Evaluating Bank Efficiency in the West Balkan Countries Using Data Envelopment Analysis
Abstract
:1. Introduction
2. Literature Review
3. Methodology and Data
4. Results and Discussion
5. Concluding Remarks
Author Contributions
Funding
Conflicts of Interest
Appendix A
2015 | 2016 | 2017 | 2018 | 2019 | |||||
---|---|---|---|---|---|---|---|---|---|
DMU | Score | DMU | Score | DMU | Score | DMU | Score | DMU | Score |
Albania1 | 1.00 | Albania1 | 0.80 | Albania1 | 0.69 | Albania1 | 0.41 | Albania1 | 0.41 |
Albania2 | 1.00 | Albania2 | 1.00 | Albania2 | 1.00 | Albania2 | 0.85 | Albania2 | 0.91 |
Albania3 | 1.00 | Albania3 | 1.00 | Albania3 | 1.00 | Albania3 | 0.78 | Albania3 | 0.69 |
Albania4 | 1.00 | Albania4 | 1.00 | Albania4 | 1.00 | Albania4 | 1.00 | Albania4 | 1.00 |
Albania5 | 1.00 | Albania5 | 0.80 | Albania5 | 0.75 | Albania5 | 0.64 | Albania5 | 0.63 |
Albania6 | 1.00 | Albania6 | 1.00 | Albania6 | 1.00 | Albania6 | 1.00 | Albania6 | 1.00 |
Albania7 | 0.91 | Albania7 | 0.88 | Albania7 | 0.81 | Albania7 | 0.55 | Albania7 | 0.63 |
Albania8 | 1.00 | Albania8 | 1.00 | Albania8 | 1.00 | Albania8 | 1.00 | Albania8 | 0.59 |
Albania9 | 1.00 | Albania9 | 1.00 | Albania9 | 1.00 | Albania9 | 1.00 | Albania9 | 0.74 |
Albania10 | 0.75 | Albania10 | 0.56 | Albania10 | 0.53 | Albania10 | 0.81 | Albania10 | 0.64 |
Albania11 | 1.00 | Albania11 | 0.60 | Albania11 | 0.58 | Albania11 | 1.00 | Albania11 | 1.00 |
Albania12 | 1.00 | Albania12 | 1.00 | Albania12 | 1.00 | Albania12 | 1.00 | Albania12 | 1.00 |
Average | 0.97 | 0.89 | 0.86 | 0.84 | 0.77 | ||||
Bosnia & Herzegovina1 | 1.00 | Bosnia & Herzegovina1 | 1.00 | Bosnia & Herzegovina1 | 0.94 | Bosnia & Herzegovina1 | 0.97 | Bosnia & Herzegovina1 | 0.97 |
Bosnia & Herzegovina2 | 0.92 | Bosnia & Herzegovina2 | 0.74 | Bosnia & Herzegovina2 | 0.89 | Bosnia & Herzegovina2 | 0.89 | Bosnia & Herzegovina2 | 0.86 |
Bosnia & Herzegovina3 | 1.00 | Bosnia & Herzegovina3 | 1.00 | Bosnia & Herzegovina3 | 1.00 | Bosnia & Herzegovina3 | 0.84 | Bosnia & Herzegovina3 | 1.00 |
Bosnia & Herzegovina4 | 0.93 | Bosnia & Herzegovina4 | 0.92 | Bosnia & Herzegovina4 | 0.94 | Bosnia & Herzegovina4 | 1.00 | Bosnia & Herzegovina4 | 1.00 |
Bosnia & Herzegovina5 | 1.00 | Bosnia & Herzegovina5 | 1.00 | Bosnia & Herzegovina5 | 1.00 | Bosnia & Herzegovina5 | 1.00 | Bosnia & Herzegovina5 | 1.00 |
Bosnia & Herzegovina6 | 0.87 | Bosnia & Herzegovina6 | 0.96 | Bosnia & Herzegovina6 | 0.99 | Bosnia & Herzegovina6 | 0.90 | Bosnia & Herzegovina6 | 0.96 |
Bosnia & Herzegovina7 | 1.00 | Bosnia & Herzegovina7 | 1.00 | Bosnia & Herzegovina7 | 0.86 | Bosnia & Herzegovina7 | 1.00 | Bosnia & Herzegovina7 | 0.83 |
Bosnia & Herzegovina8 | 1.00 | Bosnia & Herzegovina8 | 1.00 | Bosnia & Herzegovina8 | 1.00 | Bosnia & Herzegovina8 | 1.00 | Bosnia & Herzegovina8 | 0.89 |
Bosnia & Herzegovina9 | 1.00 | Bosnia & Herzegovina9 | 1.00 | Bosnia & Herzegovina9 | 1.00 | Bosnia & Herzegovina9 | 1.00 | Bosnia & Herzegovina9 | 1.00 |
Bosnia & Herzegovina10 | 0.61 | Bosnia & Herzegovina10 | 0.78 | Bosnia & Herzegovina10 | 0.67 | Bosnia & Herzegovina10 | 0.77 | Bosnia & Herzegovina10 | 0.61 |
