{"id":2591,"date":"2026-08-16T18:53:50","date_gmt":"2026-08-16T15:53:50","guid":{"rendered":"https:\/\/sites.uwasa.fi\/mfjuva\/?page_id=2591"},"modified":"2026-08-16T18:54:01","modified_gmt":"2026-08-16T15:54:01","slug":"bank-profitability-and-regulation","status":"publish","type":"page","link":"https:\/\/sites.uwasa.fi\/mfjuva\/all-issues\/bank-profitability-and-regulation\/","title":{"rendered":""},"content":{"rendered":"<h2>Bank Profitability and Regulation in Emerging European Markets<\/h2>\n<p>Multinational Finance Journal, 2017, vol. 21, no. 3, pp. 177\u2013210<\/p>\n<p style=\"align-items: center;gap: 12px;font-weight: bold\"><a href=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2025\/02\/MJ0p1cpu1eihhjv51jjb1pm0edf1c9p4.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2383\" src=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png\" alt=\"\" width=\"139\" height=\"41\" srcset=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png 300w, https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button.png 355w\" sizes=\"(max-width: 139px) 100vw, 139px\" \/><\/a><\/p>\n<p><strong>Maria-Eleni K. Agoraki<\/strong>, <em>Athens University of Economics and Business &amp; Panteion University, Greece<\/em><\/p>\n<p><strong>Anastasios Tsamis<\/strong>, <em>Panteion University, Greece<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Abstract:<\/strong><\/p>\n<p>This paper investigates the effect of bank-specific, industry-specific and macroeconomic determinants, as well as the regulatory environment on the profitability of the emerging European banking sector over the period 2000-2016. Banks in countries with higher capital requirements, market discipline and more restrictions on banking activities performed better, while the better-performing banks had extensive foreign ownership. The empirical analysis reveals that performance is affected by bank-specific determinants like equity capital and bank size, while traditional activities lead to increased profitability. The specific measures of economic policy must be oriented towards specific aspects of the banking business. This will set new standards in performance and efficiency, urging bank management to address particular firm-specific issues, such as the composition of the balance sheet, the quality of the credit portfolio, as well as the range of financial products and services. Overall, the evidence shows that regulation, and balance sheets help in understanding bank profitability during the crisis.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Keywords:<\/strong><\/h3>\n<p>Banking sector profitability; financial crisis; regulatory framework; emerging market<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Citation (APA):<\/strong><\/h3>\n<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"25\" data-end=\"177\">Agoraki, M.-E. K., &amp; Tsamis, A. (2017). Bank profitability and regulation in emerging European markets. <em data-start=\"129\" data-end=\"164\">Multinational Finance Journal, 21<\/em>(3), 177\u2013210.<\/p>\n<h3><strong>Citation (Harvard):<\/strong><\/h3>\n<div class=\"qMYqUG_convSearchResultHighlightRoot\">\n<div class=\"\" data-turn-id-container=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-16\" data-is-intersecting=\"true\">\n<section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-16\" data-turn-id-container=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-16\" data-testid=\"conversation-turn-96\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-8 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" data-conversation-screenshot-content=\"\">\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"cc9058a5-462e-4e31-8f85-4c4a8a06b797\" data-message-model-slug=\"gpt-5-6\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"208\" data-end=\"363\" data-is-last-node=\"\" data-is-only-node=\"\">Agoraki, M.-E. K. and Tsamis, A., 2017. Bank Profitability and Regulation in Emerging European Markets. <em data-start=\"312\" data-end=\"343\">Multinational Finance Journal<\/em>, 21(3), pp.177\u2013210.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<div class=\"pointer-events-none -mt-px h-px translate-y-(--scroll-root-safe-area-inset-bottom)\" aria-hidden=\"true\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank Profitability and Regulation in Emerging European Markets Multinational Finance Journal, 2017, vol. 21, no. 3, pp. 177\u2013210 Maria-Eleni K. Agoraki, Athens University of Economics and Business &amp; Panteion University, Greece Anastasios Tsamis, Panteion University, Greece &nbsp; Abstract: This paper investigates the effect of bank-specific, industry-specific and macroeconomic determinants, as well as the regulatory environment [&hellip;]<\/p>\n","protected":false},"author":621,"featured_media":0,"parent":221,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2591","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2591"}],"collection":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/users\/621"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/comments?post=2591"}],"version-history":[{"count":1,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2591\/revisions"}],"predecessor-version":[{"id":2592,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2591\/revisions\/2592"}],"up":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/221"}],"wp:attachment":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/media?parent=2591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}