Dublin Core
Title
Market Dominance and Competitiveness in Banking Sector and an Analysis of Turkish Banking Sector with Comparison to EU Banking Sector
Abstract
It is of vital importance for the finance sector and its pioneering child, the banking sector, to boost and maintain competitiveness and market domination in a globalizing world. In the Turkish banking sector, a significant progress has been made with respect to making legal and institutional arrangements for regulatory and supervision authorities and implementing and auditing decisions taken within the context of harmonization with the EU. Due to increasing competition and rapid technological developments in the banking sector, financial products and services have been diversified and new strategies and policies have been implemented and rate of inflow of foreign capital has gathered momentum. It is noteworthy that the Turkish banking sector has an oligopolistic structure and it has ratios similar to the banking ratios of the developing countries that are EU members. Moreover, it is obvious that the Turkish banking system is more robust than transition economies.
Keywords
Conference or Workshop Item
PeerReviewed
PeerReviewed
Date
2009-06
Extent
142