La eficiencia del sistema bancario español en el contexto de la Unión Europea

Resumen

The aim of this article is to analyze the efficiency of the SBE in the contex of the EuropeanUnion. For this purpose we use not only accounting cost and profitability ratios, but also affectiveness boundary indicators. In view of the fact that differences in specialisation result in considerable differencesin accounting ratios and in the boundary indicators of banking company effectiveness, we carried out a cluster analysis, thereby anabling us to detect the existence of four specialisation groups in European banking.Separate appraisal for each specialisation group shows how the SBE has cost effectiveness levels close to the EU average in the most important specialisation groups (intermediation banking and retail banking); as regards profit effectiveness, the SBE is more efficient in intermediation banking and is at the average level in retail banking. Analysis of the factors explaining the differences in effectiveness shows how specialisation is more important for explainig effectiveness in the aspect of costs than in profits.