This paper analyzes the evolution in bank performance following the removal of legalrestrictions on the entry of … liberalization occurred in each country. Bank performance isreflected by accounting measures of profitability, net interest margin … significant impacts on bank performance. Indeed, weobserve significant declines in banks' profits and net interest margins, and a …

(definition of firm performance and foreign firmpresence) matters. More specific to the sampled studies is the role played by …