Banking In Sub Saharan Africa

Author : Mr.Montfort Mlachila,Mr.Masafumi Yabara
Publisher : International Monetary Fund
Page : 34 pages
File Size : 47,8 Mb
Release : 2013-09-26
Category : Business & Economics
ISBN : 9781484344538

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Banking in Sub-Saharan Africa by Mr.Montfort Mlachila,Mr.Masafumi Yabara Pdf

Many countries in sub-Saharan Africa (SSA) have seen accelerated growth for an extended period of time since the mid-1990s, making a clear break with their long stagnant growth during the previous two decades. That said, the region faces significant challenges over the medium to long term, including reducing poverty, overcoming infrastructure bottlenecks, enhancing productivity and skill levels, and improving the business climate, among others. The banking sector remains underdeveloped in SSA, thus reducing its contribution to growth, although its limited integration with global financial markets helped countries weather adverse effects of the global financial crisis. It is imperative that the banking sector plays a more active role in SSA, in order to achieve sustainable growth led by the private sector. This paper, building on the recent literature on SSA, discusses the main features of the region’s growth and macroeconomic performance in recent years and the outlook for the coming years; it then reviews the main features of SSA banking systems and how they were affected by the global economic crisis, while flagging some factors that could influence financial sector developments in SSA in the period ahead.

Author : Mr.Paul Henri Mathieu,Mr.Marco Pani,Shiyuan Chen,Mr.Rodolfo Maino
Publisher : International Monetary Fund
Page : 45 pages
File Size : 51,7 Mb
Release : 2019-07-11
Category : Business & Economics
ISBN : 9781498321549

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Drivers of Cross-Border Banking in Sub-Saharan Africa by Mr.Paul Henri Mathieu,Mr.Marco Pani,Shiyuan Chen,Mr.Rodolfo Maino Pdf

Using data collected from pan-African banks’ (PABs), balance sheets and other sources (Orbis, Fitch), this study identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking group’s investment in the net equity of its subsidiaries to a set of explanatory variables, the analysis finds that cross-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons.

Author : Mr. Mauro Mecagni,Daniela Marchettini,Mr. Rodolfo Maino
Publisher : International Monetary Fund
Page : 39 pages
File Size : 45,5 Mb
Release : 2015-09-16
Category : Business & Economics
ISBN : 9781513501758

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Evolving Banking Trends in Sub-Saharan Africa by Mr. Mauro Mecagni,Daniela Marchettini,Mr. Rodolfo Maino Pdf

Banking in SSA has undergone very significant changes over the last two decades. Financial liberalization and related reforms, upgrades in institutional and more recently the expansion of cross-border banking activities and the rapid development of Pan-African banking groups are signaling greater financial integration and significant changes in the African banking and financial landscape. Nonetheless, excess liquidity in many countries reflects limited lending opportunities and, despite improvements, asset quality and provisioning remain comparatively low. Dollarization has also been a persistent characteristic in several natural resource-dependent economies. This paper discusses key stylized facts and trends of banking development in SSA, looking at a variety of dimensions such as size, depth, soundness, and efficiency. It also assess the rapid expansion of pan-African banking groups, which have overtaken the role of the European and U.S. banks that had traditionally dominated banking activities in SSA, creating significant cross-border networks and becoming the largest participants in new syndicates and large bilateral loans to finance infrastructure development.

Author : Sandrine Kablan
Publisher : International Monetary Fund
Page : 27 pages
File Size : 42,6 Mb
Release : 2010-06-01
Category : Business & Economics
ISBN : 9781455201198

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Banking Efficiency and Financial Development in Sub-Saharan Africa by Sandrine Kablan Pdf

This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses stochastic frontier analysis to measure efficiency and a generalized method of moments system to explain financial development. SSA banks are found to be generally cost-efficient, but nonperforming loans undermine efficiency, which suggests that improvement in the regulatory and credit environments should improve efficiency. The political and the economic environment have held back financial development in SSA.

Author : Ms.Catherine A. Pattillo,Ms.Anne Marie Gulde,Mr.Kevin Joseph Carey,Ms.Smita Wagh,Mr.Jakob Christensen
Publisher : International Monetary Fund
Page : 62 pages
File Size : 49,6 Mb
Release : 2006-08-28
Category : Business & Economics
ISBN : 1589065654

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Sub-Saharan Africa by Ms.Catherine A. Pattillo,Ms.Anne Marie Gulde,Mr.Kevin Joseph Carey,Ms.Smita Wagh,Mr.Jakob Christensen Pdf

Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of deep, efficient financial markets seriously challenges policy making, hinders poverty alleviation, and constrains growth. This book argues that building efficient and sound financial sectors in SSA countries will improve Africa's economic prospects. Based on a review of the key features of financial systems, it discusses the main obstacles and challenges that financial structures pose for SSA economies and recommends steps that could address major shortcomings in implementing the reform agenda.

Author : Patrick Honohan,Thorsten Beck
Publisher : World Bank Publications
Page : 264 pages
File Size : 52,8 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780821369104

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Making Finance Work for Africa by Patrick Honohan,Thorsten Beck Pdf

Drawing on its extensive experience in helping restructure and reform financial systems, the World Bank examines the state of African domestic financial systems in a global comparison. It identifies promising trends as well as pinpointing the major shortcomings that are observed across sub-Saharan Africa. Policy recommendations distinguish between those designed to make finance a more effective driver of economic growth and those designed to give low income, small-scale and other excluded groups better access to financial services.