Bosnia & Herzegovina11 | 1.00 | Bosnia & Herzegovina11 | 1.00 | Bosnia & Herzegovina11 | 1.00 | Bosnia & Herzegovina11 | 1.00 | Bosnia & Herzegovina11 | 1.00 |
Bosnia & Herzegovina12 | 0.89 | Bosnia & Herzegovina12 | 0.95 | Bosnia & Herzegovina12 | 0.97 | Bosnia & Herzegovina12 | 0.96 | Bosnia & Herzegovina12 | 0.92 |
Bosnia & Herzegovina13 | 1.00 | Bosnia & Herzegovina13 | 1.00 | Bosnia & Herzegovina13 | 1.00 | Bosnia & Herzegovina13 | 1.00 | Bosnia & Herzegovina13 | 1.00 |
Bosnia & Herzegovina14 | 0.86 | Bosnia & Herzegovina14 | 1.00 | Bosnia & Herzegovina14 | 0.90 | Bosnia & Herzegovina14 | 0.85 | Bosnia & Herzegovina14 | 0.69 |
Bosnia & Herzegovina15 | 0.80 | Bosnia & Herzegovina15 | 0.93 | Bosnia & Herzegovina15 | 1.00 | Bosnia & Herzegovina15 | 1.00 | Bosnia & Herzegovina15 | 1.00 |
Bosnia & Herzegovina16 | 0.66 | Bosnia & Herzegovina16 | 0.80 | Bosnia & Herzegovina16 | 0.88 | Bosnia & Herzegovina16 | 0.94 | Bosnia & Herzegovina16 | 0.83 |
Average | 0.91 | 0.94 | 0.94 | 0.95 | 0.91 | ||||
North Macedonia1 | 1.00 | North Macedonia1 | 0.95 | North Macedonia1 | 1.00 | North Macedonia1 | 1.00 | North Macedonia1 | 1.00 |
North Macedonia2 | 0.90 | North Macedonia2 | 0.92 | North Macedonia2 | 0.83 | North Macedonia2 | 0.80 | North Macedonia2 | 0.83 |
North Macedonia3 | 0.97 | North Macedonia3 | 0.88 | North Macedonia3 | 0.87 | North Macedonia3 | 0.76 | North Macedonia3 | 0.82 |
North Macedonia4 | 1.00 | North Macedonia4 | 1.00 | North Macedonia4 | 1.00 | North Macedonia4 | 1.00 | North Macedonia4 | 1.00 |
North Macedonia5 | 1.00 | North Macedonia5 | 1.00 | North Macedonia5 | 1.00 | North Macedonia5 | 1.00 | North Macedonia5 | 1.00 |
North Macedonia6 | 1.00 | North Macedonia6 | 0.68 | North Macedonia6 | 1.00 | North Macedonia6 | 1.00 | North Macedonia6 | 1.00 |
North Macedonia7 | 1.00 | North Macedonia7 | 1.00 | North Macedonia7 | 1.00 | North Macedonia7 | 1.00 | North Macedonia7 | 1.00 |
North Macedonia8 | 1.00 | North Macedonia8 | 1.00 | North Macedonia8 | 1.00 | North Macedonia8 | 1.00 | North Macedonia8 | 1.00 |
North Macedonia9 | 1.00 | North Macedonia9 | 1.00 | North Macedonia9 | 0.79 | North Macedonia9 | 0.78 | North Macedonia9 | 0.81 |
North Macedonia10 | 0.76 | North Macedonia10 | 0.91 | North Macedonia10 | 1.00 | North Macedonia10 | 1.00 | North Macedonia10 | 1.00 |
North Macedonia11 | 1.00 | North Macedonia11 | 1.00 | North Macedonia11 | 1.00 | North Macedonia11 | 1.00 | North Macedonia11 | 1.00 |
North Macedonia12 | 1.00 | North Macedonia12 | 1.00 | North Macedonia12 | 1.00 | North Macedonia12 | 1.00 | North Macedonia13 | 1.00 |
North Macedonia13 | 1.00 | North Macedonia13 | 1.00 | North Macedonia13 | 1.00 | North Macedonia13 | 1.00 | ||
Average | 0.97 | 0.95 | 0.96 | 0.95 | 0.95 | ||||
Montenegro1 | 1.00 | Montenegro1 | 1.00 | Montenegro1 | 1.00 | Montenegro1 | 1.00 | Montenegro1 | 1.00 |
Montenegro2 | 0.98 | Montenegro2 | 1.00 | Montenegro2 | 1.00 | Montenegro2 | 1.00 | Montenegro2 | 1.00 |
Montenegro3 | 0.77 | Montenegro3 | 1.00 | Montenegro3 | 0.91 | Montenegro3 | 1.00 | Montenegro3 | 0.82 |
Montenegro4 | 1.00 | Montenegro4 | 1.00 | Montenegro4 | 1.00 | Montenegro4 | 1.00 | Montenegro4 | 1.00 |
