BANKING CREDIT IN BRAZIL: A PANEL DATA ANALYSIS OF LARGER INSTITUTIONS
This paper brings some new evidence on the banking behavior concerning credit, using bank-level data of the thirteen largest banks located in Brazil (domestic and foreign). After a brief overview of the literature on the Brazilian banking sector restructuring (following the Real Plan) and lending be...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2010 |
| País: | Brasil |
| Institución: | Universidade Federal do Rio Grande do Sul (UFRGS) |
| Repositorio: | Análise Econômica (Online) |
| Idioma: | portugués |
| OAI Identifier: | oai:seer.ufrgs.br:article/6066 |
| Acceso en línea: | https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6066 |
| Access Level: | acceso abierto |
| Palabra clave: | Banking sector. Lending. Banking strategy. G20 G21 G28 Setor bancário. Crédito. Estratégias bancárias. |
| Sumario: | This paper brings some new evidence on the banking behavior concerning credit, using bank-level data of the thirteen largest banks located in Brazil (domestic and foreign). After a brief overview of the literature on the Brazilian banking sector restructuring (following the Real Plan) and lending behavior, we implement a panel data analysis on our sample, from March 2001 to June 2006. The main results are: (1) a robust negative correlation between public bonds purchase and lending; and (2) a robust positive correlation between demand deposits, leverage and GDP at constant prices, on the one hand; and lending, on the other hand. These findings, particularly leverage and public bonds purchase, seem to confirm high liquidity-preference of the banking sector. Brazilian prime rate (Selic) and Basle index, also included, were of no-significance. |
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