Nigeria

Nigeria

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2013-05-28

Total Pages: 132

ISBN-13: 1484304446

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This Financial Sector Stability Assessment on Nigeria discusses the macroeconomic performance and structure of the financial system. Although Nigerian economy experienced both domestic and external shocks in recent years, the economy continued to grow rapidly, achieving more than 7 percent growth each year since 2009. The performance of financial institutions has begun to improve, though some of the emergency anti-crisis measures continue to be in place. However, the regulatory and supervisory framework has gaps and weaknesses. In sum, the Nigerian economy has emerged from the banking crisis, and has the potential to enjoy an extended period of strong economic growth.


The Law of Banking in Nigeria

The Law of Banking in Nigeria

Author: Otu Enyia

Publisher: African Books Collective

Published: 2019-08-23

Total Pages: 732

ISBN-13: 9785739953

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The Law of Banking in Nigeria - Principles, Statutes and Guidelines captures the general principles of banking law, statutes and guidelines relating to banking transactions. The book is presented in a very simple, precise, and clear language and contains three parts of thirty-one chapters in all covering the general principles of banking. It should create considerable awareness among the general public, law students, law teachers, bank customers as well as banks and bankers. Most certainly, it is a book that will assist the students and researchers in this area of law in wading through the general principles of banking law as well as the numerous Legislation and Guidelines on banking business.


West African Economic and Monetary Union

West African Economic and Monetary Union

Author: Patrick A. Imam

Publisher: International Monetary Fund

Published: 2013-10-22

Total Pages: 46

ISBN-13: 1484348222

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The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more than 90 percent of the financial system’s assets (about 54 percent of GDP at end-2011). Five banks account for 50 percent of banking assets. The ownership structure of the sector is changing fast, with the rapid rise of foreign-owned (pan-African) banks. This contributes to higher competition but also rising heterogeneity in the banking system, with large and profitable cross-country groups competing with often weaker country-based (and sometime government-owned) banks. Nonbank financial institutions are developing quickly, notably insurance companies, but remain overall small. This paper presents a detailed analysis of the banking system.


Banking and Finance

Banking and Finance

Author: Razali Haron

Publisher: BoD – Books on Demand

Published: 2020-12-23

Total Pages: 278

ISBN-13: 178984682X

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The banking and finance industry plays a significant role in the economy of a nation. As such, continuous research and up-to-date feeds are necessary for it to stay competitive and resilient. Due to its revolving and dynamic nature as well as its significance and interlinkages with other industries, a well-functioning banking and finance system is vital in safeguarding the interest of all stakeholders. Banking and Finance covers a wide range of essential topics highlighting major issues related to banking and finance. The book is rich with empirical evidence, scientific researches, best practices, and recommendations, making it a compact yet handy reference for readers, especially those who are in the field of banking and finance.


Senegal

Senegal

Author: Patrick A. Imam

Publisher: International Monetary Fund

Published: 2013-10-22

Total Pages: 40

ISBN-13: 1484359143

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This enhanced review of Senegal’s financial sector is one of several pilot reviews called for by the Executive Board in May 2012. The purpose of the reviews is to go beyond the traditional surveillance focus on banking system soundness and solvency by analyzing in more depth the interplay between financial development, macroeconomic and financial stability, and effectiveness of macroeconomic policies in low-income countries. Senegal is a member of the West African Economic and Monetary Union; a number of key macroeconomic and financial policies are designed and implemented at the union level. This study focuses on Senegal-specific issues. Another pilot study, to be prepared in the context of the next annual consultation on regional policies in early 2013, will focus on union-wide issues.


Entrepreneurship in Africa

Entrepreneurship in Africa

Author:

Publisher: BRILL

Published: 2017-09-25

Total Pages: 423

ISBN-13: 9004351612

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Chapters in this book contribute to our understanding of the theory, structure and practice of entrepreneurship in diverse African countries. Case studies examined include: African multinational banks and businesses, female entrepreneurs, culture and entrepreneurship, finance and entrepreneurship and SMEs.


Financial Soundness Indicators for Financial Sector Stability in Viet Nam

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2015-09-01

Total Pages: 117

ISBN-13: 9292570900

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Financial soundness indicators (FSIs) are methodological tools that help quantify and qualify the soundness and vulnerabilities of financial systems according to five areas of interests: capital adequacy, asset quality, earnings, liquidity, and sensitivity to market risk. With support from the Investment Climate Facilitation Fund under the Regional Cooperation and Integration Financing Facility, this report describes the development of FSIs for Viet Nam and analyzes the stability and soundness of the Vietnamese banking system by using these indicators. The key challenges to comprehensively implementing reforms and convincingly addressing the root causes of the banking sector problems include (i) assessing banks' recapitalization needs, (ii) revising classification criteria to guide resolution options, (iii) recapitalization and restructuring that may include foreign partnerships, (iv) strengthening the Vietnam Asset Management Company, (v) developing additional options to deal with nonperforming loans, (vi) tightening supervision to ensure a sound lending practice, (vii) revamping the architecture and procedures for crisis management, and (viii) strengthening financial safety nets during the reform process.


Understanding the Nigerian Financial System for Secondary School Students

Understanding the Nigerian Financial System for Secondary School Students

Author: Anthony Osae-Brown

Publisher: AuthorHouse

Published: 2016-05-18

Total Pages: 140

ISBN-13: 1524610291

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Everybody wants money, but few understand the so-called mystery behind the making and spending of money. If money grew on trees, the tree will be called the financial system, because that is the place where money is created and consumed. Those who understand how the financial system work are always in a better position to make more money than those who do not understand it. This book aims to create an understanding of the Nigerian financial system. It is written for secondary school students and adults seeking to understand the financial system. Students who read this book will become working adults with a better understanding of the financial system and of how to make more informed decisions about making and spending money.