Montenegro5 | 0.91 | Montenegro5 | 0.91 | Montenegro5 | 1.00 | Montenegro5 | 1.00 | Montenegro5 | 0.97 |
Montenegro6 | 0.88 | Montenegro6 | 0.84 | Montenegro6 | 0.86 | Montenegro6 | 0.61 | Montenegro6 | 0.72 |
Montenegro7 | 1.00 | Montenegro7 | 0.91 | Montenegro7 | 1.00 | Montenegro7 | 1.00 | Montenegro7 | 1.00 |
Montenegro8 | 1.00 | Montenegro8 | 0.42 | Montenegro8 | 0.58 | Montenegro8 | 0.57 | Montenegro8 | 1.00 |
Montenegro9 | 0.67 | Montenegro9 | 1.00 | Montenegro9 | 0.96 | Montenegro9 | 0.92 | Montenegro9 | 0.94 |
Montenegro10 | 1.00 | Montenegro10 | 1.00 | Montenegro10 | 1.00 | Montenegro10 | 1.00 | Montenegro10 | 0.74 |
Montenegro11 | 1.00 | Montenegro11 | 1.00 | Montenegro11 | 1.00 | Montenegro11 | 1.00 | Montenegro11 | 1.00 |
Montenegro12 | 1.00 | Montenegro12 | 1.00 | Montenegro12 | 1.00 | Montenegro12 | 1.00 | ||
Average | 0.93 | 0.92 | 0.94 | 0.93 | 0.93 | ||||
Serbia1 | 0.42 | Serbia1 | 0.46 | Serbia1 | 0.26 | Serbia1 | 0.57 | Serbia1 | 1.00 |
Serbia2 | 0.51 | Serbia2 | 0.41 | Serbia2 | 0.72 | Serbia2 | 0.79 | Serbia2 | 1.00 |
Serbia3 | 0.68 | Serbia3 | 0.98 | Serbia3 | 1.00 | Serbia3 | 0.98 | Serbia3 | 1.00 |
Serbia4 | 1.00 | Serbia4 | 1.00 | Serbia4 | 1.00 | Serbia4 | 1.00 | Serbia4 | 1.00 |
Serbia6 | 1.00 | Serbia5 | 0.00 | Serbia5 | 1.00 | Serbia5 | 1.00 | Serbia5 | 1.00 |
Serbia7 | 1.00 | Serbia6 | 1.00 | Serbia6 | 1.00 | Serbia6 | 1.00 | Serbia6 | 1.00 |
Serbia8 | 1.00 | Serbia7 | 0.89 | Serbia7 | 1.00 | Serbia7 | 1.00 | Serbia7 | 0.67 |
Serbia9 | 1.00 | Serbia8 | 0.46 | Serbia8 | 0.89 | Serbia8 | 1.00 | Serbia8 | 0.77 |
Serbia10 | 0.92 | Serbia9 | 1.00 | Serbia9 | 0.87 | Serbia9 | 0.78 | Serbia9 | 0.68 |
Serbia11 | 1.00 | Serbia10 | 0.70 | Serbia10 | 1.00 | Serbia10 | 1.00 | Serbia10 | 0.73 |
Serbia12 | 0.70 | Serbia11 | 0.47 | Serbia11 | 1.00 | Serbia11 | 0.66 | Serbia11 | 0.59 |
Serbia13 | 0.32 | Serbia12 | 0.67 | Serbia12 | 0.77 | Serbia12 | 0.81 | Serbia12 | 0.71 |
Serbia14 | 1.00 | Serbia13 | 0.30 | Serbia13 | 0.39 | Serbia13 | 1.00 | Serbia13 | 0.53 |
Serbia15 | 1.00 | Serbia14 | 1.00 | Serbia14 | 1.00 | Serbia14 | 1.00 | Serbia14 | 1.00 |
Serbia16 | 0.48 | Serbia15 | 0.35 | Serbia15 | 0.26 | Serbia15 | 1.00 | Serbia15 | 1.00 |
Serbia17 | 0.73 | Serbia16 | 0.40 | Serbia16 | 0.62 | Serbia16 | 0.72 | Serbia16 | 0.69 |
Serbia18 | 1.00 | Serbia17 | 0.67 | Serbia17 | 0.82 | Serbia17 | 0.78 | Serbia17 | 0.64 |
Serbia19 | 1.00 | Serbia18 | 1.00 | Serbia18 | 1.00 | Serbia18 | 1.00 | Serbia18 | 0.83 |
Serbia20 | 1.00 | Serbia19 | 1.00 | Serbia19 | 1.00 | Serbia19 | 1.00 | Serbia19 | 1.00 |
Serbia21 | 1.00 | Serbia20 | 1.00 | Serbia20 | 0.92 | Serbia20 | 0.69 | Serbia20 | 0.42 |
Serbia22 | 0.75 | Serbia21 | 1.00 | Serbia21 | 1.00 | Serbia21 | 1.00 | Serbia21 | 0.98 |
Serbia23 | 1.00 | Serbia22 | 0.59 | Serbia22 | 0.84 | Serbia22 | 0.79 | Serbia22 | 0.60 |
Serbia24 | 0.20 | Serbia23 | 1.00 | Serbia23 | 0.29 | Serbia23 | 0.76 | Serbia23 | 0.58 |
Serbia25 | 1.00 | Serbia24 | 0.30 | Serbia24 | 0.36 | Serbia24 | 1.00 | Serbia24 | 0.85 |
Serbia26 | 0.63 | Serbia25 | 1.00 | Serbia25 | 0.85 | Serbia25 | 0.90 | Serbia25 | 0.93 |
Serbia26 | 0.41 | Serbia26 | 0.64 | Serbia26 | 0.65 | Serbia26 | 0.79 | ||
