El Margen y los Costos para la Banca Venezolana (1986 y 2000)

This model is a heterodox approach to understand the various distortions that the Venezuelan banking business experienced between the years of 1986 through 2000 when a high differential between interest rates was established. By means of financial ratios, this analysis tries to explain the source of the problem which was caused in part by managerial problems, client habits, and last but not least important, by the monetary policy applied by the Central Bank.