Despite relatively high concentration and sticky market shares, price pressure, portfolio purchases and high customer mobility indicate the presence of competitive dynamics in the banking sector, particularly in the retail credit segment. Market concentration, while not a problem per se, is significant and market structure has remained stable in the last few years. The Colombian banking sector is relatively concentrated, and the top-3 banks have a...
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2021/08/31
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Report
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170673
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1
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2022/04/20
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Disclosed
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Colombia - Financial Sector Assessment Program : Technical Note – Competition in the Financial Sector
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Citation
Arvai,Zsofia; Letelier,Raquel Alejandra.
Colombia - Financial Sector Assessment Program : Technical Note – Competition in the Financial Sector (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099835004192236053