Average | 0.81 | 0.69 | 0.79 | 0.88 | 0.81 |
Appendix B
DMU | Slack Movement (Loans) | Slack Movement (Investment) | Proportionate Movement (Net Income) | Slack Movement (Net Income) | Proportionate Movement (Interest Income) | Slack Movement (Interest Income) | Proportionate Movement (Noninterest Income) | Slack Movement (Noninterest Income) |
---|---|---|---|---|---|---|---|---|
Albania1 | 0.00 | −10,319,445.95 | 202,613.14 | 847,510.25 | 3,481,878.39 | 0.00 | 718,482.59 | 0.00 |
Albania2 | 0.00 | −27,899,515.18 | 76,750.49 | 0.00 | 292,524.53 | 0.00 | 29,939.40 | 464,962.48 |
Albania3 | −11,111,297.70 | −51,942,814.93 | 577,021.78 | 307,502.22 | 3,692,202.13 | 0.00 | 676,773.77 | 0.00 |
Albania4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Albania5 | 0.00 | −57,494,552.35 | 1,024,688.22 | 0.00 | 2,595,880.93 | 0.00 | 511,601.93 | 1,076,794.51 |
Albania6 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Albania7 | 0.00 | −15,110,197.52 | 549,840.32 | 0.00 | 2,234,970.67 | 0.00 | 392,761.91 | 356,585.44 |
Albania8 | −6,145,130.24 | 0.00 | 0.00 | 456,073.52 | 758,397.49 | 0.00 | 184,096.65 | 0.00 |
Albania9 | −4,134,606.26 | −47,690,708.77 | 1,070,162.48 | 1,187,914.10 | 2,524,782.20 | 0.00 | 1,188,102.91 | 0.00 |
Albania10 | 0.00 | −23,745,094.65 | 0.00 | 694,461.18 | 1,296,737.66 | 0.00 | 269,989.03 | 0.00 |
Albania11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Albania12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia& Herzegovina1 | 0.00 | −169,260.74 | 216.84 | 0.00 | 888.71 | 0.00 | 499.56 | 192.11 |
Bosnia&Herzegovina2 | 0.00 | −422.38 | 937.31 | 0.00 | 2639.96 | 0.00 | 1247.68 | 260.28 |
Bosnia& Herzegovina3 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia& Herzegovina4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia&Herzegovina5 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia& Herzegovina6 | 0.00 | −59,089.27 | 831.75 | 0.00 | 1920.37 | 1946.13 | 1173.16 | 0.00 |
Bosnia&Herzegovina7 | 0.00 | 0.00 | 704.68 | 1173.73 | 2416.64 | 0.00 | 1444.03 | 0.00 |
Bosnia& Herzegovina8 | 0.00 | 0.00 | 94.30 | 4852.05 | 1809.09 | 0.00 | 719.09 | 908.30 |
Bosnia& Herzegovina9 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia&Herzegovina10 | 0.00 | 0.00 | 232.13 | 2683.05 | 4402.01 | 0.00 | 1124.43 | 3416.21 |
Bosnia& Herzegovina11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia&Herzegovina12 | 0.00 | −40,542.07 | 2129.53 | 0.00 | 5046.25 | 0.00 | 2382.05 | 1034.28 |
Bosnia& Herzegovina13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia& Herzegovina14 | 0.00 | −170,988.28 | 105.69 | 953.88 | 4864.25 | 0.00 | 1257.39 | 3549.39 |
Bosnia&Herzegovina15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Bosnia& Herzegovina16 | 0.00 | −3528.42 | 245.54 | 6238.91 | 7206.06 | 0.00 | 2058.61 | 5182.77 |
Montenegro1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro3 | 0.00 | 0.00 | 263.97 | 1373.68 | 2513.59 | 0.00 | 1284.69 | 0.00 |
Montenegro4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro5 | 0.00 | 0.00 | 267.22 | 0.00 | 713.34 | 2187.08 | 379.10 | 0.00 |
Montenegro6 | 0.00 | 0.00 | 392.84 | 339.70 | 2142.50 | 0.00 | 779.84 | 961.87 |
