Evolving Banking Trends in Sub-Saharan Africa

Evolving Banking Trends in Sub-Saharan Africa PDF Author: Mr.Mauro Mecagni
Publisher: International Monetary Fund
ISBN: 1513598244
Category : Business & Economics
Languages : en
Pages : 39

Get Book

Book Description
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.

Evolving Banking Trends in Sub-Saharan Africa

Evolving Banking Trends in Sub-Saharan Africa PDF Author: Mr.Mauro Mecagni
Publisher: International Monetary Fund
ISBN: 1513598244
Category : Business & Economics
Languages : en
Pages : 39

Get Book

Book Description
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.

Evolving Banking Trends in Sub-Saharan Africa

Evolving Banking Trends in Sub-Saharan Africa PDF Author:
Publisher:
ISBN: 9781513522425
Category :
Languages : en
Pages :

Get Book

Book Description


Banking in Sub-Saharan Africa

Banking in Sub-Saharan Africa PDF Author: Mr.Montfort Mlachila
Publisher: International Monetary Fund
ISBN: 1484344537
Category : Business & Economics
Languages : en
Pages : 34

Get Book

Book Description
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.

FinTech in Sub-Saharan African Countries

FinTech in Sub-Saharan African Countries PDF Author: Mr.Amadou N Sy
Publisher: International Monetary Fund
ISBN: 1484385667
Category : Business & Economics
Languages : en
Pages : 61

Get Book

Book Description
FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.

Banking in Africa

Banking in Africa PDF Author: Martin Brownbridge
Publisher: Africa World Press
ISBN: 9780865436930
Category : Business & Economics
Languages : en
Pages : 258

Get Book

Book Description
This book provides a review of the evolution of the post-independence banking system in Africa. There is a strong focus on the problems of restructuring of banking institutions and the management of the bad and non-performing assets of public sector institutions.

Making Finance Work for Africa

Making Finance Work for Africa PDF Author: Patrick Honohan
Publisher: World Bank Publications
ISBN: 0821369105
Category : Business & Economics
Languages : en
Pages : 264

Get Book

Book Description
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.

Sub-Saharan Africa

Sub-Saharan Africa PDF Author: Ms.Catherine A. Pattillo
Publisher: International Monetary Fund
ISBN: 9781589065659
Category : Business & Economics
Languages : en
Pages : 62

Get Book

Book Description
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.

Drivers of Cross-Border Banking in Sub-Saharan Africa

Drivers of Cross-Border Banking in Sub-Saharan Africa PDF Author: Mr.Paul Henri Mathieu
Publisher: International Monetary Fund
ISBN: 1498321542
Category : Business & Economics
Languages : en
Pages : 45

Get Book

Book Description
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.

Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability

Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability PDF Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286138482
Category : Business & Economics
Languages : en
Pages : 297

Get Book

Book Description
In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.

Banking in Africa

Banking in Africa PDF Author:
Publisher:
ISBN: 9789286144950
Category :
Languages : en
Pages :

Get Book

Book Description
In its fifth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: - Investing sustainably in Africa's cities; - Mobilising agricultural value chain financing in Africa: why and how; - Remittances and financial sector development in Africa.