A Study on the Influence of a Country on Banking and Accounting Indicators in México, Chile, Argentina and Spain
Un Estudio de la Influencia del País en los Indicadores Contables Bancarios de México, Chile, Argentina y España
Abstract
Taking into account that during the last decade of the 20th century. a process of growth of Spanish banks in Latin America began and was consolidated, and that the influence of a country can be decisive in the explanation of the behaviour of banking indicators, in this paper we study to what extent the distinctive banking characteristics of each country can help to explain the behaviour of profitability indicators, attract deposits or loan granting. On the other hand, together with the above, we analyse the evolution of different Latin American countries after the adoption of banking rules and policies set by international parameters. We use a sample of financial institutions from Mexico, Chile, Argentina and Spain covering a Period from 1995-2001. The results show that the biggest influence of country- effect lies in the credit activity and banking deposits. The Latin America countries studied, where a clear improvement and a movement towards international parameters is seen in the last years of the sample, must make a greater effort to develop their banking activities and carry out economic and monetary policies with a more retail focus.
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