Resumen
This study evaluated the productivity performance of 29 listed commercial banks by employing Malmquist Productivity Index (MPI) of Total Factor Productivity (TFP) over the period of 2011-2015. Evaluation of productivity performance reveals that Islamic banks, on an average, had relatively higher five year cumulative average TFP change index compared to that of Conventional banks. In addition, Islamic banks reported less variability in its TFP change index compared to Conventional banks. Productivity change index of Islamic bank indicate that it?s failing to sustain the progress made in some years whereas Conventional banks though reported regress during some years but the trend remained consistent. Evaluation of productivity analysis indicates that progress made in TFP was mainly attributed to the increase in efficiency change rather than technological progress. The decomposition of the efficiency change index revealed that the source of the increment was mainly attributed to scale effect.Keywords: Malmquist Productivity Index, Total Factor Productivity, Data Envelopment AnalysisJEL Classifications: G210, O470DOI: https://doi.org/10.32479/ijefi.7302