Systems of Banking and Production in Argentina
Vctor Fernndez, Carolina Lauxmann and Julio Tealdo
b) Endogeneity and Exogeneity in Capital Ownership ( ...continuation )

As a result, we can conclude that transformations in the post-convertibility era were markedly biased towards national banking, which managed to recover part of the market share it had lost during the 1990s, both in terms of the number of institutions, and the incidence of assets, loans and total deposits as a portion of the financial banking system (Figures 4, 5, 6 and 7).

Figure 4. Relative Average Participation (December of Every Year)
Over the Total of Financial Banking System Assets
By Origin of Capital Ownership (1991-1995; 1996-2001; 2002-2010)
Source: Prepared by the authors, based on information from the BCRA, Financial Institutions Report.



Figure 5. Relative Average Participation (December of Every Year) Over the Total of Loans Granted
by the Financial Banking System By Origin of Capital Ownership
(1991-1995; 1996-2001; 2002-2010)
Source: Prepared by the authors, based on information from the BCRA, Financial Institutions Report.