Regulator to study Brazil comparative rate system

CHILE - Chilean banking authorities will study the implementation of the Brazilian Central Bank's comparative interest rate system with a view to boosting transparency and competition in the loan market, Chile's chief banking regulator Enrique Marshall told reporters at a seminar on 30 June.

Last year Brazil's Central Bank ordered banks to provide interest rate information on a monthly basis, which is subsequently published on the Central Bank website.

The Chilean banking industry has come unde

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