Empirical study on efficiency of Singaporean banks

With trends rapidly moving towards globalisation and e-commerce, the traditional brick-and-mortar banking industries have no choice but to undergo a revolutionary phase. Singapore's domestic banking industry, likeher regional counterparts, has also been swept into the race for greater integrati...

Full description

Bibliographic Details
Main Authors: Lim, Gim Hoe, Yang, Camillus, Cheong, Belinda
Other Authors: Tan, Khee Giap
Format: Final Year Project (FYP)
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/8276
_version_ 1811684159336218624
author Lim, Gim Hoe
Yang, Camillus
Cheong, Belinda
author2 Tan, Khee Giap
author_facet Tan, Khee Giap
Lim, Gim Hoe
Yang, Camillus
Cheong, Belinda
author_sort Lim, Gim Hoe
collection NTU
description With trends rapidly moving towards globalisation and e-commerce, the traditional brick-and-mortar banking industries have no choice but to undergo a revolutionary phase. Singapore's domestic banking industry, likeher regional counterparts, has also been swept into the race for greater integration and better operational efficiency. Local banks must realise the importance of using bank efficiency rather than bank profitability forthe determination of strategic directions and long-term performance. In fact, they have been urged by the Monetary Authority of Singapore (MAS) to shape up or risk being shaken out of the race. In our study, a stochasticfrontier analysis and the translog cost function was used to investigate the efficiency of five local banks with a pooled-data sample from 1991 to 1998. The five local banks in our scope consist of the Development Bank of Singapore (DBS), Keppel TatLee Bank (KTL), Overseas Chinese BankingCorporation (OCBC), Overseas Union Bank (OUB) and United Overseas Bank (UOB
first_indexed 2024-10-01T04:24:12Z
format Final Year Project (FYP)
id ntu-10356/8276
institution Nanyang Technological University
last_indexed 2024-10-01T04:24:12Z
publishDate 2008
record_format dspace
spelling ntu-10356/82762023-05-19T07:23:12Z Empirical study on efficiency of Singaporean banks Lim, Gim Hoe Yang, Camillus Cheong, Belinda Tan, Khee Giap Nanyang Business School DRNTU::Business::Finance::Banking With trends rapidly moving towards globalisation and e-commerce, the traditional brick-and-mortar banking industries have no choice but to undergo a revolutionary phase. Singapore's domestic banking industry, likeher regional counterparts, has also been swept into the race for greater integration and better operational efficiency. Local banks must realise the importance of using bank efficiency rather than bank profitability forthe determination of strategic directions and long-term performance. In fact, they have been urged by the Monetary Authority of Singapore (MAS) to shape up or risk being shaken out of the race. In our study, a stochasticfrontier analysis and the translog cost function was used to investigate the efficiency of five local banks with a pooled-data sample from 1991 to 1998. The five local banks in our scope consist of the Development Bank of Singapore (DBS), Keppel TatLee Bank (KTL), Overseas Chinese BankingCorporation (OCBC), Overseas Union Bank (OUB) and United Overseas Bank (UOB 2008-09-24T07:19:20Z 2008-09-24T07:19:20Z 2000 2000 Final Year Project (FYP) http://hdl.handle.net/10356/8276 Nanyang Technological University application/pdf
spellingShingle DRNTU::Business::Finance::Banking
Lim, Gim Hoe
Yang, Camillus
Cheong, Belinda
Empirical study on efficiency of Singaporean banks
title Empirical study on efficiency of Singaporean banks
title_full Empirical study on efficiency of Singaporean banks
title_fullStr Empirical study on efficiency of Singaporean banks
title_full_unstemmed Empirical study on efficiency of Singaporean banks
title_short Empirical study on efficiency of Singaporean banks
title_sort empirical study on efficiency of singaporean banks
topic DRNTU::Business::Finance::Banking
url http://hdl.handle.net/10356/8276
work_keys_str_mv AT limgimhoe empiricalstudyonefficiencyofsingaporeanbanks
AT yangcamillus empiricalstudyonefficiencyofsingaporeanbanks
AT cheongbelinda empiricalstudyonefficiencyofsingaporeanbanks