| Description |
1 online resource (33 pages) : color illustrations |
| Series |
IMF country report ; no. 14/61 |
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IMF country report ; no. 14/61.
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| Contents |
Cover; CONTENTS; EFFECTIVE BANKING SECTOR SPREADS IN PARAGUAY; A. Introduction; B. Background and Stylized Facts; BOX; 1. Financial Sector Regulatory Reforms Since 2003; TABLES; 1. Quality of Legal Framework and Credit Information, 2006 and 2012; C. Interest Rate Decompositions; 2. Interest Rate Spread Decompositions: Total Banking System; D. Financial Statement Analysis; 3. Financial Statement Analysis of the Banking System; E. Interest Rate Regressions; 4. Interest Spread Regressions; F. Conclusions; FIGURES; 1. Banking Sector Indicators, 2012 |
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2. Interest Rate Spread Decompositions, 2000-123. Financial Statement Analysis, 2000-12; References; A PATH TO FINANCIAL DE-DOLLARIZATION IN PARAGUAY; A. Introduction; B. Macroeconomic Effects of Dollarization; C.A Path to De-dollarization; D. Final Remarks; ANNEX; I. Description of Empirical Models; References |
| Summary |
"The Paraguayan banking system compares relatively well with other Latin American banking systems. Banks are well capitalized, have ample access to deposit funding sources, and are profitable. Most importantly, the authorities have taken a number of decisive steps to strengthen supervision and ensure stability in the financial system within the last decade. Nevertheless, the credit delivery system still appears somewhat weak with little improvement in key metrics in recent years. The consolidation process has resulted in a slightly more concentrated banking system with substantially lower levels of foreign participation. Nevertheless, effective interest rate margins have declined by a small amount as concentration ratios increased. This suggests that greater concentration has not had a negative impact on competition in the sector. Indeed, the panel regressions indicated that increases in system wide concentration levels actually reduced effective margins. In addition, the regressions demonstrate that banks which gained market share also ended up lowering effective spreads. The impact of credit risks, in the form of NPLs, on margins has been relatively minor"--Abstract |
| Notes |
"Prepared By Kevin Ross, Juan Yepez, and Viviana Garay"--Page 2 of pdf |
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"February 2014." |
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"January 30, 2014"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF Web site, viewed February 25, 2014) |
| Subject |
Banks and banking -- Paraguay -- Evaluation
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Financial crises -- Paraguay
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Interest rates -- Paraguay
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Dollarization -- Paraguay
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Banks and banking -- Evaluation
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Dollarization
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Financial crises
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Interest rates
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Paraguay
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| Form |
Electronic book
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| Author |
Yepez, Juan.
|
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Garay, Viviana.
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International Monetary Fund.
|
| ISBN |
9781475513745 |
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1475513747 |
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9781484311721 |
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1484311728 |
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