Estructura de mercado del sistema bancario ecuatoriano: concentración y poder de mercado

Sánchez, Carolina Uzcátegui; Camino‐Mogro, Segundo; Cruz, Julio Cesar Moran

doi:10.48190/cumbres.v4n1a5

Cited by 8 publications

(2 citation statements)

References 11 publications

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“…Ecuador is a dollarised country since 2000, and after this monetary process, some regulations were applied to the financial system concerning banking supervision, competition, public-available risk rating, microfinance risk and control of market liquidity risk to prevent other banking crisis. However, those regulations adopted since 2000 have not improved the competition degree because these policies were done only to strengthened the financial system, one proof of this is that the four major banks concentrate around 60% of deposits and loans (Uzcátegui-Sánchez et al , 2018; Salgado, 2010).…”

Section: Overview Of the Ecuadorian Private Banking Sectormentioning

confidence: 99%

Intra-banking competition in Ecuador: new evidence using panel data approach

Solano

Camino‐Mogro²,

Armijos-Bravo

2020

JEFAS

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Purpose Banks are institutions that inject money in the economy and help to boost it when there are problems in some markets, especially in productive sectors. In this way, analysing the competition in this sector is an important tool for policymakers as non-competitive behaviour could affect the financial system and economy. The purpose of this paper is to measure the degree of competition in the Ecuadorian private banking sector divided by size, from 2000 to 2015, using panel data collected by the official regulator institution Design/methodology/approach The authors applied the model proposed by Panzar and Rosse (1987) and its H-statistic using a reduced price and revenue equation estimated by pooled ordinary least squares, fixed effects, random effects, feasible generalised fixed effects and panel correction standard errors (PCSE). Findings The authors show that given the presence of some problems in data such as heteroskedasticity and autocorrelation, the most appropriate technique is PCSE. The authors also found robust evidence supporting that large banks compete in a monopolistic market, small and medium-sized banks operate in monopolistic competition, and Ecuadorian small, medium-sized and large banks stay in long-run equilibrium. Originality/value This paper contributes to the actual literature of competition degree in two ways. First, different from traditional papers, we do not control by size; so, we divided the analysis by size, because in Ecuador and also in many developing countries, bank’s competition is different for each group of size because the levels of liquidity, risk and other indicators are different from one group to another. Second, we show the robustness of the results using a scaled and unscaled equation, using many controls and using five methods to contrast the competition degree.

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Section: Overview Of the Ecuadorian Private Banking Sectormentioning

confidence: 99%

Intra-banking competition in Ecuador: new evidence using panel data approach

Solano

Camino‐Mogro²,

Armijos-Bravo

2020

JEFAS

View full text Add to dashboard Cite

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“…Los bancos grandes son pocos en contraste con los medianos y pequeños; no obstante, tienen mayor participación de mercado (Uzcátegui-Sánchez, et al, 2018). Además, como lo indican Jara, Sánchez, Bucaram y García (2018) los bancos pequeños en el período 2000-2017 presentan en su mayoría niveles medios de concentración de mercado, considerando que el número de instituciones privadas nacionales oscila entre 8 y 13 bancos.…”

Section: El Sistema Financiero Ecuatoriano Y La Rentabilidad De La Bancaunclassified

Factores internos y externos relacionados con la ROE y ROA de bancos privados ecuatorianos por tamaño desde la dolarización

Jara

Massuh²,

Ibarra³

et al. 2021

COMPENDIUM

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Posterior a la crisis financiera de finales de los años 90, el Ecuador evidenció una notable estabilidad económica desde la adopción del Dólar como moneda de curso legal y las políticas monetarias implementadas, además, la banca privada ecuatoriana presentó un constante crecimiento influenciado por diversos factores. Ante este contexto, la presente investigación analizó la relación que han tenido como factores internos las cuentas de bancos privados, sus indicadores de gestión, medidas de concentración en el sector bancario y como factores externos variables macroeconómicas en relación a la rentabilidad en términos de ROE y ROA de los banco privados ecuatorianos de acuerdo a su tamaño desde la dolarización instaurada en el país. Mediante regresiones econométricas con información extraída de fuentes oficiales establecida bajo la estructura de datos de panel se identificaron como factores internos relacionados con la las medidas de rentabilidad a las cuentas por pagar, las cuentas por cobrar las inversiones, índices como la capacidad comercial, la liquidez, el apalancamiento, además de la concentración de créditos y de depósitos. Entre los factores externos el PIB y el precio del barril, de petróleo resultaron ser las variables macroeconómicas más relevantes en torno de las medidas de rentabilidad de los bancos privados.

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