 |
| Sebastián Piñera celebrates his victory in the Chilean presidential election |
Senior bankers in Chile expect a triumvirate of positive factors to make 2018 a much more positive year for banking performance than this year: lower political risk, higher GDP growth and favourable competitive dynamics in the banking market.
First, the clarification of Sebastián Piñera as the country’s next president, announced on Sunday, removes a long-lingering political risk that has weighed on credit demand from both corporates (investment decisions) and individuals (consumption).
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
