110.14207/ejsd.2019.v8n2p201 Search in Google Scholar

60. Shijaku, G. & Kalluci, I. (2013), Determinants of bank credit to the private sector: the case of Albania. BK Tirana 36. Tirana: BK. Search in Google Scholar

61. Slahor, L., Majercakova, D. & Mittelman, A. (2015), An empirical study of the correlation between the monetary aggregates and the price level in Euro Area in the years 2004 - 2013. Eurasian Journal of Economics and Finance,e Vol.3, Issue 1, 38-50. Search in Google Scholar

62. Tabak, B.M., Dimas, F.M. & Cajue, D.O. (2012), The relationship between banking market competition and risk-taking: Do size and capitalization matter? Journal of Banking & Finance, 36(12), 3366-3381. doi:10.1016/j.jbankfin.2012.07.02210.1016/j.jbankfin.2012.07.022 Search in Google Scholar

63. Tmava, Q., Avdullahi, A. & Sadikaj, B. (2018), Loan portfolio and nonperforming loans in Western Balkan Countries. Journal of the Finance & Banking Studies, 7(4), 10-20. doi:doi.org/10.20525/ijfbs.v7i4.203 Search in Google Scholar

64. Zogjani, J., Mazelliu, M. & Humolli, B. (2018), The efficiency and impact of banking electronic services: evidence for Kosovo. International Journal of Financial Innovation in Banking, 2(1), 82-93. doi:https://doi.org/10.1504/IJFIB.2018.09242110.1504/IJFIB.2018.092421 Search in Google Scholar

Recommended articles from Trend MD

Plan your remote conference with Sciendo