Banking in Brazil : Structure, Performance, Drivers, and Policy Implications

Urdapilleta, Eduardo; Stephanou, Constantinos

dc.creator	Urdapilleta, Eduardo
dc.creator	Stephanou, Constantinos
dc.date	2012-03-19T19:08:10Z
dc.date	2012-03-19T19:08:10Z
dc.date	2009-01-01
dc.date.accessioned	2023-02-17T21:07:32Z
dc.date.available	2023-02-17T21:07:32Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090107083307
dc.identifier	http://hdl.handle.net/10986/4007
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244977
dc.description	The objective of this paper is to analyze the industry structure of banking services in Brazil in order to shed light on financial performance and its drivers at a disaggregated level. The study illustrates how differences across market segments - which tend to be averaged out in aggregate analysis - need to be taken into account when analyzing performance and designing public policy for the banking sector. In particular, retail banking is found to be less sensitive to price competition and to exhibit considerably higher returns than corporate banking. The authors identify and discuss the factors underlying revenues, costs, and risks in each market segment, and conclude with policy implications.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 4809
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	ACCOUNTING PRACTICES
dc.subject	ARREARS
dc.subject	ASSET MANAGEMENT
dc.subject	ASSETS RATIOS
dc.subject	AUCTION
dc.subject	BALANCE SHEET
dc.subject	BALANCE SHEETS
dc.subject	BANK ACCOUNTS
dc.subject	BANK HOLDING
dc.subject	BANK HOLDING COMPANIES
dc.subject	BANK LENDING
dc.subject	BANK RATES
dc.subject	BANKING INDUSTRY
dc.subject	BANKING MARKET
dc.subject	BANKING SECTOR
dc.subject	BANKING SERVICES
dc.subject	BANKING SYSTEM
dc.subject	BANKRUPTCY
dc.subject	BANKRUPTCY LAW
dc.subject	BARRIERS TO ENTRY
dc.subject	BASIS POINTS
dc.subject	BINDING CONSTRAINT
dc.subject	BORROWER
dc.subject	BRANCH NETWORK
dc.subject	BRANCH NETWORKS
dc.subject	BROKERAGE
dc.subject	BUSINESS CYCLE
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL BASE
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL MARKETS DEVELOPMENT
dc.subject	CAPITAL REQUIREMENT
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CAPTIVE MARKET
dc.subject	CAR LOANS
dc.subject	CENTRAL BANK
dc.subject	CHECKS
dc.subject	CHIEF FINANCIAL OFFICERS
dc.subject	CLEARINGHOUSE
dc.subject	COLLATERAL
dc.subject	COMMERCIAL BANKS
dc.subject	CONSOLIDATED FINANCIAL STATEMENTS
dc.subject	CONSUMER DURABLES
dc.subject	CONTRACT ENFORCEMENT
dc.subject	CORPORATE BANKING
dc.subject	CORPORATE GOVERNANCE
dc.subject	CORPORATE MARKET
dc.subject	CREDIT CARDS
dc.subject	CREDIT COOPERATIVES
dc.subject	CREDIT DECISION
dc.subject	CREDIT HISTORY
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT LOSSES
dc.subject	CREDIT MARKETS
dc.subject	CREDIT OUTSTANDING
dc.subject	CREDIT PROVIDERS
dc.subject	CREDIT RATINGS
dc.subject	CREDIT REPORTING
dc.subject	CREDIT RISK
dc.subject	CREDIT RISKS
dc.subject	CREDIT SCORING
dc.subject	CREDIT SOURCES
dc.subject	CREDIT UNIONS
dc.subject	CREDITOR
dc.subject	CREDITOR RIGHTS
dc.subject	DEBT
dc.subject	DEBT COLLECTION
dc.subject	DEBT LEVELS
dc.subject	DEFAULT RATES
dc.subject	DEMAND DEPOSITS
dc.subject	DEPOSIT
dc.subject	DEPOSIT ACCOUNTS
dc.subject	DEPOSIT INSURANCE
dc.subject	DEPOSITS
dc.subject	DERIVATIVES
dc.subject	DIRECTED CREDIT
dc.subject	DIVERSIFIED MARKET
dc.subject	DOMESTIC CURRENCY
dc.subject	ECONOMIC MANAGEMENT
dc.subject	ECONOMIC RISKS
dc.subject	ENTRY BARRIERS
dc.subject	EQUITY MARKETS
dc.subject	EXCHANGE COMMISSION
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INFORMATION
dc.subject	FINANCIAL INFRASTRUCTURE
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL PERFORMANCE
dc.subject	FINANCIAL RATIOS
dc.subject	FINANCIAL SECTORS
