Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector

This note assesses competitive dynamics and potential impediments in Chile’s financial sector in order to provide actionable policy recommendations. This note contains both a quantitative as well as qualitative assessment of competition. The...

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Main Authors:	Cohen, Charles, Dijkman, Miquel
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2022
Subjects:	FINANCIAL SECTOR POLICY COMPETITION ASSESSMENT FINANCIAL REGULATORY FRAMEWORK COMPETITION ENFORCEMENT FINANCIAL INTERMEDIARIES NON-BANK LENDING CONSUMER MOBILITY RETAIL BANKING SECTOR ASSESSMENT FINANCIAL COMGLOMERATES
Online Access:	http://documents.worldbank.org/curated/en/099455107152234012/P1720200f6787109b0844b0d58d805d14e5 http://hdl.handle.net/10986/37764

id	okr-10986-37764
recordtype	oai_dc
spelling	okr-10986-377642022-07-27T05:10:53Z Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector Cohen, Charles Dijkman, Miquel FINANCIAL SECTOR POLICY COMPETITION ASSESSMENT FINANCIAL REGULATORY FRAMEWORK COMPETITION ENFORCEMENT FINANCIAL INTERMEDIARIES NON-BANK LENDING CONSUMER MOBILITY RETAIL BANKING SECTOR ASSESSMENT FINANCIAL COMGLOMERATES This note assesses competitive dynamics and potential impediments in Chile’s financial sector in order to provide actionable policy recommendations. This note contains both a quantitative as well as qualitative assessment of competition. The quantitative assessment explores market characteristics and dynamics, including market structure and concentration, cross-ownership and vertical integration, and customer conditions/consumer power. The quantitative assessment is complemented by a qualitative analysis of the regulatory and institutional framework to understand how private and public interventions shape market dynamics and result in specific market outcomes, including efficiency, degree of market power and consumer mobility (Figure 1). The note will focus primarily on the retail banking sector as well as payment systems and discuss competitive dynamics in other parts of the financial sector only to the extent that they affect these two areas, for example in the context of financial conglomerates. 2022-07-26T15:30:42Z 2022-07-26T15:30:42Z 2021-10 Report http://documents.worldbank.org/curated/en/099455107152234012/P1720200f6787109b0844b0d58d805d14e5 http://hdl.handle.net/10986/37764 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Latin America & Caribbean Chile
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	FINANCIAL SECTOR POLICY COMPETITION ASSESSMENT FINANCIAL REGULATORY FRAMEWORK COMPETITION ENFORCEMENT FINANCIAL INTERMEDIARIES NON-BANK LENDING CONSUMER MOBILITY RETAIL BANKING SECTOR ASSESSMENT FINANCIAL COMGLOMERATES
spellingShingle	FINANCIAL SECTOR POLICY COMPETITION ASSESSMENT FINANCIAL REGULATORY FRAMEWORK COMPETITION ENFORCEMENT FINANCIAL INTERMEDIARIES NON-BANK LENDING CONSUMER MOBILITY RETAIL BANKING SECTOR ASSESSMENT FINANCIAL COMGLOMERATES Cohen, Charles Dijkman, Miquel Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
geographic_facet	Latin America & Caribbean Chile
description	This note assesses competitive dynamics and potential impediments in Chile’s financial sector in order to provide actionable policy recommendations. This note contains both a quantitative as well as qualitative assessment of competition. The quantitative assessment explores market characteristics and dynamics, including market structure and concentration, cross-ownership and vertical integration, and customer conditions/consumer power. The quantitative assessment is complemented by a qualitative analysis of the regulatory and institutional framework to understand how private and public interventions shape market dynamics and result in specific market outcomes, including efficiency, degree of market power and consumer mobility (Figure 1). The note will focus primarily on the retail banking sector as well as payment systems and discuss competitive dynamics in other parts of the financial sector only to the extent that they affect these two areas, for example in the context of financial conglomerates.
format	Report
author	Cohen, Charles Dijkman, Miquel
author_facet	Cohen, Charles Dijkman, Miquel
author_sort	Cohen, Charles
title	Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
title_short	Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
title_full	Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
title_fullStr	Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
title_full_unstemmed	Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector
title_sort	chile - financial sector assessment program, october 2021 : technical note - competition in the financial sector
publisher	World Bank, Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099455107152234012/P1720200f6787109b0844b0d58d805d14e5 http://hdl.handle.net/10986/37764
_version_	1764487862545285120

Chile - Financial Sector Assessment Program, October 2021 : Technical Note - Competition in the Financial Sector

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