Author : Paula Mitchell
Publisher : Unknown
Page : 84 pages
File Size : 41,5 Mb
Release : 2001
Category : Business & Economics
ISBN : MINN:31951D02013935Z

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Africa by Paula Mitchell Pdf

Author : Mr.Montfort Mlachila,Ahmat Jidoud,Ms.Monique Newiak,Bozena Radzewicz-Bak,Ms.Misa Takebe
Publisher : International Monetary Fund
Page : 79 pages
File Size : 50,9 Mb
Release : 2016-09-14
Category : Business & Economics
ISBN : 9781475532401

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Financial Development in Sub-Saharan Africa by Mr.Montfort Mlachila,Ahmat Jidoud,Ms.Monique Newiak,Bozena Radzewicz-Bak,Ms.Misa Takebe Pdf

This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.

Author : Mr.Charles Enoch,Mr.Paul Henri Mathieu,Mr.Mauro Mecagni,Mr.Jorge I Canales Kriljenko
Publisher : International Monetary Fund
Page : 102 pages
File Size : 40,8 Mb
Release : 2015-04-30
Category : Business & Economics
ISBN : 9781498365444

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Pan-African Banks by Mr.Charles Enoch,Mr.Paul Henri Mathieu,Mr.Mauro Mecagni,Mr.Jorge I Canales Kriljenko Pdf

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.

Author : Chuling Chen
Publisher : International Monetary Fund
Page : 34 pages
File Size : 54,8 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781451871616

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Bank Efficiency in Sub-Saharan African Middle Income Countries by Chuling Chen Pdf

We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide possible explanations for the difference in the efficiency levels of banks. We find that banks, on average, could save 20-30 percent of their total costs if they were operating efficiently, and that foreign banks are more efficient than public banks and domestic private banks. Among the factors that could affect the efficiency levels are macroeconomic stability, depth of financial development, the degree of market competition, strong legal rights and contract laws, and better governance, including political stability and government effectiveness. Our findings point to the importance of policies that aim to build stronger institutions, promote more competition, and improve governance.

Author : Mr. Charles Enoch,Mr. Paul Henri Mathieu,Mr. Mauro Mecagni,Mr. Jorge Iván Canales Kriljenko
Publisher : International Monetary Fund
Page : 102 pages
File Size : 46,6 Mb
Release : 2015-04-30
Category : Business & Economics
ISBN : 9781484325193

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Pan-African Banks by Mr. Charles Enoch,Mr. Paul Henri Mathieu,Mr. Mauro Mecagni,Mr. Jorge Iván Canales Kriljenko Pdf

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.

Author : Pade Badru
Publisher : Routledge
Page : 160 pages
File Size : 40,7 Mb
Release : 2018-12-20
Category : Social Science
ISBN : 9780429853517

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International Banking and Rural Development by Pade Badru Pdf

Published in 1998, this book reviews two of the World Bank's agricultural development projects in southeast Nigeria, and concludes that the objectives of these projects - which include reducing rural poverty and developing indigenous capacity for rural development - have not been fully realized. This book concludes that what these projects have achieved in the past, was the increasing integration of the peasant's political economy into the world's capitalist market with negative consequences. For example, the projects emphasis on export crop production, as opposed to food production, simply led to a diminishing capability among peasant farmers especially in the project areas, to produce food for themselves - while at the same time, reporting increased productivity in export-related production. The end result is widespread poverty amongst the poorest strata of peasant farmers participating in the program. In addition, the book looks at the Bank's structural adjustment programme, which in fact has the potential to reduce whatever benefits its agricultural programs might bring about for peasant producers.

Author : Mr.Francois Boutin-Dufresne,Mr.Santiago Peña,Mr.Oral Williams,Mr.Tomasz A. Zawisza
Publisher : International Monetary Fund
Page : 29 pages
File Size : 50,8 Mb
Release : 2013-02-26
Category : Business & Economics
ISBN : 9781475559668

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Benchmarking Banking Sector Efficiency Across Regional Blocks in Sub-Saharan Africa by Mr.Francois Boutin-Dufresne,Mr.Santiago Peña,Mr.Oral Williams,Mr.Tomasz A. Zawisza Pdf

This paper examines the determinants of net interest margins in four regional blocks in Sub-Saharan Africa and one comparator block in the Eastern Caribbean. Using bank-level data, we find that countries with a high level of operating costs, a high ratio of equity to total assets and high treasury bill interest rates have higher net interest margins. Moreover, high operating costs are associated with low measures of institutional quality and a small size of bank operations. We find support for the view that market structure is also partly responsible for high net interest margins in Sub-Saharan Africa. If interpreted causally, high operating costs and a high ratio of equity to total assets and, indirectly, institutional factors such as the rule of law, are the most important factors in accounting for high interest margins in the East African Community, relative to other regions.

Author : Dana T. Redford
Publisher : Emerald Group Publishing
Page : 313 pages
File Size : 52,7 Mb
Release : 2017-05-11
Category : Business & Economics
ISBN : 9781787141872

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Developing Africa’s Financial Services by Dana T. Redford Pdf

Financial services are an essential element in powering entrepreneurial activity beyond resource extraction in Africa. This book examines the macro-trends and highlights inspiring success stories of entrepreneurial financial sector ventures that are making a lasting contribution to the economic development of various sub-Saharan African countries.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 40,5 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 1513522426

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Evolving Banking Trends in Sub-Saharan Africa by Anonim Pdf