2012-09-20 18:17:28 - Market Opportunities and Emerging Trends in the Prepaid Card Market in Chile: Market Profile - a new market research report on companiesandmarkets.com

Chile´s banking system mainly comprises privately owned banks, 11 out of 20 of which are foreign subsidiaries. The largest competitors are Banco Santander (Spain), Banco de Chile (Chile), Banco del Estado (state-owned), Banco de Crédito e Inversiones (Chile), and Bilbao Vizcaya Argentaria (Spain). Four direct branches of foreign banks are registered in Chile: Banco de la Nación Argentina, Banco do Brasil, JP Morgan Chase Bank and Bank of Tokyo-Mitsubishi UFJ. During the review period Chile recorded significant levels of financial card usage. Chile has a unique credit card market as it is the only country in the world where retailers have more credit cards in circulation than banks. Debit cards are mainly used for withdrawing cash at ATMs and remain

 

 

the exclusive domain of banks.

Report Scope

• This report provides a comprehensive analysis of the prepaid card market in Chile
• It provides current values for the prepaid card market in Chile for the year 2011 and forecast figures for the years up to 2016
• It offers a detailed analysis of the key markets in the prepaid card market in Chile, along with market forecasts until 2016
• It details the different macroeconomic factors affecting the prepaid card market in Chile
• It outlines the current regulatory frameworks in the industry
• It details the marketing strategies used by various bankers and other institutions
• It profiles the major banks in the prepaid card market in Chile

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