Denmark : Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/122

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Denmark.

International Monetary Fund.

Banks and banking--Denmark.

Banks and banking.

Competition--Denmark.

Competition.

Denmark--Economic conditions.

Denmark.

Physical Description:

1 online resource (32 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become concentrated, and profitability of banks is relatively high and growing. The Danish Bankers Association and the Danish Consumers Association, in collaboration with the Danish Financial Supervisory Authority, should continue efforts to promote the transparency of pricing and quality of different products and services offered by banks.

Contents:

Cover; Contents; Glossary; Executive Summary; I. Introduction; II. Competition Policy in the Danish Banking Sector; Box; 1. Administration of the Danish Competition Act; III. Profitability and Concentration; A. Indicators of Profitability; Revenues; Tables; 1. Profitability Indicators of Commercial Banks; Figures; 1. Return on Assets of Commercial Banks; 2. Return on Equity of Commercial Banks; 3. Spread Between Deposit and Lending Rates of Commercial Banks; 4. Spread Between Deposit and Lending Rates of Commercial; 5. Net Interest Income; Expenditures; 6. Net Fee and Commission Income

7. Number of Branches of Credit Institutions8. Number of Employees of Credit Institutions; 9. Average Amount of Assets; 10. EU: Operating Expenses of Commercial Banks; 11. Operating Expenses of the Ten Largest Commercial Banks; B. Indicators of Concentration; 12. Specific Provisions for Nonperforming Loans; 2. Number of Commercial Banks; 3. Bank Concentration Ratios; 13. Share of the Five Largest Credit Institutions in Total Assets; 14. EU: Herfindahl Index for Credit Institutions' Total Assets; IV. Barriers to Entry and Contestability; A. Regulatory Barriers to Entry; Prudential regulations

15. Economic Development and Concentration of Credit InstitutionsDeposit insurance requirements; 4. Deposit Insurance Arrangements; B. Economic Barriers to Entry; Consumer mobility; Technological advances; Foreign penetration; 5. Selected Countries: ATM and EFTPOS Penetration

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF copyright page (ebrary, viewed June 29, 2015).

ISBN:

9786613751386

9781455218844

1455218847

9781452771793

1452771790

9781280979774

1280979771

9781452769035

1452769036