Montenegro7 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro8 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro9 | 0.00 | 0.00 | 128.42 | 768.92 | 745.61 | 0.00 | 130.88 | 1392.09 |
Montenegro10 | 0.00 | −16,814.64 | 86.75 | 660.57 | 1242.53 | 0.00 | 577.36 | 1421.85 |
Montenegro11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Montenegro12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia02 | 0.00 | 0.00 | 146,061.09 | 430,162.49 | 331,972.08 | 0.00 | 68,967.74 | 86,935.57 |
North Macedonia03 | 0.00 | 0.00 | 59,105.55 | 156,525.12 | 146,011.86 | 0.00 | 35,403.65 | 12,509.40 |
North Macedonia04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia09 | 0.00 | 0.00 | 2343.09 | 161,710.78 | 66,340.97 | 0.00 | 17,981.85 | 0.00 |
North Macedonia10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
North Macedonia13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia3 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia5 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia6 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia7 | 0.00 | 0.00 | 560,323.81 | 1,291,718.81 | 1,853,381.76 | 0.00 | 737,386.91 | 0.00 |
Serbia8 | 0.00 | 0.00 | 50,121.53 | 1,143,246.22 | 698,732.42 | 0.00 | 182,816.64 | 0.00 |
Serbia9 | 0.00 | 0.00 | 1,234,109.42 | 1,875,636.78 | 3,371,455.34 | 0.00 | 813,799.06 | 876,233.08 |
Serbia10 | 0.00 | 0.00 | 111,798.84 | 3,922,468.67 | 2,396,254.33 | 0.00 | 723,475.49 | 0.00 |
Serbia11 | 0.00 | −1,750,533.59 | 0.00 | 191,598.26 | 343,859.14 | 0.00 | 88019.41 | 0.00 |
Serbia12 | 0.00 | 0.00 | 196,671.04 | 866,503.61 | 875,250.94 | 0.00 | 320,838.47 | 0.00 |
Serbia13 | 0.00 | 0.00 | 167,069.72 | 0.00 | 560,857.74 | 0.00 | 112,576.01 | 0.00 |
Serbia14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia16 | 0.00 | −1,499,126.32 | 15,235.21 | 104,133.04 | 258,680.95 | 0.00 | 6646.73 | 2235.07 |
Serbia17 | 0.00 | 0.00 | 268,816.84 | 1,050,717.76 | 1,349,621.18 | 0.00 | 403,279.15 | 0.00 |
Serbia18 | 0.00 | 0.00 | 906,321.22 | 3,973,124.26 | 2,342,622.90 | 0.00 | 698,583.66 | 1,482,096.34 |
Serbia19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Serbia20 | 0.00 | 0.00 | 948,596.91 | 1,559,275.73 | 3,674,282.30 | 0.00 | 1,366,286.83 | 0.00 |
Serbia21 | 0.00 | 0.00 | 130,012.33 | 849,085.29 | 214,911.28 | 424,774.38 | 92,386.97 | 0.00 |
Serbia22 | 0.00 | 0.00 | 206,714.98 | 3,172,506.57 | 2,811,632.24 | 0.00 | 1,032,623.53 | 0.00 |
Serbia23 | 0.00 | −2,042,829.44 | 34,307.21 | 0.00 | 176,959.91 | 0.00 | 72,269.12 | 0.00 |
Serbia24 | 0.00 | −5,655,027.12 | 0.00 | 160,400.98 | 109,457.94 | 0.00 | 33,175.83 | 0.00 |
Serbia25 | 0.00 | −94,408,111.64 | 614,570.53 | 1,018,022.62 | 1,023,193.02 | 0.00 | 300,929.77 | 1,642,451.43 |
Serbia26 | 0.00 | −11,667,424.83 | 1,635,536.91 | 0.00 | 1,612,317.14 | 576,557.60 | 577,392.61 | 0.00 |
Appendix C
DMU | Projection (Loans) | Projection (Investment) | Projection (Net Income) | Projection (Interest Income) | Projection (Noninterest Income) |
---|---|---|---|---|---|
Albania1 | 49,096,090.00 | 7,154,774.05 | 1,188,141.39 | 5,853,698.39 | 1,207,905.59 |
