Title :
Efficiency, performance and value-at-risk of Latin American banks in a process of economic integration
Author :
Creamer, Germán ; Noe, Thomas ; Spindt, Paul
Author_Institution :
A.B. Freeman Sch. of Bus., Tulane Univ., New Orleans, LA, USA
Abstract :
The article compares the financial performance, value-at-risk, and efficiency of the financial sector in major Latin American countries ([MERCOSUR, Argentina, Brazil, and Chile] and Andean region [Venezuela, Colombia, Ecuador, Peru and Bolivia]). The results of this research are also compared with US and international standards (the Basle Committee). A multivariate regression analysis will determine the factors that explain or help to predict the potential success associated with the levels of efficiency or risk of commercial banks, or at the other extreme, the potential bankruptcy associated with high levels of inefficiency and risk
Keywords :
bank data processing; operations research; risk management; standards; statistical analysis; Andean region; Argentina; Basle Committee; Bolivia; Brazil; Chile; Colombia; Ecuador; Latin American banks; Latin American countries; MERCOSUR; Peru; US standards; Venezuela; commercial banks; economic integration; financial performance; financial sector; international standards; multivariate regression analysis; potential bankruptcy; value-at-risk; Banking; Business; Data envelopment analysis; Economic forecasting; Environmental economics; Finance; Macroeconomics; Multivariate regression; Risk analysis; Testing;
Conference_Titel :
Computational Intelligence for Financial Engineering, 2000. (CIFEr) Proceedings of the IEEE/IAFE/INFORMS 2000 Conference on
Conference_Location :
New York, NY
Print_ISBN :
0-7803-6429-5
DOI :
10.1109/CIFER.2000.844607
