Bank consolidation and credit concentration in Brazil (1995-2004)

Jayme Jr., Frederico G.
Almeida, Daniel B. de Castro

2014-01-02T18:44:43Z

LC/G.2382-P

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Since monetary stabilization in 1994, bank consolidation has beengathering pace in Brazil as part of a global concentration trend followingbank deregulation processes. This article analyses the effect of bankconcentration on lending in Brazil in the period 1995-2004, distinguishingtwo stages and estimating panel data for Brazil's 27 federative units. Theresults support the hypothesis that the process of consolidation in theBrazilian banking sector has an adverse effect on lending, which mainlyharms the less developed regions of the country.

Includes bibliography

ECONOMIC INDICATORS; DATA ANALYSIS; CREDIT; ECONOMIC DEVELOPMENT; BANKING SYSTEMS; BANKING; BANKS; INDICADORES ECONOMICOS; CREDITO; DESARROLLO ECONOMICO; ANALISIS DE DATOS; BANCOS; SISTEMAS BANCARIOS; OPERACIONES BANCARIAS;