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Hacia la Multibanca en Colombia: Retos y 'Retazos' Financieros

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  • Sergio Clavijo

Abstract

El sistema financiero colombiano ha venido evolucionando de un esquema de banca especializada a uno que apunta hacia la multibanca. Sin embargo, aun despúes de aprobada la Ley 510 de 1999, su estructura organizativa continúa siendo una " colcha de retazos". Son numerosos los retos que subsisten para lograr que los costos operativos del sistema se reduzcan significativamente y que de allí se deriven menores márgenes de intermediación (promedios o implícitos) para los usuarios del crédito. Un viraje mas decidido hacia la multibanca permitiría explotar de mejor manera las "economías de escala, ampliadas y de alcance". Los bancos comerciales absorberían no solo las tareas de las CAVs, sino también las funciones de las CFS y las fiduciarias. Es claro que las necesidades de respaldo patrimonial y de supervisión bancaria, a nivel del holding financiero, deberían para entonces ser más exigentes. En términos de equidad, es preferible contar con unos pocos multibancos y/o holdings financieros que compitan dinámicamente, que mantener la situación de numerosas entidades débiles que intentan competir en un ambiente de fragilidad financiera.

Suggested Citation

  • Sergio Clavijo, 2000. "Hacia la Multibanca en Colombia: Retos y 'Retazos' Financieros," Borradores de Economia 150, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:150
    DOI: 10.32468/be.150
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    References listed on IDEAS

    as
    1. Rodrigo Suesc�n M. & Martha Misas A., 1996. "Cambio Tecnol�gico, Ineficiencia de Escala e Ineficiencia X en la Banca Colombiana," Borradores de Economia 2085, Banco de la Republica.
    2. Demirguc, Asli & Huizinga, Harry, 1999. "Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence," The World Bank Economic Review, World Bank, vol. 13(2), pages 379-408, May.
    3. Adriana Ferrufino, 1991. "Reestimación y ampliación de la evidencia sobre las economías de escala en el sistema financiero colombiano," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 10(19), pages 69-96.
    4. Martín Maurer, 1993. "La multibanca y la evidencia sobre las economías de escala en la banca colombiana: una nota teórica sobre una discusión política," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 12(24), pages 89-100, December.
    5. Sergio Clavijo, 2000. "Reflexiones Sobre Política Monetaria e "Inflación Objetivo" en Colombia," Borradores de Economia 141, Banco de la Republica de Colombia.
    6. Rodrigo Suescún M. & Martha Misas, 1996. "Cambio Tecnológico, Ineficiencia de Escala e Ineficiencia X en la Banca Colombiana," Borradores de Economia 059, Banco de la Republica de Colombia.
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    Keywords

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    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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