Albania2 | 30,533,526.00 | 3,925,158.82 | 825,290.49 | 3,145,487.53 | 786,897.87 |
Albania3 | 92,510,702.30 | 13,863,125.07 | 2,179,335.00 | 11,977,338.13 | 2,195,423.77 |
Albania4 | 5,924,760.00 | 797,366.00 | 19,144.00 | 273,144.00 | 98,344.00 |
Albania5 | 75,104,205.00 | 9,425,090.65 | 2,732,562.22 | 6,922,501.93 | 2,441,096.45 |
Albania6 | 250,782,251.00 | 18,271,935.00 | 17,523,372.00 | 1,752,372.00 | 13,957,406.00 |
Albania7 | 53,469,389.00 | 7,338,500.48 | 1,476,247.32 | 6,000,595.67 | 1,411,098.35 |
Albania8 | 19,028,341.76 | 2,288,243.00 | 456,073.52 | 1,830,999.49 | 444,464.65 |
Albania9 | 125,369,283.74 | 14,778,433.23 | 5,364,893.58 | 9,854,544.20 | 4,637,315.91 |
Albania10 | 31,179,091.00 | 4,530,881.35 | 694,461.18 | 3,561,298.66 | 741,485.03 |
Albania11 | 77,358,301.00 | 13,441,040.00 | 710,347.00 | 12,956,243.00 | 1,069,370.00 |
Albania12 | 550,0594.00 | 386,802.00 | 8778.00 | 321,754.00 | 32,785.00 |
Bosnia& Herzegovina1 | 54,2571.00 | 26,292.26 | 7506.84 | 30,766.71 | 17,486.66 |
Bosnia&Herzegovina2 | 332,833.00 | 49,186.62 | 6687.31 | 18,834.96 | 9161.96 |
Bosnia& Herzegovina3 | 890,239.00 | 613.00 | 11764.00 | 36,643.00 | 13,717.00 |
Bosnia& Herzegovina4 | 1,587,533.00 | 6134.00 | 33,923.00 | 78,039.00 | 33,208.00 |
Bosnia&Herzegovina5 | 57,713.00 | 4.00 | 1451.00 | 3323.00 | 3397.00 |
Bosnia& Herzegovina6 | 872,921.00 | 39,201.73 | 19,385.75 | 46,704.50 | 27,343.16 |
Bosnia&Herzegovina7 | 290,630.00 | 1184.00 | 5334.42 | 14,268.64 | 8526.03 |
Bosnia& Herzegovina8 | 398,254.00 | 279.00 | 5739.35 | 17,022.09 | 7674.40 |
Bosnia& Herzegovina9 | 2,889,431.00 | 27,913.00 | 56,901.00 | 154,930.00 | 96,038.00 |
Bosnia&Herzegovina10 | 204,752.00 | 992.00 | 3274.18 | 11,210.01 | 6279.64 |
Bosnia& Herzegovina11 | 973,371.00 | 6936.00 | 10,268.00 | 53,817.00 | 21,382.00 |
Bosnia&Herzegovina12 | 1,121,611.00 | 118,636.93 | 25,616.53 | 60,702.25 | 29,688.33 |
Bosnia& Herzegovina13 | 3,552,913.00 | 527,263.00 | 101,071.00 | 186,280.00 | 74,671.00 |
Bosnia& Herzegovina14 | 256,399.00 | 25,501.72 | 1293.57 | 15,634.25 | 7590.77 |
Bosnia&Herzegovina15 | 159,766.00 | 28,004.00 | 84.00 | 10,488.00 | 5732.00 |
Bosnia& Herzegovina16 | 768,248.00 | 12,247.58 | 7700.45 | 42,893.06 | 17,436.38 |
Montenegro1 | 516,982.00 | 80,086.00 | 3618.00 | 25,988.00 | 18,017.00 |
Montenegro2 | 249,776.00 | 134,758.00 | 4863.00 | 19,741.00 | 16,989.00 |
Montenegro3 | 220,571.00 | 32,567.00 | 2853.66 | 14,092.59 | 7202.69 |
Montenegro4 | 385,757.00 | 23,856.00 | 12,270.00 | 25,643.00 | 7393.00 |
Montenegro5 | 397,736.00 | 56,772.00 | 8366.22 | 24,520.41 | 11,869.10 |
Montenegro6 | 101,384.00 | 21,952.00 | 1741.54 | 7645.50 | 3744.71 |
Montenegro7 | 188,391.00 | 296.00 | 3369.00 | 13,954.00 | 3451.00 |
Montenegro8 | 103,318.00 | 109,703.00 | 3241.00 | 4570.00 | 7097.00 |
Montenegro9 | 156,919.00 | 6841.00 | 2777.34 | 11,660.61 | 3438.98 |
Montenegro10 | 61,620.00 | 29,063.36 | 991.32 | 4737.53 | 3623.21 |
Montenegro11 | 773,248.00 | 7855.00 | 1216.00 | 35,687.00 | 10,195.00 |
Montenegro12 | 13,444.00 | 2001.00 | 0.00 | 896.00 | 201.00 |
North Macedonia01 | 4,375,948.00 | 127,348.00 | 44,318.00 | 194,678.00 | 73,875.00 |