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL STATEMENTS
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCIAL TRANSACTIONS
dc.subject	FIXED ASSETS
dc.subject	FIXED COSTS
dc.subject	FORECLOSURE
dc.subject	FORECLOSURE PROCEDURES
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN CURRENCY LOANS
dc.subject	FOREIGN EXCHANGE
dc.subject	GOVERNMENT ACCOUNT
dc.subject	GOVERNMENT BONDS
dc.subject	GOVERNMENT INTERVENTIONS
dc.subject	GOVERNMENT INVOLVEMENT
dc.subject	GOVERNMENT POLICIES
dc.subject	GOVERNMENT POLICY
dc.subject	GOVERNMENT SECURITIES
dc.subject	HOUSING
dc.subject	HOUSING FINANCE
dc.subject	INCOME TAX
dc.subject	INFORMATION ASYMMETRIES
dc.subject	INFORMATION ON BORROWERS
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INSTITUTIONAL CAPACITY
dc.subject	INSURANCE
dc.subject	INSURANCE MARKETS
dc.subject	INTEREST EXPENSE
dc.subject	INTEREST INCOME
dc.subject	INTEREST MARGIN
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE RISK
dc.subject	INTEREST RATES
dc.subject	INTERMEDIATION SPREADS
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL FINANCIAL CRISIS
dc.subject	INTERNATIONAL FINANCIAL STATISTICS
dc.subject	INVESTING
dc.subject	INVESTMENT BANKING
dc.subject	INVESTMENT CLIMATE
dc.subject	LEASED ASSETS
dc.subject	LEGAL RIGHTS
dc.subject	LENDING REQUIREMENTS
dc.subject	LEVY
dc.subject	LIABILITY
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOAN LOSS PROVISIONS
dc.subject	LOAN PRODUCT
dc.subject	LOAN PRODUCTS
dc.subject	LOAN RATES
dc.subject	LOAN SPREAD
dc.subject	LOAN SPREADS
dc.subject	LOANS TO INDIVIDUALS
dc.subject	LONG-TERM DEBT
dc.subject	LONG-TERM FINANCE
dc.subject	LONG-TERM RESOURCES
dc.subject	MACROECONOMIC ENVIRONMENT
dc.subject	MACROECONOMIC INSTABILITY
dc.subject	MANDATES
dc.subject	MARKET DEVELOPMENTS
dc.subject	MARKET FOR LOANS
dc.subject	MARKET INTEREST RATES
dc.subject	MARKET PRACTICE
dc.subject	MARKET SHARE
dc.subject	MARKET STRUCTURE
dc.subject	MATURITY
dc.subject	MICRO-ENTERPRISES
dc.subject	MICROCREDIT
dc.subject	MIGRATION
dc.subject	MINIMUM CAPITAL ADEQUACY RATIO
dc.subject	NET OPERATING INCOME
dc.subject	NEW ENTRANTS
dc.subject	NON-PERFORMING LOANS
dc.subject	NPL
dc.subject	OPERATING COSTS
dc.subject	OPERATING EXPENSES
dc.subject	OPERATIONAL RISKS
dc.subject	OVERHEAD COSTS
dc.subject	OWNERSHIP STRUCTURES
dc.subject	PAYMENT SYSTEM
dc.subject	PAYMENT SYSTEMS
dc.subject	PENSION
dc.subject	PENSION FUNDS
dc.subject	PERSONAL LOANS
dc.subject	PRIVATE BANK
dc.subject	PRIVATE BANKS
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE CREDIT BUREAUS
dc.subject	PROBABILITY OF DEFAULT
dc.subject	PRODUCTIVITY
dc.subject	PROFITABILITY
dc.subject	PROFITABILITY MEASURES
dc.subject	PUBLIC BANKS
dc.subject	PUBLIC POLICY
dc.subject	RATE OF RETURN
dc.subject	RATES OF RETURN
dc.subject	REPOS
dc.subject	RESERVE
dc.subject	RESERVE REQUIREMENTS
dc.subject	RETAIL BANKING
dc.subject	RETURN
dc.subject	RETURN ON ASSETS
dc.subject	RETURNS
dc.subject	RISK MANAGEMENT
dc.subject	RISK WEIGHTED ASSETS
dc.subject	RURAL CREDIT
dc.subject	RURAL FINANCE
dc.subject	SAVINGS
dc.subject	SAVINGS ACCOUNTS
dc.subject	SAVINGS DEPOSITS
dc.subject	SECURITIES
dc.subject	SETTLEMENT
dc.subject	SHORT MATURITIES
dc.subject	SMALL BUSINESS
dc.subject	SMALL BUSINESSES
dc.subject	SOLVENCY
dc.subject	STOCK EXCHANGE
dc.subject	SUBORDINATED DEBT
dc.subject	TAX
dc.subject	TAXATION
dc.subject	TIME DEPOSITS
dc.subject	TRADING
dc.subject	TRANSACTION
dc.subject	TRANSPARENCY
dc.subject	TREASURY
dc.subject	TREASURY LINE
dc.subject	VALUATIONS
dc.subject	VARIABLE COSTS
dc.title	Banking in Brazil : Structure, Performance, Drivers, and Policy Implications
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Latin America & Caribbean
dc.coverage	Latin America & Caribbean
dc.coverage	South America
dc.coverage	America
dc.coverage	Brazil