This paper looks at public policy towards bank entry and branching in the Philippines and its impact on the sector’s structure, conduct and performance. In particular, it argues that regulatory restrictions on bank entry and branching have had adverse effects on competition, while the liberalization of these restrictions have led to a more competitive banking sector. The paper has two main sections. Section II presents the history of regulation of bank entry and branching in the Philippines. The impact of these regulations on the banking sector is then briefly discussed in Section III by looking at some indicators of changes in financial structure, measures of concentration and operational efficiency. Section IV then presents some policy implications.
Citations
This publication has been cited 5 times
- Lamberte, Mario B. and Ma. Chelo V. Manlagnit. 2004. Evaluating the impacts of competition policy reforms on the efficiency of Philippine commercial banks. Discussion Papers DP 2004-46. Philippine Institute for Development Studies.
- Manlagñit, Maria Chelo V.. 2011. The economic effects of foreign bank presence: Evidence from the Philippines. Journal of International Money and Finance, 30, no. 6, 1180-1194. (via RePEc)Elsevier.
- Meslier-Crouzille, Céline, Ruth Tacneng, and Amine Tarazi. 2013. Is bank income diversification beneficial? Evidence from an emerging economy. Working Papers hal-00918574. HAL.
- Meslier-Crouzille, Céline, Ruth Tacneng, and Amine Tarazi. 2014. Is bank income diversification beneficial? Evidence from an emerging economy. Post-Print hal-01204870. HAL.
- Meslier, Céline, Ruth Tacneng, and Amine Tarazi. 2014. Is bank income diversification beneficial? Evidence from an emerging economy. Journal of International Financial Markets, Institutions and Money, 31(C), 97-126. Elsevier.