North Macedonia02 | 38,120,261.00 | 6,852,166.00 | 1,278,216.58 | 1,927,483.08 | 487,373.31 |
North Macedonia03 | 16,096,746.00 | 2,227,346.00 | 480,252.68 | 799,722.86 | 206,419.06 |
North Macedonia04 | 1,662,494.00 | 426,020.00 | 17,075.00 | 101,251.00 | 23,094.00 |
North Macedonia05 | 55,484,418.00 | 16,016,583.00 | 1,826,825.00 | 2,404,765.00 | 998,984.00 |
North Macedonia06 | 9,407,635.00 | 9072.00 | 18,367.00 | 84,201.00 | 12,104.00 |
North Macedonia07 | 59,058,925.00 | 16,760,848.00 | 2,023,627.00 | 3,018,006.00 | 921,438.00 |
North Macedonia08 | 25,119,749.00 | 572,070.00 | 255,980.00 | 626,869.00 | 175,452.00 |
North Macedonia09 | 6,782,698.00 | 1,026,542.00 | 173,891.86 | 344,888.97 | 93,482.85 |
North Macedonia10 | 6,439,728.00 | 729,979.00 | 16,968.00 | 291,741.00 | 113,072.00 |
North Macedonia11 | 68,321,584.00 | 10,460,058.00 | 2,317,114.00 | 3,428,823.00 | 825,790.00 |
North Macedonia13 | 5,107,178.00 | 1,487,817.00 | 108,369.00 | 268,129.00 | 139,365.00 |
Serbia1 | 5,077,557.00 | 1,880,122.00 | 0.00 | 187,809.00 | 73,675.00 |
Serbia2 | 70,363,878.00 | 14,714,723.00 | 1,107,695.00 | 3,584,298.00 | 1,369,682.00 |
Serbia3 | 136,672,957.00 | 43,478,821.00 | 8,230,318.00 | 6,564,726.00 | 1,349,459.00 |
Serbia4 | 425,076,129.00 | 114,918,075.00 | 12,329,459.00 | 20,388,188.00 | 7,691,852.00 |
Serbia5 | 6,516,791.00 | 6,533,676.00 | 33,660.00 | 145,205.00 | 272,338.00 |
Serbia6 | 81,056,992.00 | 149,179,933.00 | 2,652,546.00 | 7,518,046.00 | 1,520,570.00 |
Serbia7 | 97,595,144.00 | 97,926,467.00 | 2,981,056.62 | 5,587,818.76 | 2,223,170.91 |
Serbia8 | 40,104,674.00 | 49,168,974.00 | 1,363,110.75 | 3,065,079.42 | 801,948.64 |
Serbia9 | 162,436,370.00 | 205,073,415.00 | 5,789,512.19 | 10,692,290.34 | 3,457,129.14 |
Serbia10 | 136,632,247.00 | 145,775,943.00 | 4,343,117.51 | 9,016,029.33 | 2,722,113.49 |
Serbia11 | 9,903,623.00 | 10,882,295.41 | 191,598.26 | 843,005.14 | 215,788.41 |
Serbia12 | 47,257,530.00 | 55,874,736.00 | 1,536,010.65 | 2,979,526.94 | 1,092,197.47 |
Serbia13 | 13,199,440.00 | 13,775,653.00 | 352,455.72 | 1,183,203.74 | 237,494.01 |
Serbia14 | 205,586,521.00 | 348,155,504.00 | 8,955,759.00 | 12,605,384.00 | 5,328,996.00 |
Serbia15 | 3,445,960.00 | 5,506,762.00 | 0.00 | 142,352.00 | 26,559.00 |
Serbia16 | 7,234,587.00 | 8,665,246.68 | 153,420.25 | 836,854.95 | 23,737.80 |
Serbia17 | 54,132,640.00 | 63,236,462.00 | 1,805,903.60 | 3,791,484.18 | 1,132,930.15 |
Serbia18 | 247,185,738.00 | 289,945,144.00 | 9,409,621.48 | 14,052,040.90 | 5,672,496.00 |
Serbia19 | 14,781,473.00 | 14,956,899.00 | 459,031.00 | 2,220,294.00 | 18,118.00 |
Serbia20 | 106,413,055.00 | 106,811,468.00 | 3,188,857.63 | 6,312,000.30 | 2,347,125.83 |
Serbia21 | 185,135,331.00 | 241,835,983.00 | 7,092,980.62 | 10,745,976.66 | 4,436,921.97 |
Serbia22 | 113,379,767.00 | 133,251,057.00 | 3,685,376.55 | 6,975,797.24 | 2,561,989.53 |
Serbia23 | 6,755,595.00 | 7,355,079.56 | 80,886.21 | 417,218.91 | 170,389.12 |
Serbia24 | 9,164,325.00 | 9,753,522.88 | 160,400.98 | 721,225.94 | 218,597.83 |
Serbia25 | 267,409,838.00 | 282,459,858.36 | 9,906,024.15 | 14,797,555.02 | 5,994,538.20 |
Serbia26 | 147,945,642.00 | 150,946,713.17 | 7,618,406.91 | 808,6805.74 | 2,689,521.61 |
