BMI View: Chile's banking and financial services industries will benefit from a recovery in economicactivity and the country's reputation for stability over the coming years. We expect Chile's regulatorystructure to remain supportive over the years ahead, keeping the country's banking, insurance, assetmanagement and stock market among the most attractive in Latin America.
Chile's banking and financial services industries will likely remain among the strongest in the region overthe coming years. Chile's long-standing reputation for stability, transparency and pro-business regulationwill be bolstered by a rebound in economic activity over the next several years. In addition, as we expectthat investor-friendly candidate Sebastián Piñera will win Chile's presidency in late-2017, we expect to see apartial roll-back of hurdles to business operations passed in recent years, such as higher corporate taxes.
Higher growth and reform efforts will see the banking, insurance, asset management and stock marketexperience steady growth over the coming years.