REGIONAL EFFECTS OF THE FINANCIAL CRISIS FOR BRAZILIAN AND SPANISH BANK SYSTEMS

The aim of this article is to present an exploratory and comparative analysis of the regional effects of the last financial crisis in the Brazilian and Spanish banking systems. Recent banking characteristics of the Brazilian and Spanish banking systems were identified. In the first case, the evidenc...

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Detalles Bibliográficos
Autores: Silva, Fernanda Faria, Crocco, Marco, Santos, Fabiana Borges Teixeira dos, Duarte Filho, Marco Antônio
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2016
País:Brasil
Institución:Universidade Federal do Rio Grande do Sul (UFRGS)
Repositorio:Análise Econômica (Online)
Idioma:español
OAI Identifier:oai:seer.ufrgs.br:article/47249
Acceso en línea:https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/47249
Access Level:acceso abierto
Palabra clave:Sistema bancario
Crisis financiera
Crédito
Suporte financiero
G01
G20
G34
R10
R50
suporte financiero.
Banking system
Financial crisis
Credit
Descripción
Sumario:The aim of this article is to present an exploratory and comparative analysis of the regional effects of the last financial crisis in the Brazilian and Spanish banking systems. Recent banking characteristics of the Brazilian and Spanish banking systems were identified. In the first case, the evidence of credit concentration in more economically developed regions is dominant and increased liquidity preference in peripherical regions. The last crisis has accentuated this pattern. In the Spanish case, the market segmentation (with the presence of regional banks) mitigated the effects of the crisis. However, the recent process of bank restructuring has caused modifications in the Spanish banking map. The large number of mergers, acquisitions and interventions have increased the market concentration, reduced the credit in peripheral regions, strengthening the regional inequalities.