Atuação de bancos e cooperativas de crédito em regiões com baixo dinamismo econômico

Abstract

The relationship between money and economic development is a source of study by many authors, whotry to explain the role that money plays in development, especially at the regional level. Based on the post-Keynesian slope of the non-neutrality of money, this paper proposes to analyze the role of the banks and the credit cooperative of free admission, based on data from the Credit Union of Free Admission of Pernambuco (Sicoob Pernambuco), in the regions with less economic dynamism in which it operates, these being the Sertão do Pajeú, in the state of Pernambuco and Cariri Ocidental, in the state of Paraíba.Five financial indicators developed by Crocco (2010) were used to perform this analysis. The results show that despite the fact that the Credit Union has a minor performance in the region when compared to the banking branches, Sicoob Pernambuco has proportionally offered more credit in these peripheral regions, allowing for more investments and, consequently, regional development. The decline in the supply of credit by banks may be justified by a higher preference for liquidity, generated by high levels of uncertainty present in these regions.