Banking Spreads in Latin America /

Intermediation spreads in Latin America are high by international standards. This paper examines the determinants of bank interest margins in that region using bank and country-level data from 85 countries, including 14 Latin American economies. The results suggest that Latin America has higher inte...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Gelos, R.
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2006.
Seria:IMF Working Papers; Working Paper ; No. 2006/044
Dostęp online:Full text available on IMF
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520 3 |a Intermediation spreads in Latin America are high by international standards. This paper examines the determinants of bank interest margins in that region using bank and country-level data from 85 countries, including 14 Latin American economies. The results suggest that Latin America has higher interest rates, less efficient banks, and larger reserve requirements than other regions and that these factors have a significant impact on spreads. However, Latin American countries do not differ markedly from their peers in other aspects that are found important in determining the cost of financial intermediation, such as inflation and bank profit taxation. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/044 
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