In this paper we study the determinants of bank interest margins for all the European countries participating in the exchange rate mechanism (ERM) of the European Monetary System (EMS) as well as for some other European countries that used to anchor their exchange rate to the main currencies of...

The business models of banks are often seen as the result of a variety of simultaneously determined managerial choices, such as those regarding the types of activities, funding sources, level of diversification, and size. Moreover, owing to the fuzziness of data and the possibility that some...