Belke, Ansgar; Haskamp, Ulrich; Setzer, Ralph - 2016
and are more resilient to negative shocks than its less efficient peers. For this purpose, we measure a bank …'s intermediation quality by estimating its pro t and cost efficiency while taking the changing banking environment after the financial …. These results provide evidence to the importance of swiftly restoring bank pro tability in euro area crisis countries …