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Country | Year | Net Income | Interest Income | Non-Interest Income | Loans | Investment | |
---|---|---|---|---|---|---|---|
Albania | 2019 | Average | 2,182,009.00 | 3,964,383.58 | 1,929,458.50 | 69,770,630.75 | 27,533,639.92 |
Standard deviation | 4,918,637.24 | 3,787,890.24 | 3,899,569.16 | 68,412,563.79 | 24,782,724.68 | ||
2015 | Average | 2,430,787.00 | 4,507,287.00 | 645,042.25 | 54,687,810.92 | 20,539,133.17 | |
Standard deviation | 5,928,260.00 | 4,516,227.76 | 776,113.25 | 60,200,729.41 | 19,404,261.34 | ||
Bosnia and Herzegovina | 2019 | Average | 17,287.56 | 46,776.06 | 22,055.19 | 931,199.06 | 82,138.75 |
Standard deviation | 27,159.22 | 52,940.92 | 26,740.54 | 991,735.62 | 138,146.81 | ||
2015 | Average | 16,624.06 | 46,637.19 | 16,486.88 | 670,763.75 | 43,664.31 | |
Standard deviation | 24,452.08 | 54,731.49 | 21,256.36 | 757,178.96 | 104,952.98 | ||
North Macedonia | 2019 | Average | 633,758.00 | 1,078,852.75 | 320,720.92 | 24,664,780.33 | 4,724,654.08 |
Standard deviation | 885,471.06 | 1,218,672.80 | 369,819.22 | 24,311,118.89 | 6,290,252.62 | ||
2015 | Average | 340,783.00 | 926,206.38 | 297,410.15 | 19,155,675.15 | 3,125,366.77 | |
Standard deviation | 613,914.54 | 1,081,907.55 | 358,231.48 | 20,811,575.50 | 4,252,714.64 | ||
Montenegro | 2019 | Average | 3418.75 | 14,965.92 | 7191.17 | 264,095.50 | 43,547.08 |
Standard deviation | 3593.61 | 10,820.85 | 5961.69 | 219,775.40 | 44,111.54 | ||
2015 | Average | 1671.55 | 14,800.36 | 5928.45 | 207,445.73 | 22,525.91 | |
Standard deviation | 2201.60 | 11,055.29 | 4821.35 | 162,602.50 | 27,174.42 | ||
Serbia | 2019 | Average | 2,506,483.19 | 4,953,285.12 | 1,618,609.12 | 100,017,838.62 | 103,426,368.69 |
Standard deviation | 3,560,179.81 | 5,180,549.50 | 1,915,084.06 | 103,560,174.11 | 110,337,709.55 | ||
2015 | Average | 1,286,608.04 | 4,685,108.92 | 1,279,458.72 | 46,058,770.68 | 22,386,434.12 | |
Standard deviation | 2,248,471.17 | 5,216,916.88 | 1,510,680.05 | 57,787,376.98 | 33,011,839.53 |
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Horvat, A.M.; Milenković, N.; Dudić, B.; Kalaš, B.; Radovanov, B.; Mittelman, A. Evaluating Bank Efficiency in the West Balkan Countries Using Data Envelopment Analysis. Mathematics 2023, 11, 15. https://doi.org/10.3390/math11010015
Horvat AM, Milenković N, Dudić B, Kalaš B, Radovanov B, Mittelman A. Evaluating Bank Efficiency in the West Balkan Countries Using Data Envelopment Analysis. Mathematics. 2023; 11(1):15. https://doi.org/10.3390/math11010015
Chicago/Turabian StyleHorvat, Aleksandra Marcikić, Nada Milenković, Branislav Dudić, Branimir Kalaš, Boris Radovanov, and Alexandra Mittelman. 2023. "Evaluating Bank Efficiency in the West Balkan Countries Using Data Envelopment Analysis" Mathematics 11, no. 1: 15. https://doi.org/10.3390/math11010015
APA StyleHorvat, A. M., Milenković, N., Dudić, B., Kalaš, B., Radovanov, B., & Mittelman, A. (2023). Evaluating Bank Efficiency in the West Balkan Countries Using Data Envelopment Analysis. Mathematics, 11(1), 15. https://doi.org/10.3390/math11010015