Guille´n, Jorge; Rengifo, Erick W.; Ozsoz, Emre - In: Borsa Istanbul Review 14 (2014) 2, pp. 119-125
Despite the financial sector liberalization and openness that started in the earlier 90’s and significant macroeconomic development as well as increasing inflow of capital toward the region, there is not any evidence of the reduction of interest rates as well as banks’ profits in Latin...