We analyzed the competition dynamics of the banking industry. We focused in particular on the competitive restraints limiting access to small and medium enterprises (SMEs). Our analysis also assessed the legal underpinnings of access to finance for SMEs, including the assessment of laws affecting movable property; bankruptcy law; as well as the development of credit bureaus and electronically unified collateral property registries.

Finally, with a view to strengthen the SIC’s technical capabilities, we developed a uniform methodology for market competition assessment and broadened knowledge on pursuing antitrust investigations, with view to improving the decision making process and quality of its public policy recommendations.