Banking Sector: Weaker Credit Growth In 2016

BMI View: The Chilean banking sector will experience modest loan and deposit growth acceleration in 2015 as economic activity beings to pick up. Thereafter, lending activity will slow as the Banco Central de Chile prepares to enter a rate hiking cycle.The Chilean banking sector will see acceleration in both loan and deposit growth in 2015, following the slowest lending expansion in three years in 2014. This comes as the Chilean economy rebounds from headline growth of only 1.9% in...

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